Affordable Rental Housing Certification Program
Summary
A new voluntary program would give net-operating-income-based tax assessment to landlords who keep rents affordable, run by the Planning Department and Affordable Housing Commission. It's another tool aimed at adding affordable rental supply; a second reading and implementing resolution come later.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Sep 1, 2026.
Impact analysis
Tax assessment reductions for participating affordable rental properties; cost to the city not yet quantified.
Low- and moderate-income renters gain more affordable housing options.
Mentions & discussions (2)
Board of Aldermen - Sep 1, 2026
A new program lets landlords who cap rents at 30% of household income for workers earning up to 80% of area median income get a different, lower property-tax assessment. Aimed at teachers, police, and service workers priced out of town.
Board of Aldermen - Mar 3, 2026
A new voluntary program would give net-operating-income-based tax assessment to landlords who keep rents affordable, run by the Planning Department and Affordable Housing Commission. It's another tool aimed at adding affordable rental supply; a second reading and implementing resolution come later.
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