The Riverside County Board of Supervisors voted this morning to extend the temporary reduction of development impact fees effective October 13, 2011. The reduction will be in force for one year, ending in October 2012.
HOWEVER, the previous temporary reduction expired on August 9. Since the new reduction will not take effect until October 13, the DIF will be 100% between August 9 and October 13.
If you have any questions, please call our government affairs gurus at (951) 781-7310.