Value Capture: Development Impact Fees

United States. Federal Highway Administration. Office of Innovative Program Delivery

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Value Capture: Development Impact Fees

2018-01-01
By United States. Federal Highway Administration. Office of Innovative Program Delivery

[PDF-380.67 KB]

English

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Details:

Corporate Creators:

United States. Federal Highway Administration. Office of Innovative Program Delivery
Contributors:

Bishop, Thay
Subject/TRT Terms:

[+]

Impact Fees Improvements Land Values Value Capture
Resource Type:

Brief
Geographical Coverage:

United States
Corporate Publisher:

United States. Federal Highway Administration. Office of Innovative Program Delivery
Abstract:

Development Impact Fees are one-time charges levied by local governments on new development. They are charged to developers to help municipalities recover growth-related infrastructure and public service costs. They differ from other forms of value capture including special assessments and negotiated exactions, in that impact fees can be used to pay for off-site services such as local roads, schools, or parks. Development impact fees are typically determined through a formulaic process, rather than through negotiations as done for developer contributions. Development impact fees are used by local governments throughout the United States to fund transportation improvements.
Format:

PDF
Collection(s):

Federal Highway Administration
Main Document Checksum:

[+]

urn:sha256:88f2c1fe5c073bed514f4329be6d15e58b18e61644423d661080a15e588976a6
Download URL:

https://rosap.ntl.bts.gov/view/dot/55660/dot_55660_DS1.pdf
File Type:

No Additional Files

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Value Capture: Development Impact Fees

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