Support A2’s Proposal C to Fund Affordable Housing
JOIN US: TOWN HALL on Prop C
Thursday, October 15 ~ 6-7:30pm
Registration Required: https://bit.ly/36iZzea
ICPJ joined the Partners for Affordable Housing and we strongly advocate for passing Proposal C on November’s ballot — the millage would support construction, rehab, maintenance, and acquisition of affordable housing units, and provide funding for related supportive services, for the lowest-income households in Ann Arbor – those earning between 0-60 percent of the Area Median Income (AMI).
- At 1-mill for 20-years, approximately $6.5 million would be raised per year for a period of 20 years.
- It would support the development of approximately 1,500 units of affordable housing, housing up to 3700 people.
- For every $250,000 in market value and $125,000 in taxable value, the millage proposal would increase taxes for homeowners by $125 per year.