Inclusionary Housing Fee

“Alternatives to the on-site construction of the inclusionary housing requirement shall be encouraged and allowed in order to meet the housing needs for low and very low income households, consistent with the criteria in subsections A through I of this section.”

“In-lieu fees collected by the city shall be deposited into a fund known as the "Folsom housing fund". This fund shall be used to assist in the provision of housing for extremely-low-, very-low- and low-income households, as well as any special needs populations. All expenditures shall be consistent with the goals and policies outlined in the city's housing element. Eligible uses may include, without limitation: land acquisition, predevelopment costs, rehabilitation of existing units to extend their useful life and impose affordability restrictions, construction of new residential units, administration, and compliance monitoring of the affordable housing program.”

“Citywide Impact Fees (based on product type) ... Inclusionary Housing Fee | see pg. 6”

2002 (in-lieu fee component added 2013; per-square-foot methodology 2026)

“H. Other Alternatives. Other alternatives proposed by the developer which are accepted by the city and meet the requirements and intent of this chapter. (Ord. 1243 § 2, 2015; Ord. 1177 § 4, 2013: Ord. 958 § 2 (part), 2002)”

“H. Other Alternatives. Other alternatives proposed by the developer which are accepted by the city and meet the requirements and intent of this chapter. (Ord. 1243 § 2, 2015; Ord. 1177 § 4, 2013: Ord. 958 § 2 (part), 2002)”

at building permit

“If a development project is approved for payment of an in-lieu fee, the fee shall be collected prior to the issuance of a building permit for each dwelling unit included in the development project.”

City of Folsom, the agency that levies it

“City of Folsom / Community Development Department / 50 Natoma Street / Folsom, CA 95630 / 916-461-6200 ... FOLSOM PLAN AREA DEVELOPMENT IMPACT FEES AND PERMIT FEES ... Effective July 1, 2026”

“All for-sale development projects consisting of ten or more units, including condominium conversion projects, as well as residential rental projects of ten or more units receiving funding assistance from the city or that are otherwise subject to a voluntary affordable housing agreement with the city, shall include inclusionary housing units equal to ten percent of the total number of units in the project, excluding density bonus units.”

“D. Inclusionary Housing Credits. A developer may submit as part of the inclusionary housing plan a proposal to provide more affordable housing units or donate additional land in connection with a development project than the 10 percent required under this chapter, and may credit the additional amount of land or additional number of affordable housing units against future projects subject to the provisions of this chapter which are proposed in the city. Credits may be transferred or sold to any other person or entity subject to compliance with following conditions:”

“Current Inclusionary Housing Fees ... [subdivision-by-subdivision list] ... Inclusionary Housing Fee effective February 12, 2026 | All Other Developments | Dwelling units 1500 sq. ft. or less $ - | Dwelling units over 1500 sq. ft. $ 3.00 per sq. ft. | *Based on conditioned square footage”