Lawmakers Lose Their Way Over Affordable Housing

This past week our legislators slashed $190M in affordable housing construction. Just as essential elected officials broke faith with working people, investors and other governments as it violated signed loan commitments previously agreed. Such rash, unthinking action results in the loss of $1B in construction expenditures, a thousand jobs and the risk of bankruptcy to charitable and for-profit firms alike.

Read the article Editorial:  Lawmakers Lose Their Way Over Affordable Housing

Share

Similar Posts

  • Seeds of Change 

    The challenges of site acquisition, land use, and competitive financing are no different in communities targeting agricultural workers than in other affordable rental communities, said Kirk. “The added complexity in serving farmworkers is to understand agricultural markets and wages, and to layer sufficient subsidies to reach affordability.” Read the article Seeds of Change

  • Stimulus Saves Farmworker Deal

    Without the stimulus funding, the project “would have died on the vine,” says Kevin Tatreau, director of multifamily development for Florida Housing Finance Corporation.  “Stimulus allowed for less than 60% AMI, says Steven Kirk, President of Rural Neighborhoods. “We try to get as many units set aside for extremely low income so farmworkers can take…

  • Labor Camp Sees Success

    When an unlikely group of farmers, migrant workers and businessmen came together 18 months ago to run Everglades Labor Camp, they never dreamed they would meet with the success they have. Dade County turned management of the 420-trailer camp over to the nonprofit Everglades Community Association in December 1982. Read the article Labor Camp Sees…