from today's Fort Lauderdale's Sun-Sentinel (4/16):
AFFORDABLE HOUSING TAX CONSIDERED;
BROWARD PLAN WOULD TAP NEW BUSINESSES
Scott Wyman Staff writer
"New businesses could be taxed to help generate affordable housing needed for workers under a proposal that Broward County officials agreed to explore Tuesday.
About $2.6 million could be raised to build homes or rental complexes or help families with home purchases if the county were to charge developers an extra $1 per square foot for their projects.
Builders have expressed skepticism about the housing fees, but supporters argue it will provide needed financing to solve a long-standing problem. Independent studies have repeatedly shown the area has a shortfall of housing for low- and middle-income families because wages have not kept pace with real estate prices and rents." ...
for the complete story
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