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Schools OK tax incentives now to reap cash later

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John Dougall | 12:26 a.m. Oct. 2, 2007
If a project makes sense, then developers will do it. There is no need for taxpayers to subsidize the projects. School districts do not need to participate in these projects. The education community complained that they were forced to participate in these RDA projects. The law was changed to get them out, but now they go rushing right back in.
Utah Man | 8:40 a.m. Oct. 2, 2007
Utah law should be changed so that school districts that lie in one City like Provo and Murray can choose to have the City Council act as the school board and hire and fire school administrators and set policy for city schools. Thay way, City Council members, who are closest to the electorate, could really affect the quality of education in their communities.
lifer | 10:36 a.m. Oct. 2, 2007
John Dougall,

I generally agree with your comment.

However, when it comes to developing safe and affordable housing for singles and families earning considerably less than the area mean income, tax credits are crucial to putting together deals.

By definition, you cannot expect people who are seniors, have severe disabilities or are among the working poor to pay market level rents for a modest but nice apartment.

Through tax credits, other imaginative financing tools and hard work, these projects can be built. And if built right, they can be a huge boon to a neighborhood on the edge of going downhill.

The Jefferson School projects on West Temple (between downtown and the baseball stadium), built in large part by the SLC Housing Authority, is a great example. As part of the tax credit deal, it includes units that must be affordable for renters who earn much less than average. It also includes many market-level-rent units. This way, it provides affordable housing, pays its own way once built and occupied, and stableizes the neighborhood.

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