Cincinnati Action News Today

Cincinnati voters have decided whether or not to increase taxes to fund affordable housing.

Issue 24 specifically asked voters whether or not they would like to amend the city charter to raise earned income tax from 1.8% to 2.1% to benefit affordable housing.

Issue 24 aims to benefit affordable housing in Cincinnati, but not everyone agrees with the tax component coupled with it.

The tax hike is expected to generate $35 million to $50 million a year.

CityBeat's guide to the Nov. 7 election.

Issue 24's proposed tax increase would generate between $40 million and $50 million in funds that would help finance affordable housing in Cincinnati.

Short-sighted tax cuts continue to make their way to Governors’ desks this week. In Florida, Gov. DeSantis signed a $1.3 billion tax cut package with $550 million of the tax cuts from sales tax holidays, alone. The Nebraska legislature also sent $6.4 billion in tax cuts to Gov. Pillen’s desk which includes an enormous personal income tax cut that will reduce taxes on the top 1 percent by tens of thousands of dollars.

Many voiced optimism while others are taking more of a wait-and-see approach.

Proponents of Issue 3, the defeated charter amendment that would have allocated $50 million to affordable housing in Cincinnati, still think they’re in a good spot. In a long-term battle for housing equity, raising awareness is its own victory

View Comments Less than a week from Election Day, proponents and opponents of Issue 3 squared off in an Enquirer debate, pleading their case to voters. The two sides went back and forth for about an hour on Thursday about the proposed charter amendment that would require the city to devote at least $50 million a year toward affordable housing. On the pro- Issue 3 side were Mona Jenkins, director of development and operations for the Greater Cincinnati Homeless Coalition; the Rev. Nelson Pier...