Saturday, July 20, 2024

PROMOTING AFFORDABLE HOUSING

VIA ZONING REFORM



The report and WRA’s government relations work struck a chord, because eight different pro-housing legislative measures passed with bipartisan backing last year and in the most recent session, five major housing bills passed with almost unanimous support. 

The highlight is a $525-million revolving loan program for workforce housing.

“Our legislature is not a fan of TIF (Tax Increment Financing), tax credits or grants. It favors a revolving loan program, so the money gets paid back,” Tom Larson, executive vice president of the Wisconsin REALTORS® Association, observed.

Larson said another issue in the Badger State has been Not In My Back Yard (NIMBY) opposition to affordable housing, saying “you can enact the best land-use regulations you want, but you can’t get a project approved if neighbors oppose everything.”

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