Wednesday, July 25, 2007

Worker Housing Idea

SB Independent

The idea of building new homes that could be sold in perpetuity only to Goleta workers was raised at the 12th Annual Goleta Economic Forecast as an alternative to more traditional affordable housing schemes, which provide housing at below-market rates to low to moderate income buyers. Goleta Valley Chamber of Commerce CEO Kristen Amyx said the scheme's legality has yet to be explored, and a developer found who is willing to try it out, but she praised its simplicity as a potential solution to the workforce housing shortage.

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