Among Rochester's major challenges is promoting more affordable housing for current residents and the thousands of new workers expected to come here as Mayo's Destination Medical Center initiative grows.
The Olmsted County Board is considering a Housing and Redevelopment Authority levy, which would impose a property tax of up to 0.0185 percent to raise money to assist in developing affordable housing. A tax at that level would raise about $2 million per year and would cost about $12 a year for the owner of a home valued at about $200,000.
Several other counties in the area already levy such a tax, and it would be the first time that Olmsted County has levied it.
Do you agree that it's tough to find affordable house in the Rochester area and that it's a "crisis" for many families? Is a tax levy a good idea to help promote development of new housing options?
That's the issue on the table at the next Post-Bulletin Dialogue, beginning at 6:30 p.m. Monday at the Rochester Public Library. Joining me for an informal, hour-long conversation about the issue will be county officials, including Community Services Director Paul Fleissner, HRA Director Cheryl Jacobson, President JoAnn Stormer of the Rochester Area Foundation and others.
P-B Dialogues are monthly Q & A sessions with newsmakers about issues in the news. They're held in Judith Taylor Auditorium at the public library.
Join us for coffee, snacks and good conversation.