Action Alert

ACTION ALERT – Stop Linkage Fee in the City of Los Angeles

Posted: June 5, 2017

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ACTION ALERT - Stop Linkage Fee in the City of Los Angeles

Thank you to BizFed member DeAndre Valencia at the Building Industry Association leading this effort in submitting a diverse coalition letter. Last year, BizFed voted to oppose attempts by the City of LA to include a linkage fee to the cost of new development. Currently the City of LA is considering a linkage fee of $12 per square foot on new homes and $5 per square foot on commercial development. This fee will increase the already sky-high cost of doing business, drive up rents, and worsen our housing shortage. These are three of the top 5 concerns about what is stifling our economy according to business owners and leaders like yourself who recently took our annual BizFed poll. 1. Please review the attached coalition letter already signed by BizFed, BIA, Apartment Association of Greater Los Angeles, Los Angeles Area Chamber of Commerce, NAIOP and VICA and reply with your support and your organization’s logo for inclusion in the letter. Please send your organization logos and expressed support by Tuesday, June 6th at 9am to De’Andre Valencia dvalencia@bialav.org 2. We all need your help to show the City Council that we can’t afford higher housing costs in Los Angeles. Please join us! CLICK HERE to download Coalition sign-on letter MEETING DETAILS WHAT: Planning & Land Use Management Committee Hearing - Linkage Fees WHEN: Tuesday, June 6th at 2:30 PM WHERE: Los Angeles City Hall 3rd Floor Council Chamber, 200 N Spring St. If you are interested in expressing your opposition on this matter at the hearing, please contact De’Andre Valencia dvalencia@bialav.org Jerard Wright http://bizfed.nationbuilder.com/

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ACTION ALERT – Stop Linkage Fee in the City of Los Angeles

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