SomervilleMeetings

22-1798 Resolution Approved

That the Administration update this Council on efforts to use District Improvement Financing to capture new tax growth, specifically for new affordable housing.

Sponsors
Jake Wilson, Kristen Strezo, Jefferson Thomas (J.T.) Scott, Judy Pineda Neufeld, Matthew McLaughlin, Charlotte Kelly, Beatriz Gomez Mouakad , Lance L. Davis, Jesse Clingan, Willie Burnley Jr., Ben Ewen-Campen
Introduced
Oct 20, 2022
Assigned to
City Council
Enactment #
214453

History

  1. Jan 26, 2023
    City Council Work completed · roll call: pass Meeting agenda, item 6.B.2.
  2. Jan 24, 2023
    Finance Recommended to be marked work completed Meeting agenda, item 15.
  3. Oct 25, 2022
    City Council Approved and sent for discussion · roll call: pass

    Finance Committee

    Meeting agenda, item 4.9.

Official text

That the Administration update this Council on efforts to use District Improvement Financing (DIF) to capture new tax growth specifically for new affordable housing.