A new half percent tax on real estate purchases in Southampton and East Hampton towns went into effect on April 1, 2023, to raise revenue for affordable housing initiatives. Since then, each town has accumulated millions of dollars to combat the region’s housing crisis. At this Express Sessions discussion, a panel of elected officials and housing advocates assessed how successful the Community Housing Fund has been at tackling a seemingly insurmountable task and discuss the promise the fund holds for the future. In this Sessions Report podcast, Express New Group Publisher Gavin Menu, Executive Editor Joseph Shaw and Managing Editor Bill Sutton share the main takeaways from the discussion.
Subscribes to The Sessions Report on Apple Podcasts.