Phillip Hoffman of Santa Rosa County writes: "The story about first-time buyers losing their dream of buying their first new home due to a modest impact fee is pure fabrication."
It’s amazing how stupid they think we are.
March 2019 – Gulf Breeze School Board meeting on impact fees: SRC Builder Ed Henry explains that he hates impact fees because the added cost often makes it impossible for a young family trying to buy their first home to qualify for financing.
May 2019 – BOCC meeting in Milton when the School Board asked commissioners to approve a modest impact fee to add to projected student capacity: Commissioner Sam Parker remarks he hates impact fees because they frequently make it impossible for a young family to afford their first home.
PNJ article "Santa Rosa impact fee ordinance is drafted," Thursday, Dec. 5, 2019; Don Salter, District 3 commissioner: "It’s going to hurt the first-time home buyer, especially young military people down in Navarre and the young enlisted people who are trying to find a home…sometimes $5000 will make a difference …"
If the SRC Board of County Commissioners approves the proposed school impact fee in January, it will cost the builder $5,000 for every new SRC family residence. The builders, of course, try to pass this cost on to their buyers. Reality: If a prospective buyer won’t qualify for financing on a $200,000 home because of a $5k impact fee, they DON’T QUALIFY for the mortgage without the same impact fee! Added to their mortgage and paid over time, the cost per month to the buyer is negligible.
The story about first-time buyers losing their dream of buying their first new home due to a modest impact fee is pure fabrication.
Q: If the builders feel so sorry for the prospective young buyers, why don’t they just pay the fee themselves?
Phillip Hoffman, Santa Rosa County Voters Against Overcrowded Roads & Schools