Downtown Kansas City lofts get low income hosing money as subsidies still sponsor speculation during real estate slump
Downtown Kansas City lofts get low income hosing money as subsidies still sponsor speculation during real estate slump
The Missouri Housing Development Commission approved $1.7 million in state and federal low-income housing tax credits, along with $10 million of tax-exempt bonds and a $700,000 federal block grant from the HOME Investment Partnership Program for the 10th Street Lofts, containing 100 units on 10th Street between Cherry and Locust streets.
Either there or the Westside
ReplyDeleteYep, and it's for this very reason I'm moving out of downtown. Fucking section 8 bullshit.
ReplyDeleteNow that my apartment is section 8, the place has gone to fucking shit. Nothing but drug deals, wild drunken fights and blow jobs on the streets, and wicked thefts.
Thank you housing authority, for ruining another nice apartment area with low income bullshit.
There's a difference between income restrictions and section 8 housing. That being said, I have lived in and near places that used both methods of financing, and you can't just have all of one or the other. There must be a mixture of economic levels in order for a neighborhood or district to operate effectively.
ReplyDeleteI live in Cold Storage lofts near the City Market. I pay full price for a pretty nice apartment, but unfortunately the assholes who pay half of what I pay are tearing up the building and letting their dogs shit inside the halls and stairwells. I will never live in another building with this affordable housing crap again. It drives me insane that I am paying so much to let other people destroy my building
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