Neighborhood Vision 2025
Reduce Housing Stress
Stable, affordable housing is a key social determinant of health. MidTown must continue to be a home for residents and families of all backgrounds. Addressing long term affordability and displacement issues will require a multi-faceted approach to expand paths to purchase and homeownership. Financing, programming, and assistance are needed to reduce the stress often felt by local families in trying to maintain their homes or remain in the community as real estate prices fluctuate.
Reduce Housing Stress
Action
Pursue Citywide Reform of Property Tax System to Protect Longtime Residents
Lobby for a citywide change including increasing homestead exemption, targeting a limit on property tax increases for long time owners by a limited percentage per year, reset property tax upon sale, etc.
Near-Term Actions
Connect with the City of Cleveland to understand status of ongoing Tax Reform Discussions;
Type of Action
Outreach & Coordination
Looking For
Developers
11E
