Abstract
This commentary takes a brief look at some of the major issues confronting the use of linkage fees. The first section addresses the legal issue of whether there is a “rational nexus” between commercial development and a reduction in the supply of affordable housing. The next section discusses two related topics: (1) what market factors made linkage programs in some area of the country successful; and (2) whether linkage programs are viable in depressed office markets. This section also outlines the market effects of linkage fees. Developers may respond to linkage fees in a number of ways that adversely affect the amount of commercial development and, consequently, the success of the linkage fee program. Finally, the alternatives to linkage fee exactions are considered.
Recommended Citation
Forrest Huffman and Marc T. Smith,
The Economics of Linkage Fees,
1 U. Fla. J.L. & Pub. Pol'y
(2022).
Available at: https://scholarship.law.ufl.edu/jlpp/vol1/iss1/6