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Pleasanton Comprehensive Fee Update and Nexus Study November 2024 <br /> Fee Calculations <br /> Table 30 summarizes the development costs and supportable home values for all prototypes and calculates the corresponding <br /> maximum justifiable in-lieu fee. <br /> Table 30 Inclusionary In-Lieu Fee Calculations <br /> Single Family <br /> Item Formula Detached Townhomes Condos Rental (Podium) <br /> Moderate Low Income (60% <br /> Income (120% Moderate Income Moderate Income AMI)and Very Low <br /> Income Level AMI) (120% AMI) (120%AMI) Income (50% AMI) <br /> Inclusionary Percentage a 15% 15% 15% 15% <br /> Development Cost Per Unit b $2,232,542 $1,069,670 $1,008,638 $566,883 <br /> Supportable Home Value c $547,500 $508,400 $459,900 $197,850 <br /> Affordability Gap d = b-c $1,685,042 $561,270 $548,738 $369,033 <br /> Per Market Rate Unit Fee e= d *a $252,756 $84,190 $82,311 $55,355 <br /> Average Unit Size f 3,000 2,000 1,500 800 <br /> Per Sq. Ft. Fee g= e I f $84.25 $42.10 $54.87 $69.19 <br /> Economic& Planning Systems, Inc. (EPS) 50 <br />