The precise parcels that ended up becoming designated over the countrywide maps were being resolved from the Governor’s Business of every condition. The overall intentions in the Tax Legislation were a move in the right course. But there is a single gigantic problem. The whole exercise is a monumental case in point of what transpires When you've got laws published predominately for business pursuits by company passions: the tragedies of the commons that stream downstream are monumental and continue to be unpaid by These reaping the monetary benefits.
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I think This is frequently all correctly and superb for MTC and also the corporate pursuits that launched us the CASA Housing Compact, but Yet again, this does beside Certainly nothing at all to reinforce the funds obtainable for more compact, infill affordable housing progress that we so desperately have to obtain.
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Because The chance Zone maps intentionally outline parcels in small cash flow census tracts, but consist of no affordable housing or other community reward needs, they Totally assurance that if housing is built-in Those people regions, It's going to be luxury housing and lead to displacement and gentrification.
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