In my practice representing developers and landowners, I routinely review dozens if not more, of development agreements over the course of a year. Without question, the most complained about aspect of virtually all such agreements, by a wide margin, is the extent of fees being imposed by a given city. Municipal fees are the runaway
development fees
City Response to Affordable Housing Problem: Tax Housing Developers
By Peter Coyle on
Posted in Planning and Development
News publications across the country have affirmed the existence of a near-crisis in providing affordable housing options for first-time homebuyers and low-income housing consumers. Mayoral elections in Minneapolis and St. Paul emphasized the need to address this problem. There are numerous private for-profit and nonprofit housing developers who would love to serve this market; indeed…