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Bracy presents new affordable housing plan as rents sky-rocket

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State Sen. Randolph Bracy laid out a plan Tuesday aimed at addressing sky-rocketing housing costs in central Florida. 

The plan comes as Orange County commissioners are considering adding a measure to the November ballot that would limit rent increases. 

Bracy’s plan includes a tax for out-of-state buyers, including investors who are purchasing multiple properties and renting them at higher rates. 

Bracy, a Democrat, also wants  incentives for alternative housing like smaller units. Developers would get tax breaks for adding affordable units. Bracy says the region faces explosive growth. 

“We have to account for that growth, and we have to plan for how we move forward. How we help renters as well as developers in this economy so that people can continue to live.” 

Bracy says he intends to present his idea at the next county commission meeting. Bracy is running for Congress in District 10. 

State Sen. Linda Stewart, a Democrat, says the action is needed.  

“Many of these programs have been discussed, not implemented. And I think that’s where we’re finding a real problem.” 

Amy Green covers the environment and climate change at WMFE News. She is an award-winning journalist and author whose extensive reporting on the Everglades is featured in the book MOVING WATER, published by Johns Hopkins University Press, and podcast DRAINED, available wherever you get your podcasts. Amy’s work has been heard on NPR and seen in PEOPLE, Newsweek, The New York Times, The Christian Science Monitor, among many other publications. She began her career at The Associated Press in Nashville, Tenn. Amy grew up in Florida and lives in Orlando with her 7-year-old daughter.