Town may ask voters for help

It’s no secret Vail has a shortage of affordable housing for workers-to rent and buy.  now for the first time ever, town officials want to ask voters for more money to pay for new affordable housing units.  A ales tax increase, a mill levy increase and or a real estate transfer tax are being considered.

“We can go to teh taxpayers to get a dedicated funding source”Vail towncouncil man Mark Gordon said Tuesday. While no specific amount was discussed, finding an additional funding source would provide catch up opportunitues for Vail workers, according to the town’s new strategic workforce housing plan, which is expected to be approved in September.

Such tax increases have been discussed before, but thi sis the first time one is being formally included in a housing plan, said Nina Timm, the town housing coordinator.

contact Gerlinde Debie at Gateway Land and Development for housing opportunities in the Vail Valley. 970.471.2293 or gerlinde@gatewayland.com

You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.