Sandy Johnston
I think it's very likely that the mayor is correct here and the Council's IZ plan is far too aggressive for Albany's situation.
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RT @therealjsolo
Searching for answers to the housing crisis, Albany Common Council members want to ensure more units when built would be earmarked as affordable. The mayor said she would veto, pointing to concerns that’ll push development away to neighboring communities.
https://www.timesunion.com/news/…
https://twitter.com/therealjsolo/status/1632414591870222339
Mar 5, 2023 at 4:19pmMoa
Show threadSandy JohnstonMar 5, 2023
Applying big city solutions to places with very different demand profiles is bad! And the thing about denying development in a place that needs investment is that it accelerates the opposite kind of displacement, displacement through neglect and disinvestment.
Show threadSandy JohnstonMar 5, 2023
What there is demand for is public action far bolder than any IZ plan. A basically symbolic # of IZ units aren't going to make a difference to many in a city where many renters can't afford for their rent to go from $500 to $800. It's just a different world from bigger places.
Show threadstephen judkinsMar 5, 2023
@sandypsj [whispers] I kind of suspect any IZ % over like 2% is probably too high