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Builders promote fee rollbacks

Real estate brief
Published on May 27, 2009

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by CareyBot

Nation's Building News, a National Association of Home Builders publication, notes that some government agencies are rolling back development-related impact fees in an effort to attract construction and stimulate local economies.

Fremont, Calif., in April lowered its impact fees by 75 percent, for example, according to the article, and city officials in Eagle Lake, Fla., waived impact fees within the city's Community Redevelopment Area, according to the report.

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