The Effects of Impact Fees on Multifamily Housing Construction

19 Pages Posted: 8 May 2006

See all articles by Gregory Burge

Gregory Burge

University of Oklahoma

Keith R. Ihlanfeldt

Florida State University - Department of Economics

Abstract

Development impact fees may create more housing opportunities for lower-income households within suburban areas if there is a fiscal incentive behind the adoption of exclusionary land-use regulations. Using panel data estimation techniques that allow us to control for unobservable heterogeneity and potential endogeneities, we estimate the effects of different types of impact fees on multifamily housing construction using data from Florida counties. Impact fees earmarked for public services other than for offsite water and sewer system improvements are found to expand the stock of multifamily housing construction within inner suburban areas. Water/sewer impact fees, on the other hand, are found to reduce construction throughout the entire metropolitan area.

Suggested Citation

Burge, Gregory and Ihlanfeldt, Keith, The Effects of Impact Fees on Multifamily Housing Construction. Journal of Regional Science, Vol. 46, No. 1, pp. 5-23, February 2006. Available at SSRN: https://ssrn.com/abstract=875054 or http://dx.doi.org/10.1111/j.0022-4146.2006.00431.x

Gregory Burge (Contact Author)

University of Oklahoma ( email )

307 W Brooks
Norman, OK 73019
United States

Keith Ihlanfeldt

Florida State University - Department of Economics ( email )

Tallahassee, FL 30306-2180
United States

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