Bay Area Apartment Association’s Post

Adding costs to affordable housing will only discourage it, but the one silver lining in Tampa’s ordinance is that these new fees are waived if a third-party compliance report is used. The ball is now in the City’s court to craft the guidelines that allow existing compliance reports to be accepted. If these rules are too stringent, affordable housing providers will likely face duplication of compliance work and multiplication of costs. Find out more ⬇📺 https://lnkd.in/eBPn3Mpq Thank you to Fadia Mayté Patterson, M.S. and Bay News 9 for highlighting this issue! #Multifamily #AffordableHousing #TampaBay

Tampa to implement new affordable housing compliance fee

Tampa to implement new affordable housing compliance fee

baynews9.com

Kelle Senyé, CPM®, ARM®

Collaborating to bring more affordable housing to our community.

3mo

States and municipalities need to be doing more to make affordable housing development feasible and attainable. Adding fees is the wrong direction. It's hard enough to make the deals pencil.

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