The Riverside Press-Enterprise today ran a terrific op-ed from President Kevin Canning regarding the need for leaders at the civic, county and statewide levels to work together to help our economy recover. The piece explains the vital role construction, particularly that of new housing, plays in our region's economy and the direct, secondary and other ripple effects it carries across nearly all economic sectors and industries.
Recent efforts in parts of Riverside County and statewide have utilized a proactive approach to revive the hard-hit construction industry. These include temporary reductions in development impact fees and state/federal tax credits, all of which have had positive effects in the context of the recession. It's critical that we continue to allow these industries to recover and re-establish themselves, as they provide employment and economic activity that are of widespread benefit.
Photo credit: steveleenow