Desperate for affordable housing, some cities sweeten tax breaks for developers https://www.tucsonsentinel.com/nationworld/report/021824_developer_tax_breaks/desperate-affordable-housing-some-cities-sweeten-tax-breaks-developers/
Tax abatements have long been a tool cities use to encourage developers to build homes low-income residents can afford, but abatement deals might not always live up to expectations, and oversight is needed to ensure that developers follow through on promises of affordable units.
#Tucson #Arizona
@TucsonSentinel
I mean, Tucson even gives tax breaks to developers who build 100% market rate. Now that the city has its own "development arm" how about we expand that?