YIMBY News for 1/3

[Eric Budd]

Tacoma Turns to Builder Impact Fees to Bolster Transportation Funding

The Urbanist

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KEYWORD SCORE: 53.06. affordable, affordable housing, apartment, bike lane, bikeway, comprehensive plan, construction, development, growth, homeowner, housing, impact fee, multimodal, project, rent, renter, supply, transit-oriented, transportation, urban, vision zero, walk, zone

Washington’s third largest city is poised to tack on additional fees on homebuilders in mid-2026, following a 6-3 vote to adopt a new transportation impact fee framework at the Tacoma City Council on December 9. On track to go into effect next summer, the new fee structure is seen as a badly needed new source of revenue for transportation projects in the wake of the failed Streets Initiative II ballot measure last spring. However, the idea of increasing the cost of construction just as reforms intended to increase housing availability and affordability in the City of Destiny, particularly the

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