Tag: Tax Increase Financing

Propose to borrow $1.25B For Housing and Development: Mayor Brandon Johnson

Feb 26, 2024

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by

Jay Tarife

in Finance

Mayor Johnson planning to let the District City’s tax increase financing by using the money to pay the charges. Mayor Johnson Announcing a Plan for Funds for Housing and Development During Wednesday’s City Council meeting, Mayor Brandon Johnson announced his plan to borrow $1.25B to supply the Housing and Development projects. In a radical…