Economic Development

Fee Waivers

Issue Brief

Many governmental jurisdictions look for ways to boost economic development within their communities. By using economic development financial tools, governments can attract development based on a developer’s needs and spur economic development projects within their communities. Government entities can use this tool to promote revitalization or affordable housing in the area while increasing the community’s tax base.

A fee waiver is a financial tool available to some governmental jurisdictions that can be used to promote and help pay for certain types of development, revitalize targeted areas and/or aid in developing affordable housing. Fee waivers can be tailored to a government entity’s needs and are often offered on a sliding scale based on development project criteria. Government entities have successfully offered fee waivers to support development projects focused on revitalization, affordable housing, historic rehabilitation and small business development.

  • Publication date: March 2020