Saunders' initiative badly needed to retain Keys
workers
One of the many
problems that Monroe County encounters in trying to retain
working families is establishing a reasonable rent so they can
afford to live here.
Currently,
private property owners can obtain building permits to construct
work-force housing, provided they agree to certain deed
restrictions. Some property owners are reluctant to agree to the
terms because they may reduce the value of the property.
To add to the
challenge, property taxes for rental properties are higher than
those of owner-occupied homes, which are protected by a 3
percent cap on increases in appraised value each year under the
state Save Our Homes Act.
Save Our Homes
has been a tremendous help in keeping taxes down for full-time
resident homeowners. But the result is that owners of commercial
properties and rental properties have taken up the slack when
government budgets swelled.
While on the
campaign trail, newly elected state Rep. Ron Saunders outlined
his intention to ease the tax burden for landlords, as an
enticement to offer affordable monthly rental rates. Saunders is
making good on that promise, announcing that he plans to propose
a bill in next year's session of the Florida Legislature that
will give a break to landlords of affordable rentals.
We commend
Saunders for hitting the ground running with this issue. As
Sanders is well aware, if we do not control the affordable rents
in Monroe County and increase the number of affordable homes
available, we will suffer the loss of workers at every level.
Hopefully,
this is just the beginning of Saunders' impact on a monumental
problem for which Monroe County needs help from Tallahassee.
— The Citizen |