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.
This conversation was recorded December 5th, 2024 at The American Hotel in Sag Harbor, NY.
Find more Express Sessions here: https://www.27east.com/express-sessions/