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Stockton City Council May Cut Developer's Fee To Increase Construction

  

Stockton developers have seen construction fees increased steadily over the last 15 years.

In 2002 it cost $16,000 for a building permit on a 2,000 square-foot home...eight years later the cost jumped to $53,000.

Attorney Steve Herum representing the Building Industry Association told the Stockton City Council that reducing fees would revive the area's housing industry that has gone flat. 

"The local community will benefit from the economic development and by creating family wage jobs, it's good for the city, it's good for people looking for jobs so they can support their families."

The council agreed to cut fees by more than $12,000 over three years for 1,000 single family homes and 500 multi-family units. 
Herum says similar cuts in nearby cities including Manteca and Lodi have helped spur new housing development.

 stockton

Rich Ibarra

Contributing Central Valley/Foothills Reporter

As the Central Valley correspondent, Rich Ibarra covers San Joaquin, Stanislaus, and Merced counties, along with the foothill areas including Tuolumne and Calaveras counties. He covers politics, the economy and issues affecting the region.   Read Full Bio