An Oceanside City Councilman is proposing a tax credit for companies who hire Oceanside residents and pay them at least $60,000 a year.

Councilman Christopher Rodriguez says he wants to reward Oceanside businesses who hire locally.

The proposal, which the City Council will initially discuss Wednesday, would pay Oceanside companies $2,500 for each new hire who lives in Oceanside and is paid that minimum salary.

“It’s a big problem, housing affordability in North County,” Rodriguez said. “North County, Coastal Oceanside, we’re up and coming. It’s more expensive to live here for sure.”

Rodriguez said his proposal is a starting point and that he is willing to move on the numbers based on council feedback. If there is support, city staff could analyze the

Read More At Article Source | Article Attribution