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City eyes affordable housing funds from sales tax
The advisory board backs renewing the .55 percent city sales tax and repurposing the .05 percent from transit expansion to affordable housing. The plan would raise about $1 million annually, boosting the housing fund beyond the current $350,000 CIP allocation, with support for density fees and other funding sources while noting regressive impacts and the need for voter approval in March 2019.
MENTIONED IN THIS ARTICLE
Lawrence
Markus
Boley
Casey Toomay
Affordable Housing Trust Fund
City Commission
Toomay
Stultz