The realty transfer tax increase would raise $9 million a year to create an affordable housing trust fund. The city is short about 17,000 homes affordable enough for the working poor.
More than 50 witnesses testified to members of the council Wednesday on the creation of a Housing Opportunity Fund. The legislation would set aside millions each year for affordable housing.
The Apartment Association of Metropolitan Pittsburgh is badly mistaken in describing city council’s actions to support livable, affordable housing as a “declaration of war” (“Council, Landlord Group at Odds,” Dec. 16).