Many longtime residents need help adding income-generating housing units to avoid displacement by rising taxes and living costs.
Resolution includes access to capital, simplified process for adding units, and expanded educational assistance for low- and middle-income homeowners.
City Council focused on reducing building costs, providing lending institutions, tax rebates, low-interest loans, and down payment assistance.
Interdepartmental task force to simplify property unit additions and reduce construction costs, building on previous HOME policy changes.
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