September 23, 2008

Fees

A private developer building a duplex in the out City of Worcester on an abandoned lot, say abandoned for over 2 years, would pay about $18,000 between:
  • water hook-up fees
  • sewer hook-up fees
  • permits for building, electrical and plumbing
  • grind and overlay of the street where you dig the trenches
  • sidewalk repairs

How can a private developer compete against a CDC, that not only avoids these outlays, but also gets grant monies that do not have to be repaid back? The simple answer is that they can not and they invest their monies elsewhere.

No comments: