SANTA CRUZ – Community members in Santa Cruz are working to introduce an empty homes tax to voters in 2022.
The tax aims to create a way to increase the amount of affordable housing available in Santa Cruz. It will do so by using tax revenue to build a fund dedicated to the development of affordable housing within the city.
The community group, Yes on the Empty Home Tax, expects the proposed tax to raise millions of dollars each year for the city’s affordable housing budget, according to Cyndi Dawson, a campaign volunteer.
Parcels with six or less units will pay a $6,000 fee if all units on the parcel are empty. If a parcel has seven or more units, then each empty unit is taxed separately at $3,000 per empty unit.
As the city of Santa Cruz deals with continued issues of both housing affordability and limited housing stock, some locals believe they’ve found an answer: taxing homeowners whose properties are “in use” less than 120 days per year. Read the full article…
As a community-rooted campaign, your perspective and vision are vital drivers of the Empty Home Tax. We’ve created this community survey as a way to receive your wisdom and let it lead the way for the campaign. We’d be honored if you take a few moments to share your thoughts and guide this important work.
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