Atlanta on Sept. 1 is to begin its program to more than triple the cost of impact fees charged to new houses. The fee hike represents one nettlesome issue around housing affordability.
Tag: Impact fees
Posted inSean Keenan
Atlanta officials consider more than doubling development impact fees
Atlanta City Council leaders and other city staff are hashing out a plan to update the so-called “impact fee program,” which utilizes funds collected from developers and directs them toward public services, such as infrastructure projects.
Posted inColumns
Atlanta issued $4.6 billion in building permits in 2017, uses 1993 rates to collect impact fees
Atlanta issued building permits for $4.6 billion of new construction investments in fiscal 2017 and charged the same rate for impact fees as in 1993 – money that’s used to improve mobility, parks and public safety. The mayor’s office says any potential revisions in fees won’t be ready until June 2021, not the February 2020 date sought by some on the Atlanta City Council.
Posted inLatest News
Atlanta City Council presses forward on impact fees to fund parks, mobility, more
The Atlanta City Council seems intent to raise in 2020 the one-time impact fees charged to new developments to raise money to provide the public parks, roads, police precincts and fire stations that serve growth. Frustration mounts as Mayor Keisha Lance Bottoms’ administration has little to show for progress since Jan. 7.
Posted inLatest News
Atlanta’s impact fees: Not much money for upgrades to police, parks, fire/EMS
The prospect of Atlanta spending some $2 billion on transit and transportation improvements, pending voter approval of two sales tax referendums on the Nov. 8 ballot, raises the issue of how these projects might overlap with those funded by impact fees paid when property is developed.
