The Atlanta City Council held a work session on the city's impact fee schedule update and they need to hear from you!
On June 22nd, the Atlanta City Council's Community Development/Human Services (CD/HS) committee held a work session to discuss amendments to their comprehensive development plan during a virtual meeting. This hearing covered the draft impact fee study, which would increase development fees. While the city's impact fees have not been updated for 25 years, REALTORS® have been advocating that the fees have a reasonable increase.
The Governmental Affairs Committee Chairs of both the Atlanta Commercial Board of REALTORS® and the Atlanta REALTORS® Association, submitted comments urging the City that any fee increase match inflation, that they be implemented incrementally and projects already submitted be grandfathered in. To learn more about the Impact Fee update and to make comments, click here.
This measure will be expecially significant for single family homes. City staff contends that single family homes will (potentially) have the largest increase in fees. Staff will send their recommendations for approval from the Atlanta Regional Commission with final approval expected in late 2020. To view the presentation, click here.
If you have any questions or comments, contact Governmental Affairs Director, Aaron Johnson at 404-732-0631.