Nation’s Building News, a National Association of Home Builders publication, notes that some government agencies are rolling back development-related impact fees in an effort to attract construction and stimulate local economies.
The city of Fremont, Calif., in April lowered its impact fees by 75 percent, for example, according to the article, and city officials in Eagle Lake, Fla., waived impact fees within the city’s Community Redevelopment Area, according to the report.
The association has published for members an "Impact Fee Rollback Resource Guide" that features a list of examples of rollbacks recently passed or under consideration, the article also states.
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