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What is Impact Fees

Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth
Funding or fees tied to a direct impact from a project or use. For example, if new housing is expected to generate 100 new trips daily, a certain portion of funding to contribute to mitigating the negative impacts of those trips could be levied.
Published in Chapter:
Evolving Transportation Sustainability: Climate Change, Transportation Planning, and Moves Toward Active Transportation Infrastructure
William Riggs (University of San Francisco, USA)
DOI: 10.4018/978-1-5225-7396-8.ch002
Abstract
Transportation policymakers and planners have begun to realize the importance of sustainable transportation with regards to health, social implications, and the climate. Focusing on more active travel is one way that these officials are beginning to evolve cities in a way that supports these broader sustainability goals. In this light, this chapter focuses on how active transportation has evolved, and how policy and finance can support it. It also looks at emerging issues that may reshape transportation, such as connected and autonomous vehicles, and how we can maintain transportation sustainability in light of these innovations.
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