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Housing funds Public Comment from Donna StoneAimee Brunckhorst From: Donna Stone <stonedb1 @hotmail.com> Sent: Monday, September 19, 2022 4:19 PM To: Kalispell Meetings Public Comment Subject: EXTERNAL Housing funds Dear Mayor and Kalispell City Council, As proposed we can not support your ,,,,,,,,,,,,,,,,, d.i.i ,,, ,,;;,im,,,,,,,,,,,,,,,,,,,,,,,�............, ,, ,i„i�,, ,,,,,, ,,,,,,,,,,,,,,,,,, , ,,,,,,,,,,,, ;,,,,,, ,r,,,3,,,,,,,,,,,,, ,,,,,,i, ,,, s....... ,,,,,, °' , ,,,,,,,,,,,Illf;;;;IIII;II,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,im,,,,,We are oppose because t is tax oar funding as propose would be set aside for workforce housing: • Providing only short term workforce housing. After a mere 10 years the developer/building owner could convert to full market rate -- Kalispell needs to invest scarce tax revenue in long-term housing solutions; • Restricted for only workers earning the highest salaries even eligible for subsidized housing (aQ..O ... p..........12 .......r."..ea......I ..e. '.!ia.]...........I.].c p.! .e".......p..r. ......... .Im. I) --city documents provided for this hearing do not provide the factual basis to show that this is income level that will address workforce housing needs of businesses in downtown Kalispell. We support comments on this issue submitted for this hearing by p u li y Action Il��artners who confirm this is an issue the city needs to slow down and address; Clliiclk Il llere to read • Without clear assurances that the city would have safeguards in place to require that TIF dollars are only used on a pay -as -you go basis and not to put the city in the position of potentially bonding to help finance a risky housing project. t pr e s re resenting the Il listoric .. II„i% Ip „IIII Il llp „II in heir" p �� to the city on development of a new parking garage with housing in Kalispell have raised questions that deserve answers before the city considers using TIF dollars for housing. Thank you for considering our comments and making them part of your hearing record. Citizens for a Better Flathead