Saturday, Feb 20, 10:00 am – 12:00 noon
Livable Raleigh will host a Community Conversation over Zoom.
Tax-increment grants to developers have never been approved in Raleigh or Wake County. But developer John Kane is asking for a giant TIG for his Downtown South project, with the backing of Raleigh Mayor Mary-Ann Baldwin and Wake County Commissioner Sig Hutchinson.
We estimate that Kane’s TIG would cost the taxpayers of Raleigh and Wake County at least $450 million over the next 30 years. And if Kane gets a TIG, won’t every developer with political connections want a TIG too?
Livable Raleigh members Yevonne Brannon and Bob Geary will dive into what TIGs are and what they’re not with experts including:
- Vickie Adamson, Vice Chair, Wake County Commission
- Alexandra Sirota, Director, Budget & Tax Center, North Carolina Justice Center
- Kristin Beller, President Wake NCAE
- Wanda Hunter, SE Raleigh Community Leader & Member: Wake Housing Justice Coalition
There is no charge for this event. Hope to see you there!