Stimulus extension by commissioners the right move
To the editor:
The Home Builders Association of Washington County (HBAWC) would like to say thank you to the Washington County Commissioners for extending the residential stimulus program, a program that waives a portion of the excise tax due on residential building permits. The commissioners are utilizing this program to stimulate the local economy by creating jobs in the construction industry. The Home Builders Association of Washington County would also like to thank the Division of Plan Review & Permitting, which had a large role in compiling data for the County Commissions to review in making their decision.
The stimulus program affects building permits for one- or two-family dwellings and/or additions. The excise tax waiver has been a boost to the residential construction market in Washington County. Many residents have made the decision to build a new home because of the stimulus program. Each home built allows for many people to be employed in the construction of the home and the materials supplied to build the new home. The housing industry has had double-digit unemployment rates in the past several years; this program has been a help to the local market for builders and suppliers. During the months of March 2011 through April 2012, 269 permits were issued with excise tax credits under the 2011 Residential Stimulus Program. These permits were issued for 151 new single-family or two-family dwellings and 118 residential addition construction projects.
The Home Builders Association of Washington County greatly appreciates the efforts extended by the Washington County Commissioners and Washington County staff.
Home Builders Association of Washington County