Atlanta Council Holds Impact Fee Work Session
June 28, 2020
The Atlanta City Council held a work session on the city's impact fee schedule update and they need to hear from you!
On June 22nd, the Atlanta City Council's Community Development/Human Services (CD/HS) committee held a work session to discuss amendments to their comprehensive development plan during a virtual meeting. This hearing covered the draft impact fee study, which would increase development fees. While the city's impact fees have not been updated for 25 years, REALTORS® have been advocating that the fees have a reasonable increase.
The Governmental Affairs Committee Chairs of both the Atlanta Commercial Board of REALTORS® and the Atlanta REALTORS® Association, submitted comments urging the City that any fee increase match inflation, that they be implemented incrementally and projects already submitted be grandfathered in. To learn more about the Impact Fee update and to make comments, click here.
This measure will be expecially significant for single family homes. City staff contends that single family homes will (potentially) have the largest increase in fees. Staff will send their recommendations for approval from the Atlanta Regional Commission with final approval expected in late 2020. To view the presentation, click here.
If you have any questions or comments, contact Governmental Affairs Director, Aaron Johnson at 404-732-0631.
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact firstname.lastname@example.org.