|Posted:||October 7, 2020 02:30 PM|
|From:||Representative Jared G. Solomon|
|To:||All House members|
|Subject:||Expanding Affordable Housing in Pennsylvania|
For every 100 people who need affordable housing in this state, only 42 people will get it. And that is just the average for Pennsylvania. In counties like York and Monroe, only 28 people out of 100 will get the affordable housing they need; in Lancaster, only 19 people. The situation is reaching crisis levels.
At a time when housing is increasingly insecure thanks to the pandemic and the economic shutdown, we as a Legislature need to give local policy makers all the tools and resources possible to help people secure a home for themselves and their families.
That is why I am inviting you to co-sponsor an important piece of legislation that allows local taxing authorities to expand access to affordable housing in a dramatic and unprecedented way. The bill gives local authorities a menu of options to pass tax abatements or exemptions for the creation or improvements of affordable housing, be they for homeownership or rentals. Use of these abatements is entirely up to local policymakers, and in some cases, offers various exemption schedules to tailor the tax relief to the needs and budgetary constraints they face.
Introduced as HB2937