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Attachment 3 - Traffic Mitigation Fee Exemption Request

Camarillo City Council
December 13, 2023

Document
Attachment 3 - Traffic Mitigation Fee Exemption Request
Meeting
December 13, 2023
Body
Camarillo City Council
Original file
34 KB
Text extracted from the city's file for reading and search. Open the original on camarillo.primegov.com. That file is the official record.

FAIRFIELD. 5355 Mira Sorrento Place, Suite 100, San Diego, California 92121 | Main: 858.457.2123 November 13, 2023
City of Camarillo
601 Carmen Drive
Camarillo. CA 93010
RE: RPD-201 Moderate Income Affordable Housing Traffic Mitigation Fee Exemption Dear City of Camarillo,
This letter is submitted as a request to exempt 20 Moderate Income Restricted rental units from the Traffic Mitigation Fee for RPD-201. The project consists of 385 total rental apartments. A total of 20 apartments will be restricted to Very Low Income residents, and 20 apartments will be restricted to Moderate Income residents. These restrictions are required to be no less than 55 years, as outlined in the Affordable Housing Regulatory Agreement, recorded January 12, 2023.

The exemption is consistent with the City's goals of achieving affordable housing at all affordability levels.

Thank you for your consideration.

Sincerely
Ed McCoy
Senior Vice President
www.fairfieldresidential.com

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