DAVID A. SALVATORE, a Providence city councilman, has proposed the city dedicate a funding stream through real estate transaction fees for affordable housing. / COURTESY CITY OF PROVIDENCE
PROVIDENCE – City Councilman David A. Salvatore on Thursday introduced a proposal that would dedicate half of the city’s real estate conveyance tax to affordable-housing creation. The resolution requests that the city reserve half of its existing tax on real estate transfers for the needs of families who are having difficulty accessing affordable homes. The…