How can the Community Housing Fund be created?

The creation of this Fund would be enacted by a local law following the voters’ approval in a Town-wide mandatory referendum that will appear on the November 8th 2022 ballot.

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1. What is the Peconic Bay Region Community Housing Act?
2. How would the Community Housing Fund be financed?
3. How can the money be used to create Community Housing?
4. What is Community Housing?
5. Who would be eligible to purchase Community Housing?
6. Are there exemptions from paying the real estate transfer fee?
7. How can financial assistance be provided to first-time homebuyers?
8. Who decides what the Fund is used for?
9. How would the Community Housing be kept affordable?
10. How can the Community Housing Fund be created?
11. Real estate transfer fee amounts existing vs. proposed