- Scott Walker’s budget would limit low-income tax credits to those who work, By Jason Stein, February 13, 2017, Milwaukee Journal Sentinel: “Gov. Scott Walker’s budget would require able-bodied adults to work to receive a low-income housing credit — part of broader proposals in the bill to move more people into jobs. Starting in 2018, able-bodied adults below the age of 62 will need to earn money to claim the state’s Homestead Credit. The disabled and seniors would be exempt from the requirement…”
- State lawmakers take aim at low-income housing, By Lydia DePillis, February 15, 2017, Houston Chronicle: “Two bills filed this month in the state legislature would make it harder to develop affordable housing in Texas, imposing onerous new requirements on the projects and giving neighbors broad powers to oppose them. Although the chances of passage are unclear — thousands of measures are filed during the four-month session and only a few become law — the bills would be consistent with many other restrictions the legislature has placed on affordable housing development. Meanwhile, helping low-income people access housing is a rising concern for Texas cities, as a flood of new residents has boosted the cost of both rental and for-sale units…”
Tag: Property Taxes
Foreclosures and Tax Sales – Detroit
Detroit needs residents, but sends some packing: By Monica Davey, June 26, 2014, New York Times: “Ronald Ford Jr. has watched neighbors move away and brick houses on his family’s block crumble to nothing, but he says he wants to stay put and give a chance to city leaders who now promise a renaissance. ‘I’d like to try to go with the new Detroit if that’s really coming,’ Mr. Ford, 49, said, standing outside the house on the city’s east side that he describes as precious, ‘like a family heirloom.’ Yet as Mike Duggan, the mayor of the nation’s largest bankrupt city, pledges to stem the flood of departures that have crippled Detroit and to begin increasing the city’s population for the first time in decades, Mr. Ford is on the verge of losing his family’s house. So are tens of thousands of others here who failed to pay their property taxes. In a city that desperately needs to hold onto residents, there is a virtual pipeline out. At least 70,000 foreclosures have taken place since 2009 because of delinquent property taxes. . .”