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Matt J

SWGB
May 9, 2007
24,862
9,670
It's not so much a fix as a gift to developers to avoid property taxes.


There's no provision in the bill for the lower prices units to stay, nor does it require those units to transfer in a sale.

A local example would be Terra Mar which was approved with affordable units. It sold one year after completion and those units don't exist anymore.
 
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