Albuquerque, NM, considers development impact fees.
"Albuquerque is on the verge of making a monumental change in how it grows and who pays and when for the extensive public costs of that development.
Next week, the City Council will consider an ordinance to establish a development impact fee assessment, which aims to collect some of the true costs to taxpayers of housing and commercial development in advance of construction."
Thanks to Abhijeet Chavan
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HUD's Office of Policy Development and Research
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