Low Income High Density Housing or Luxury Retreat?
We truly are confused by this project. The project is being subsidized by an obscure tax credit funding called Workforce Housing.
This Workforce Housing Tax Credit program dates back to the Reagan years to build affordable housing to maintain viable local labor forces for industry. This is a very admirable goal. . however maybe we should first rebuild Industry to have jobs available?
Chicken or the Egg? Jobs or Workforce? Low Income Housing or Resort Lifestyle?
One to Three Million Dollars per Year of new Tax Payer Liabilities!
Please read the minutes of the meeting of June 26 2014 detailing all the amenities, costs and rents of this project. The information is scattered however most of the amenities are on page 16.
- ♦ Swimming Pool
- ♦ Sand Volleyball court
- ♦ Fitness Center
- ♦ Business Center
- ♦ Sun Deck
- ♦ Picnic Area