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1993

Fordham Law School

Fordham Urban Law Journal

Land Use Law

New York City

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Full-Text Articles in Law

Conscripting Private Resources To Meet Urban Needs: The Statutory And Constitutional Validity Of Affordable Housing Impact Fees In New York, James Berger Jan 1993

Conscripting Private Resources To Meet Urban Needs: The Statutory And Constitutional Validity Of Affordable Housing Impact Fees In New York, James Berger

Fordham Urban Law Journal

In the closing decade of the 20th century, American cities face difficult financial predicaments. Urban tax bases have atrophied, and the confidence rating of municipal bonds has been downgraded. At the same time, city expenditures have increased as century-old infrastructure begins to crumble and urban demographics demand an ever increasing array of public services. To meet these challenges, New York City would do well to adopt impact fee and linkage arrangements, which would require developers to contribute to State coffers in proportion to the expected environmental, social, and economic impact of their development projects. To pass constitutional muster, however, any …