Smart Growth: Government Fiscal Issues
To adequately support community infrastructure needs resulting from growth, governments adopt various approaches to pay for the development, expansion and maintenance of roads, transit, schools, water, sewers, and other public facilities. These approaches have included property taxes, impact fees, transfer taxes, and general and sales taxes; the issuance of bonds; and the use of special districts and tax increment financing.
NAR Resources
- Building for Tomorrow: Innovative Infrastructure Solutions - A series of publications from the National Association of Home Builders and the National Association of REALTORS® that offers potential solutions to infrastructure challenges.
- A Guide to Tax Increment Financing -This NAR report offers insights into how Tax Increment Financing (TIF) programs work, some of the ways communities have used TIF programs to reach their development goals, and examples of TIF statutes and case law.
- The National Association of REALTORS® Positions on Impact Fees
- The National Association of REALTORS® Positions on Transfer Taxes
- NAR Transfer Tax Study
- NAR State Issues Tracker Listing of Transfer Tax and Impact Fees for States and U.S. Territories (NAR members only)
NAR Field Guides
NAR Research Reports
Potential Impacts of Increases In Real Estate Transfer Taxes (PDF: 304KB)
Potential Impacts of Sales Taxation of Services on the Real Estate Sector (PDF: 273KB)
