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About The nugget. (Sisters, Or.) 1994-current | View Entire Issue (Dec. 13, 2017)
14 Wednesday, December 13, 2017 The Nugget Newspaper, Sisters, Oregon Tax change could chill affordable housing By Gillian Flaccus Associated Press PHOTO BY STEPHANIE CONNOR Sisters Dance Academy dancers will show their stuff in the December 15 Holiday Showcase. DANCERS: Two showcases set for this weekend Continued from page 3 Food Place, or at the door, $10 for teens and adults, $5 for kids 12 and under. The fall session has been in full swing, and with 150 dancers training in styles including ballet, contempo- rary, jazz, tap and hip hop, the dance academy in Sisters is thriving. The Performance Ensemble is the Sisters Dance Academy dance team. This group of 25 dancers ranges in ages 11 to 17; each had to audition to be a part of this elite group. These dancers train anywhere from four to 10 hours per week in various styles with the com- mon goal to perform for their community and to share their talent and love for dance with others. In October, the Performance Ensemble per- formed at one of the Sisters High School varsity football games, getting the crowd going with two fun and upbeat dances. In November, the ensem- ble performed at the Tower Theatre in the Central Oregon Dance Showcase, an annual event representing all of the dance studios, com- panies and ensembles in the area. I n D e c e m b e r, t h e Performance Ensemble was invited to dance at the Festival of Trees at the Deschutes County Fairgrounds in Redmond. Not only did the dancers have a wonderful experi- ence performing at this magical event, but they also got to enjoy the beautifully decorated trees and the free refreshments and fun activi- ties which included a visit with Santa. The funds raised at the Festival of Trees helps make it possible to provide services to terminally ill people and their families not covered by Medicare or pri- vate insurance. The dance academy will begin its winter/spring ses- sion the week of January 8. Classes are free for new students to try. For more information contact Lonnie Liddell at office@ sistersdanceacademy.com. PORTLAND (AP) — Municipal governments worry the tax overhaul in Washington, D.C. could chill the construction of afford- able housing as homelessness reaches a crisis point on the West Coast. Officials with the housing authority in Portland, Oregon, said Tuesday the U.S. could lose nearly 1 million units of affordable housing over 10 years if the final bill elimi- nates the tax-exempt status for a type of bond commonly used by developers to finance affordable housing. That estimate comes from a recent analysis by Novogradac & Co., a San Francisco-based accounting firm that specializes in real estate and affordable housing issues. While the tax bill is not finalized, developers are now racing to lock in financing and the uncertainty over the bonds has raised upfront costs for some projects, affect- ing projects from Oregon NuggetNews.com is your online source for Breaking News Classifieds | Weather Road Reports to Massachusetts to Illinois to Minnesota. The concern comes at a time when home- lessness is soaring on the West Coast amid an acute shortage of affordable housing. Cities, including Portland, are rush- ing to get projects in the pipe- line to address the crisis. “It’s a little bit of chaos because there’s so much to unpack in the implications of this and folks are scram- bling,” Michael Buonocore, executive director of Portland’s housing author- ity, said in a phone interview. “This is straightforward math and it is not just funding for public housing that is purely funneled through the govern- ment. The low-income tax credit fuels ... private industry and lenders too, so it’s across the spectrum.” More than half of afford- able housing projects nation- wide rely on a 4 percent tax credit that can only be claimed by a developer if at least half of the construction is financed by private activity bonds. The bonds are awarded by states, with the help of local govern- ments, for qualifying projects. Sisters Dance Academy need All you is Love ACTIVE RELEASE Holiday Dance Recital Sat., Dec. 16, 6:30 PM Sisters High School Auditorium Adults/teens $10 • Children 12 & under $5 Reserved seat tickets on sale at the studio or at door For pain & injuries that won’t resolve. Three Sisters Chiropractic & Pain Management Dr. Inice Gough, DC, CCT, CCST 541.549.3583 $50 OFF Cut & Color or 1/2 OFF Haircut BREWER SAYS... LAST DAY TO SHIP UPS... Ground: Wednesday 12/13 3-day: Tuesday 12/19 2-day: Wednesday 12/20 Overnight: Thursday 12/21 LAST DAY TO SHIP FEDEX... Ground: Wednesday 12/13 3-day: Monday 12/18 2-day: Wednesday 12/20 Overnight: Thursday 12/21 with Morgan Perske, new stylist from Aveda in Portland. Hurry! Book now to look your best for the holidays! This is a 45-minute class, geared to the Core/Ab & Back, Glutes/Legs, Arms/ Chest, and is presented on The Mat! Shannon Ra Rackowski, a ckow ck k ow sk ski k i, i , c certifi e ti er tifi fi ed d F Fitness i t ne itne it ness ss S Specialist, p ci i al pe ali l is i s t, ist t , P Personal erso er sona so nall Tr na Trainer, and A Aerobics bi I Instructor b brings i over 30 years of f experience i to h her classes. l Be prepared to use weights, bands, dowels and more. Ongoing Mon. 11:15 am-12 pm • Wed. 10-10:45 a.m. At SPRD • $40/8 classes • $6 drop-in per class View SPRD activities & classes, and register online at www.SistersRecreation.com 1750 W. Mckinney Butte Rd. | 541-549-2091 SNO CAP hair | massage | nails ails | fa facials | makeup 541-549-1784 Mon.-Fri., 9-5, Sat., 9-1 • 160 S. Oak St., Sisters • 541-549-1538 Mat Workout nal Additio rts a t class s n. 8 a M on., J 161-C N. Elm St. MINI STORAGE Sisters Industrial Park 157 Sisters Park Dr. • 541-549-3575 www.SistersStorage.com • State-of-the-art Security Technology • Sizes from 5x5 to 12x40 • Individual Gate Codes • Long-term Discounts • On-site Manager
