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Committee advances concept to allow short-term tax abatements for deed-restricted housing
Summary
The Planning and Development Committee voted to raise a concept that would let municipalities enter agreements for short-term tax abatements tied to deed-restricted housing. Members asked whether towns already have this authority and agreed to send the concept to public hearing.
The Planning and Development Committee on Feb. 20 voted to raise as a concept an act authorizing agreements for short-term tax abatements for deed-restricted housing, moving the idea toward a public hearing. Senator Grama moved to raise the concept and Representative Winter seconded; the clerk then conducted a roll call and the Chair announced the ayes had…
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