TAX CREDITS CREATE AFFORDABLE RENTAL HOUSING
By Steve Wright
Even with success stories such as the Monte Cristo, Peterson still said the supply of affordable housing is not keeping pace with the demand. To increase opportunities and make low income housing more efficient and in-line with Smart Growth principles, he would:
• Make all layers of housing subsidies work seamlessly together.
• Encourage mixed income developments.
• Encourage more urban density and land efficiency.
• Build more affordable housing around public transit.
• Encourage more Green Building practices.
• Create some form of inclusionary zoning that generates housing units.
• Streamline zoning, permitting and other development processes to control spiraling costs.
• Ask For-Profit and Non-Profit to work together more.
• Push for better results from programs and services that work with special needs housing such as those serving disabled, homeless, farm worker and offender re-entry populations.
• Add another layer of subsidy to the Tax Credit program to develop Workforce Housing.
Wright frequently writes about smart growth and sustainable communities. He and his wife live in a restored historic home in the heart of Miami’s Little Havana. Contact him at: stevewright64@yahoo.com
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