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Hartford mayor proposes $6.5 million housing investment, pledges no tax increase
Summary
In the March 24 address the mayor said the proposed budget would not raise residents' taxes, invests $6.5 million to increase homeownership opportunities and includes a program to help city employees buy homes; details and eligibility were not specified in the speech.
Hartford Mayor (name not provided) told the Court of Common Council on March 24 that the administration's budget proposal includes no tax increases and a $6,500,000 investment aimed at expanding homeownership opportunities for Hartford residents.
"With the help of this council, we invested $6,500,000 in housing in the city of Hartford that will lead to homeownership for Hartford residents," the mayor said, adding that the city will also work to make mortgages more affordable. He said the…
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