Impact Fees and Affordable Housing

The U.S. Department of Housing and Urban Development recently released "Impact Fees and Affordable Housing - A Guidebook for Practitioners". The purpose of this guidebook is to help practitioners design fees that more equitably reflect actual proportionate share and therefore have less of a negative impact on housing affordability. It includes information on the history of impact fees; discusses alternative financing models to ensure the most appropriate financing tools are at least considered; summarizes state legislation which can influence the design of local impact fee programs; and addresses how to design impact fees to be more progressive. Case studies of local government impact fee programs that are sensitive to affordable housing are also included. Click title for link.