HomeMy WebLinkAbout01-28-25 Public Comment - M. Mason - Public Comment for 1_28 Housing OrdinaceFrom:Maddy Mason
To:Bozeman Public Comment
Cc:David Fine
Subject:[EXTERNAL]Public Comment for 1/28 Housing Ordinace
Date:Monday, January 20, 2025 8:55:31 AM
Attachments:Outlook-a5hvlse2.png
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you
recognize the sender and know the content is safe.
Good morning,
As a developer of Low-Income Housing Tax Credit and affordable multifamily housing in states
across the Rocky Mountain West, I appreciate the opportunity to voice support for the type of
incentives and ordinances proposed in the Affordable Housing Ordinance. The incentives
outlined in Type C allow LIHTC projects to achieve the required density to make affordable
housing feasible due to the funding and rental income restraints that allow the completed
properties to truly be and remain affordable for decades to come. Throughout the portfolio of
our affordable developments across the Rocky Mountain West, we have consistently seen that
vehicle ownership rates in populations that utilize affordable housing developments are often
50% or less of typical market rate consumers. By removing the costs of unnecessary parking,
developments are therefore able to support the viability of long-term affordability to residents
through reduced rental rates.
Thank you for your consideration and support of needed, affordable housing in this
community.
Sincerely,
Maddy Mason
Development Manager
BlueLine Development, Inc.
1004 South Avenue West
Missoula, MT 59801
P: 612-741-9396
www.BlueLineDevelopment.com