N - City of Santa Cruz Empty Home Tax Initiative Measure

Shall the City of Santa Cruz establish an “Empty Home Tax” on residences that are in use less than 120 days per calendar year in the amount of $6,000 per single-family residence, $6,000 per parcel with six or fewer units, and $3,000 per year on condominiums and residential units with seven or more units, with revenue allocated toward affordable housing projects, 15% for administration, and 5% for homeless sanitation services, with administration overseen by a community oversight committee?



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