Large tax hike doesn't deter homebuilders


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  • | 2:29 p.m. May 5, 2015
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FORT MYERS — A recent tax increase on new construction in Lee County didn't slow the demand for residential building permits in April.

Homebuilders pulled 136 permits for single-family homes worth $26.2 million in unincorporated Lee County in April, according to the Lee County Department of Community Development. That compares with 68 permits worth $19 million in April 2014.

Lee County Commissioners voted earlier this year to more than double taxes on new construction, also known as “impact fees.” Starting March 13, homebuilders will pay $6,131 for each new home they build, compared with $2,942 previously.

 

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