More than 1,200 Permit Allocations Available in Simi Valley
When homebuilding volume does start to ramp up in Southern California, one place builders might look is Simi Valley, where the recession has caused a surplus of building permit allocations under the city’s growth management plan.
The City Council learned this week that as of the end of 2010 there were 1247.8 unreserved permits ready to be allocated, up from 829.9 at the beginning of the year. The allocation grants are valid for three years and then expire unless a project is vested or a time extension is approved.
The city’s website has more information on the allocation process.
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