Translate[Archived] Question #04: What would a 1% increase in the meals tax generate for Affordable Housing? What could alternative proposals to the meals tax increase generate for Affordable Housing?
Question:
What would a 1% increase in the meals tax generate for Affordable Housing? What could alternative proposals to the meals tax increase generate for Affordable Housing?
Response:
On December 19, 2017, in response to his request, staff
provided a memorandum to Councilmember Willie Bailey regarding the need for
increased funding for affordable housing and the feasibility of dedicating a
one-percent increase in the meals tax for increasing housing affordability. On
February 27, 2018, City Council held a work session on affordable housing
funding options including the meals tax and other alternative sources. Copies
of the December memorandum and the February slide presentation are attached,
and a link to the video recording of that night’s legislative meeting is
provided here (skip to docket item #10 for the affordable housing work session
discussion).
City Council Meeting February 27, 2018
ATTACHMENTS:
Attachment 2 – Affordable Housing Funding Options presentation (presented February 27, 2018)