There's a great story in today's Press-Enterprise about the positive impact fee reductions have had on spurring development (and economic recovery) in the Inland Empire. The news is so good, in fact, that many councils and boards are looking to extend fee reductions set to expire this December.
Our own Riverside County Chapter CEO Mark Knorringa is quoted in the article commenting on how builders have used reductions to help keep projects going:
They have said specifically there were some projects they built when they did because of the fee reduction.
The article includes an interesting city-by-city comparison of permits issued during the first eight months of 2009 vs. the first eight months of 2010.
Photo credit: twoGiraffe