Daily Briefing: Funding idea uses growth to pay for affordable housing in Sarasota

It's a simple idea: use part of the property tax from new development as a revenue stream for Sarasota's affordable housing trust fund. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ Advertisement [eNewspaper]( | [Crosswords]( | [Horoscopes]( [Read in browser]( The Daily Briefing YOUR MORNING NEWS ROUNDUP Mon Apr 22 2024 [Funding idea uses growth to pay for affordable housing in Sarasota]( [The Sarasota Housing Authority is nearing completion on Cypress Square, a three-building, an affordable housing project consisting of 84 units and a clubhouse in the 1600 block of 21st in Sarasota.]( It's a simple idea: use part of the property tax from new development as a revenue stream for Sarasota's affordable housing trust fund. [READ MORE]( [A scene from Florida Studio Theatre’s 2013 production of “The World Goes ’Round,” featuring the songs of John Kander and Fred Ebb. The musical returns in a new production for FST’s summer mainstage series.]( [A lighter touch: FST celebrates musical hits and new plays in summer]( FST touches on politics and romance in new plays, plus hit songwriters and singers in summer mainstage and cabaret shows [READ MORE]( [The Sarasota Square mall at U.S. 41 and Beneva Road was purchased for $19 million last fall by Torburn Partners of Northbrook, Illinois, Sarasota County records show.]( [Potential demolition of Sarasota Square Mall moves forward]( Costco, JCPenney and AMC Theaters will remain amid the changes. [READ MORE]( [Downtown Sarasota restaurant Bijou Garden Cafe, serving dishes such as rack of lamb, will temporarily close for renovations.]( [Downtown Sarasota restaurant to temporarily close for renovations]( Open for decades, the restaurant was sold in recent years to new owners, who also own another well-known downtown Sarasota restaurant. [READ MORE]( [James Hoel, president of the America First Southwest Florida Caucus, speaks at the club’s April 10 meeting at the Venice Community Center.]( [Sarasota Republican club sues America First group for 'civil theft']( The America First SWFL Caucus is being sued by the Republican Club of South Sarasota County. [READ MORE]( Advertisement TRENDING STORIES 1 [Allman Brothers singer, guitarist Dickey Betts dies at Sarasota home]( Dickey Betts, who wrote and sang the Allman Brothers Band's No. 1 hit "Ramblin' Man," died at his home in south ... [READ MORE]( 2 [Celebrity chef's first Sarasota area restaurant to open next month]( The celebrity chef plans to make his Sarasota-Manatee debut with a modern Italian kitchen and steakhouse opening in ... [READ MORE]( 3 [One of Sarasota's most exciting restaurant openings set for this month]( The highly anticipated new Sarasota restaurant is hosting a grand opening with complimentary appetizers, pizza, and ... [READ MORE]( 4 [New downtown Sarasota bar, restaurant to be a 'place like none other']( An upscale new bar, restaurant, and piano lounge — boasting a $4 million price tag — is expected to open later this ... [READ MORE]( 5 [Does Richard Corcoran really deserve $1 million to lead New College?]( New College President Richard Corcoran received a $200,000 bonus at his annual evaluation. The bonus brings his ... [READ MORE]( Advertisement Vote with Confidence This 7-day newsletter course will help you be an informed voter before Nov. 5. [SIGN UP NOW]( SUBSCRIBE TODAY Our Reporting. Your Stories. Full access to subscriber-only content on all devices. Share bonus subscription with a family member or friend. The universal eNewspaper, the digital version of our print paper, plus bonus monthly magazines and hundreds of local papers. Original reporting of our hometown teams, from high school sports to the pros. [Unlock news for $1]( [SUBSCRIBE TODAY]( [Newsletters]( | [eNewspaper]( | [Crosswords]( Follow Us Problem viewing email? [View in browser]( [Unsubscribe]( • [Manage Newsletters]( • [Terms of Service]( • [Privacy Policy/Your California Privacy Rights]( • [Privacy Notice]( • [Do Not Sell My Info/Cookie Policy]( • [Feedback](