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HomeMy WebLinkAbout03-23-21 Public Comment - K. Silvestri - Affordable Housing Mill LevyFrom:agenda@bozeman.net To:Agenda Subject:Thank you for your public comment. Date:Tuesday, March 23, 2021 8:05:29 AM A new entry to a form/survey has been submitted. Form Name:Public Comment Form Date & Time:03/23/2021 8:04 AM Response #:931 Submitter ID:36283 IP address:69.144.37.187 Time to complete:0 min. , 48 sec. Survey Details Page 1 Public comment may be submitted via the form below, or by any of the following options. Public comment may also be given at any public meeting. Email: agenda@bozeman.net Mail to: Attn: City Commission PO Box 1230 Bozeman, MT 59771 First Name Ken Last Name Silvestri Email Address kenneth.silvestri.bzn@gmail.com Phone Number Not answered Comments Dear City Commission, I read in the Bozeman Daily Chronicle that the City Commission is considering a Mill Levy to pay for affordable housing. While I do agree affordable housing is a crisis in Bozeman, I don't think all homeowners should have to pay for this Mill Levy. As it is, I pay over half my income in a mortgage payment and an additional $220 per month in associated HOA fees. I work at Montana State University and the meager salaries and 2% pay raises there don't even come close to keeping up with inflation and the cost of living. I would suggest that the Mill Levy be targeted at second homeowners or investment properties and exempt homeowners who pay over the 30% of their income towards housing. This would also have the affect of discouraging those out of state and wealthy people from buying second homes and investment properties here, helping to prevent those already living in the area to not have to compete with outside wealth to live here. Even a modest increase in property taxes has a major impact on those of us already living on a thinner financial margin in Bozeman due to the high housing costs, including elderly people. Thank you for considering my opinion, experience, and ideas. Respectfully, Ken Silvestri If you would like to submit additional documents (.pdf, .doc, .docx, .xls, .xlsx, .gif, .jpg, .png, .rtf, .txt) along with your comment, you may alternately address agenda@bozeman.net directly to ensure receipt of all information. Thank you, City Of Bozeman This is an automated message generated by the Vision Content Management Systemâ„¢. Please do not reply directly to this email.