As property taxes increase with soaring property values, a state senator from Columbus plans to introduce legislation that would cap property tax increases at 5% per year statewide.
Carlie Boos, the executive director of the Affordable Housing Alliance of Central Ohio, said fostering homeownership is a key to building wealth.
"Steep tax spikes hinder that," Boos said.
Those consequences affect seniors on fixed incomes and low-income residents in communities of color facing gentrification, she said.
"The time to tackle these challenges is absolutely right now," Boos said.