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The developer has already purchased the property, designed the structures and submitted them for approval before the MFTE tax exemption is submitted. If the tax break is denied, either the developer shuts down the project, takes the loss and moves on, or the MFTE is unnecessary. If MFTE participation required a certain percentage of units to be child-compatible (3 BR, 2 BA, minimum) then these units eventually could age into the "affordable" category. But MFTE to build studios, 1 and 2 BR housing seems to me just a stench-drenched tax give-away.

From: Public challenges council about tax breaks for housing developers

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