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Developers Opposed Hike in Impact Fees

FORT WORTH, TX—A proposal tohike impact fees on new development would curb a housing recovery real estate and business groups told the City Council on Tuesday.

By David Phillips | Updated on January 16, 2013

FORT WORTH, TX—A proposal to increase impact fees on new development to help pay for arterial roads would hinder a recovery in the local housing sales real estate and business groups told the City Council on Tuesday. Critics also feared those fee increases could chase construction into nearby suburbs, according to a report in the Fort Worth Star-Telegram.

Those groups support raising the impact fees by less than the city staff has recommended.

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