Anchorage Assembly discusses tax incentives for housing and affordable housing repeal

The Special Assembly Meeting held on April 17, 2025, focused on significant changes to Anchorage's tax incentive policies for housing. The primary agenda item was the consideration of Ordinance 2025-35, which aims to repeal and reenact Anchorage Municipal Code Chapter 12.60, concerning tax incentives for housing, while also repealing Chapter 12.70, which addresses tax incentives for affordable and workforce housing.

During the meeting, Miss Salento, representing the administration, indicated that substitute versions of the ordinance would be introduced, and the public hearing would be continued to accommodate further discussion on April 22. This procedural move aims to ensure that community members have the opportunity to provide input on the final version of the ordinance.

The public hearing was opened, inviting testimony from residents. Tyler Robinson, a representative from Cook Inlet Housing Authority, expressed support for the proposed tax abatement ordinance, highlighting its potential benefits for the community.

The meeting underscored the Assembly's commitment to revising housing tax incentives, which could have significant implications for housing development and affordability in Anchorage. The continuation of the public hearing allows for further community engagement and input before final decisions are made.