Impact fees can be collected from developers, generally on a per-unit or square footage basis, to fund the implementation of TDM programs. These TDM fees can be put in an escrow account for the developer or subsequent property manager to spend to implement programmatic elements of the TDM plan. Importantly, “double dipping” with the already-required “TMA Participation” measure (above) is not allowed. This measure cannot be given credit for TDM fund payment or developer fees already required by fee nexus ordinance by the governing jurisdiction. Credit here may only be given for voluntary TDM fund payment or developer fee negotiated separately with the governing jurisdiction.
This measure applies to:
- Residential (Multi-Family): Large Project
- Residential (Multi-Family): Small Project
- Non-Residential (Office, Industrial, Institutional): Large Project
- Non-Residential (Office, Industrial, Institutional): Small Project
- Medical & Lodging: Large Project
- Medical & Lodging: Small Project
- Retail: Large Project
- Retail: Small Project