Impact Fees And Affordable Housing

The increasing use of impact fees raises serious concerns about the effect of impact fees will have on the affordability of housing.

Approximately 60 percent of U.S. cities with more than 25,000 residents now impose impact fees to fund infrastructure needed to service new housing and other development) In 89 jurisdictions selected for study in California, the state in which impact fees are most heavily used, the average amount of fees imposed on singlefamily homes in new subdivisions in 1999 was $19,552, with fees ranging from a low of $6,783 to a high of $47,742... The increasing use of impact fees and the costs that they may add to the development process raises serious concerns about the effect using impact fees to fund infrastructure will have on the affordability of housing. This journal article explores this controversy.

Thanks to Chris Steins

Full Story: Impact Fees and Housing Affordability

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00