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Metropolitan DC Local Politics
Reply to "MoCo County Executive race"
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[quote=Anonymous][quote=Anonymous]Jawando today: We’re entering a tough budget season, working to fund education, transportation, public safety, and other non-negotiables. But a newly proposed bill would give corporate developers in our county a 25-year tax holiday worth $2.6 BILLION if they convert commercial buildings into residential ones, jeopardizing our ability to fund those essential services for decades to come. We need real affordable housing solutions, not just blank checks. #MontgomeryCounty #AffordableHousing[/quote] lol Someone needs to educate the county council on the fact that developers are not the little guy. They always win. They don’t need ridiculously oversized subsidies. We have rentals. We have housing. If they are trying to help the homeless, then that’s a very targeted approach for a select group of housing projects—it’s not a tax break writ large across the board. Given the dramatic decline in the county’s tax base, I don’t think we really should prioritize affordable housing that will attract more low-income people. Focus on targeted projects and leave the bulk of development to market rate—and tax the fancypants developers just like everybody else. [/quote]
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