How impact fees work in Florida and what changes under the new law


Traffic congestion along LPGA Boulevard near Tanger Outlets, Friday, April 30, 2021.

Impact fees in Florida are set to change under the newly passed state bill HB 337 which Gov. Ron DeSantis is expected to sign into law.  

Here are things you should know about impact fees and why they should matter to all Florida residents, not just developers, builders and homebuyers.

What are impact fees, anyway?

Impact fees are a one-time fee assessed to either developers or builders for new homes, including townhouses, apartments and condominiums, as well as new commercial developments.

The purpose is to help pay for increased infrastructure demands created by the new growth. If roads and other infrastructure improvements fail to keep up with growth, it can affect the quality of life for all residents by creating increased traffic congestion and greater wear and tear on existing infrastructure facilities as well as other resources such as water, schools, police and fire services and area parks.



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