The Bee's editorial "Has council forgotten the Village I shortfall?" (Aug. 14, Page B-6) missed the mark concerning the city of Modesto's efforts to work with home builders to get this important sector of the economy back on track.
The California Building Industry Association is indeed "pushing statewide for cities and counties to defer the collection of impact fees" to help jump-start the housing industry. And the Legislature agreed that this is an important issue by unanimously passing legislation that encourages fee deferrals.
Typically, a builder begins construction on a new home when a buyer has signed a purchase agreement. But today, up to 60 percent of contracts are canceled, adding further economic stress to an industry already battered by the housing downturn. By deferring fees that average $50,000 or more per home, cities can reduce the risk, make construction financing easier and encourage home building. That benefits local governments by putting people to work and generating increased taxes and revenues.
Area homebuilders are active in CBIA's efforts and it's unfortunate that The Bee did not talk with them or the staff of the Building Industry Association of Central California before publishing the editorial.
president and CEO,
California Building Industry Association