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Housing director says city opted out of Live Local tax exemption; board informed of council rationale
2159980 · January 29, 2025
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Summary
Acting housing manager Dylan Mayhew reported that the city council opted out of an automatic Live Local tax exemption for certain rental properties, citing concerns about reducing the tax base and limited gains in new units.
Acting housing manager Dylan Mayhew told the Neighborhood and Affordable Housing Board that in December the city council approved an opt-out to the Live Local tax exemption…
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