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CORRESPONDENCE - 60A
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CORRESPONDENCE - 60A
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City Clerk
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5/5/2020
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Page 2 <br />The apartment industry can play a valuable role in the future effort to create measures <br />that support the interconnectivity between housing and infrastructure that promote <br />housing development at all income levels. Incentivizing localities to reduce barriers <br />and adopt policies to encourage private sector investment in housing will attract <br />investment to new and vitally needed projects. The arbitrary reduction of future rental <br />income will only stifle the addition of new housing and apartments and will create <br />decay and neglect. <br />Please support affordable and practical efficiency incentives that enable developers to <br />invest in engineering, construction and development of highly performing multifamily <br />homes. Please do not impose a continued rent freeze on rental property. This will <br />only have a negative effect on investment. <br />Our businesses have operated in the City of Santa Ana for over 30 years. We support <br />many charitable organizations such as Bowers Museum, Wiseplace, Kidsworks, The <br />Boys and Girls Clubs, etc. Our ability to participate is directly related to our financial <br />well-being. <br />The enormity of the challenges we are all facing on a daily basis is mind -boggling. <br />We need to commit to ensuring that the millions of Americans who live in apartments <br />have a safe, secure place to call home. <br />Sincerely, <br />HARRIS TAYLOR MANAGEMENT, INC. <br />Harriet Harris <br />President <br />'L3 <br />
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