Marion County is suffering from a severe shortage of affordable housing and the inventory is not expected to increase anytime soon. The most popular financing option to help build affordable housing projects is so limited that only a small fraction of the developments get built.
If homes don't have a high enough price tag, a municipality could end up losing money. That’s because, under the state’s property tax caps, lower assessed values might not generate enough tax to cover the cost of city services.
Hamilton Southeastern Schools and Noblesville Schools are proposing tax-raising referendums on the ballots next week. There's concern that hotly contested primary races will bring naysayers to the polls.