in-lieu fee
in-lieu fee · in-lieu fees
A payment made by developers or project proponents to a government agency or…A payment made by developers or project proponents to a government agency or non-profit organization instead of fulfilling regulatory requirements directly on-site, such as environmental mitigation, affordable housing, or infrastructure improvements.
Meaning
1 sensesA payment made by developers or project proponents to a government agency or non-profit organization instead of fulfilling regulatory requirements directly on-site, such as environmental mitigation, affordable housing, or infrastructure improvements.
Forms
plural: in-lieu fees| Singular | in-lieu fee |
|---|---|
| Plural | in-lieu fees |
regular