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Local business leaders urge alternatives to proposed linkage fees for affordable housing
Summary
Chamber representatives and city staff urged the commission to consider alternatives to a proposed linkage fee, saying the fee would raise limited revenue and could discourage high‑wage development; the Chamber proposed using a share of annual real‑estate value increases to grow the city—s affordable housing trust fund.
Nancy Kiefer, Chamber of Commerce representative, told the Volusia County Economic Development Committee Tuesday that the linkage fee proposal before the city would raise only modest revenue and could hinder business attraction. "The total amount raised from the projects would have been $500,000," Kiefer said, describing a 2023 review of developments that would have been subject to the fee. "I think there's a, you know, misunderstanding out there that that money can be used for repairs. It can be used to lift houses out of flood zones. It can't. It could only be used for for new development."
Kiefer said the Chamber supports a dedicated funding source for affordable housing but opposes…
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