New Orleans City Council proposes Proposition 1 to allocate 2% of city revenue to affordable housing initiatives.

The New Orleans City Council is proposing Proposition 1 for the November 5th ballot, which would allocate 2% of the city's annual general revenues to affordable housing initiatives. This amendment aims to permanently address the housing shortage for low- and moderate-income residents. If approved, changes would require a referendum or unanimous council vote during emergencies. Critics express concern over potential budget flexibility limitations.

October 21, 2024
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