The Workforce Housing Solutions Act
Workforce Housing Solutions Act aims to increase the supply of workforce housing in the City of Santa Cruz.
About the Act
The Workforce Housing Solutions Act will raise approximately $5 million annually in the City of Santa Cruz to increase the supply of workforce housing.
Key highlights:
Community investment to construct new homes for lower-income workers, especially downtown and in transit-rich areas in the City of Santa Cruz.
Funding to prevent evictions, preserve senior housing, and to establish housing-focused shelters.
Innovative hybrid revenue measure that includes a modest parcel tax and a larger real estate transfer tax for high-end real estate transactions
Greater access to state and federal workforce housing and supportive housing funds.
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