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Water package holds high importance to builders

Posted by: Maven on December 10, 2009 at 8:14 am

From the California Building Industry Association, this position paper on the recent water legislation package (hat tip to the LPALand twitter feed):

“The comprehensive water package passed recently signed into law by Gov. Schwarzenegger should be viewed for what it is: A major achievement by a Legislature that has been widely criticized for doing little to address many of the pressing social and economic problems confronting California today.

After years of talking — and little else – about the state’s chronic lack of investment in its water supply infrastructure and the dire implications of standing by as the Sacramento-San Joaquin Delta engaged a decades-long “March of the Penguins” toward decline, the Legislature and the Governor should be applauded for getting it right.

Now the question is: Will California voters get it right when they go to the polls on Nov. 2, 2010? If you are a California homebuilder or are employed by a California homebuilder or rely in one way or another on the substantial economic benefits of new housing, then you should hope they do.

The importance of the $11.1 billion comprehensive water package to California’s homebuilding industry is considerable. Water is the lifeblood of everything we do; without it there is no prosperity, there is no building. In California there has always been a link between land use and water supply. Within the last decade though, there has been an increased emphasis on demonstrating water supply security for new development. … “

Read more from the California Building Industry Association by clicking here.

December 10, 2009 · Filed Under Development & Population

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