Tuesday, December 08, 2020

Forcing Kansas City Corporate Welfare Living Space To Offer 'Affordable' Housing

This developer crackdown might actually "inspire" a few fancy builders to get off the dole and stop using taxpayer cash for real estate speculation. 

Mayor Q claims . . . 

"Kansas City has for too long lacked commitment to ensuring truly affordable housing be part of any incentivized project and that landlords not be able to discriminate based on tenants’ sources of payment."

More info here for subscribers . . .

Ordinance calls for 20% of KC apartment units to be affordable to receive incentives - Kansas City Business Journal

Multifamily developers seeking tax incentives to build in Kansas City soon could have their projects subject to required minimum percentages for affordable housing units. A new ordinance filed Thursday by Mayor Quinton Lucas and Councilwoman Melissa Robinson would mandate that developers set aside at least 20% of total units as affordable, for "primarily" residential projects with 10 or more units, before they can obtain incentives like tax abatements, redirections or bond issuances.

23 comments:

Anonymous said...

20% slums? Great goal!

Anonymous said...

^^Typical Christian or evangelical response.

Anonymous said...

If there's actually a market for apartments, why should ANY "proposals" be considered for "incentives"?
Of course, when KCMO gives away incentives for such projects as luxury hotels and apartments, it's clear that ANYTHING goes.
And the long-term debt of the city just grows and grows.
Fantasyland on the plains.

Anonymous said...

Affordable housing is subsidized by who again? Oh that’s right, the taxpayers that’s who. Here comes another bullshit tax increase.

Get ready for another butt fucking ladies and gentlemen.

Anonymous said...

Where do I be park my Escalade at?

Anonymous said...

ain't happening - there's nothing left over profit wise for the developer/construction co./builder.

Anonymous said...

Hopefully that threat will shut down any and all new residential development in KC. The market is already over-saturated for a city that is dying while its denizens flee for safer environs.

Anonymous said...

Agree with 12:18, BUT if taxpayers subsidize housing for the wealthy, those folks need to share the taxpayer largess and STFU.

Bandit said...

There are only 4 bad times to live in Kansas City: spring, summer, winter and fall. 😏🍿

Anonymous said...

^^and yet you miss it soooo much! Weird.

Anonymous said...

Mayor Quinton Lucas and Councilwoman Melissa Robinson two losers who own nothing but think they have a right to dictate to those that do.

Bandit said...

I don't miss it at all but I do enjoy watching a good, self-inflicted, train wreck. πŸ˜πŸΏπŸ§‚πŸ₯¨πŸΊ

Anonymous said...

^^and yet you miss it terribly as you never go anywhere else. Weird.

Bandit said...

You confuse my amusement with the failure of Kansas City with concern. Dance for me monkeys! This is entertaining as hell!

Anonymous said...

^^and you continue to come back here because you love it so. Weird.

Bandit said...

I just like mocking retards.

Anonymous said...

Way more than 20% of KCMO is a low-rent shitbox, so why is an ordinance needed?

Anonymous said...

"I don't miss it at all but I do enjoy watching a good, self-inflicted, train wreck."

And that would be your life, I presume.

Anonymous said...

"...BUT if taxpayers subsidize housing for the wealthy, those folks need to share the taxpayer largess and STFU."

Ironically, the more "affordable housing" that is mandated, the more expensive the market rate apartments have to be in order to make up the below market losses.

So, if you want the market rate apartments to be affordable for middle class workers, lower the "affordable housing" percentage mandate to some more rational number. Or, keep the mandate at 20% and assure that only the wealthy can afford the rest.

Anonymous said...

Lol. Unions aren't profiting at scale that developers are. We need someone from San Francisco to do homeless explosion right.

Anonymous said...

but why can't the niggs get a job & pay their rent?

Anonymous said...

Because they're black.

Anonymous said...

Because of racism and police brutality that is institutionalized in Kansas City and this also oppresses brown people, poor whiteslk and disabled people.