Mandate Developer Contributions to Host Communities during 30-Year Tax Abatements

The Issue

Our community is facing a tough challenge. Private development is booming and while this can bring many benefits, we have found ourselves grappling with financial hardship. Our taxes soar, but these developers, enjoying 30-year tax abatements, pay only a fraction of what they should. It's time for a change. We call for a legal requirement that compels all developers to give back to the communities they profit from, specifically during their 30-year tax abatement agreements. Developers often benefit from these tax breaks, saving millions that could have been channeled into community development and services (source: National Housing Institute). We advocate for a system that ensures that communities do not suffer financially during these tax abatements. This requirement will not only promote fair play but also help protect the financial wellbeing of communities like ours. Join us in this fight for fair community development. Sign the petition today, and let's compel all developers to support the communities they build in.

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The Issue

Our community is facing a tough challenge. Private development is booming and while this can bring many benefits, we have found ourselves grappling with financial hardship. Our taxes soar, but these developers, enjoying 30-year tax abatements, pay only a fraction of what they should. It's time for a change. We call for a legal requirement that compels all developers to give back to the communities they profit from, specifically during their 30-year tax abatement agreements. Developers often benefit from these tax breaks, saving millions that could have been channeled into community development and services (source: National Housing Institute). We advocate for a system that ensures that communities do not suffer financially during these tax abatements. This requirement will not only promote fair play but also help protect the financial wellbeing of communities like ours. Join us in this fight for fair community development. Sign the petition today, and let's compel all developers to support the communities they build in.

Petition Updates