Valley suburbs hike new home impact fees

Valley suburbs hike new home impact fee, from the Phoenix Business Journal, reports that Peoria, Glendale, Fountain Hills and Queen Creek have or are considering increased impact fees on new homes to help pay for growth and bankroll key projects and infrastructure. All the new homes going up in the sprawling eastern and western suburbs require sewer, roads, water connections, parks, schools and police and fire services. Most Valley cities have some type of development impact fees that help local governments pay for costs associated with new housing and population growth. Peoria raised its impact fee for the north part of Peoria from $12,942 per unit to $17,025. Glendale is considering raising its impact fee from $9,780 per unit to as much as $13,189 per house. Chandler, Mesa, Buckeye and Gilbert recently hiked their impact fees. Home builders can pass the extra cost on to homebuyers, driving up the cost of housing.

http://phoenix.bizjournals.com/phoenix/stories/2005/12/05/story1.html?t=printable