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NAHB Helps Oklahoma Builders Advance Impact Fee Alternatives
When the planning and community development staff of Stillwater, OK, first considered drafting an impact fee ordinance that would charge builders about $1,000 per house for improvements to the city's transportation infrastructure, the Stillwater Home Builders Association (SHBA) contacted NAHB's Land Development Department for assistance.
Responding to the association's call, NAHB land development staff flew to Stillwater and met with city officials and SHBA representatives to discuss possible infrastructure financing alternatives as well as to analyze the legal requirements that would be necessary for the city to implement the impact fee.
NAHB staff determined that the city's impact fee ordinance did not meet all the necessary legal requirements. Rather than implement impact fees that would only affect new home buyers, staff instead suggested that Stillwater officials consider infrastructure funding alternatives such as bonding capacity, special assessment districts and community-wide tax increment financing.
NAHB's involvement raised enough questions among city officials that the city of Stillwater has delayed the adoption of the fees and is now considering alternative tools to finance the community's road improvements.
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