Thanks for your reporting on this issue. I have no problem with the basic concept of using tax policy to advance community goals. I appreciate the geographic expansion of the MFTE to specific target areas that can use a boost and I think the four sites make sense.
Having said that, I agree with many of the comments from community members and Councilmember Gilman. I believe that tax breaks need to achieve more than just additional market rate apartments. They should be creating incentives to build the types of housing that are difficult to produce; units that we need. In particular, MFTE dollars should be spent on housing for lower income households.
Please explain the inappropriate content below.
