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Orange County gives developers a break on building fees
May 16th, 2008
Acting at the request of the politically powerful real estate development industry, Orange County has agreed to postpone collecting fees for the housing construction projects, without any analysis or discussion about the effect it will have on the county’s finances
County officials and building industry representatives characterized the measure as an effort to help builders hit by the credit crunch and the real estate downturn to get projects off the ground. One supervisor, however, questioned whether it would stimulate growth and another critic dismissed it as a favor to the building business.
Orange County is the largest government agency in the state to adopt the change, which is being pushed by the Builders Industry Assn., a trade group that lobbies local government on behalf of the builders, engineers and other industries involved in the housing construction.
