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Housing Crisis Looms as Impact Fees Skyrocket in Henry County

July 22, 2024 | Henry County, Georgia



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Housing Crisis Looms as Impact Fees Skyrocket in Henry County
During a recent government meeting, significant concerns were raised regarding the impact of increased impact fees on housing attainability and local businesses in Henry County. Granger Reeves, representing the Council for Quality Growth, highlighted that the new fee structure could severely affect developers and families, potentially making housing unaffordable for many. He noted that the fees for small businesses, such as daycares and family restaurants, would see dramatic increases—from $12,000 to nearly $29,000 for a 5,000 square foot daycare and from $32,000 to $76,000 for a similarly sized restaurant.

Reeves emphasized the need for a balanced approach to these changes, advocating for a six-month grace period or a phased implementation over one to two years. He also suggested a grandfathering clause to protect those already invested under the current fee structure, urging the council to consider these recommendations to mitigate the financial burden on the community.

Jared Wiley, from the Greater Atlanta Home Builders Association, echoed these concerns, requesting a halt to the fee increases while ongoing litigation regarding the fee methodology is resolved. He argued that reducing government regulations and fees is essential for achieving attainable and affordable housing in the area.

Both speakers underscored the importance of further discussion and due diligence before implementing such significant changes, highlighting the potential long-term implications for housing and local businesses in Henry County.

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