Currituck Looks to Spur New Homebuilding
Posted by Red Sky Realty Group on Monday, January 25th, 2010 at 7:38am.The elimination of building permits in Currituck, would be a great way to spark some construction. The decline in prices, has made for some very affordable land opportunities throughout Currituck county.
Here is a beautiful Grandy homesite in the Carolina Club and an Aydlett homesite with sound views.
Currituck may drop fees to spark home construction
By Jeff Hampton
The Virginian-Pilot
Currituck County could eliminate building permit fees in an effort to spur construction.
There were 159 building permits for new construction last year - the lowest in 20 years and a 77 percent reduction from the all-time high of 695 in 2003, according to county records. In 1989, the earliest year Currituck has records available, there were 431 new construction permits.
County revenue from the permits fell to $226,557. The record high is $938,758, collected July 2003 through June 2004.
"It's a large portion of our unemployment population right now," said Currituck Commissioner Barry Nelms. "We have people who have been without a job for one or two years. Some of them are at the point of being destitute."
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