Real Estate/Development
Sep. 3, 2003
Making Affordable Housing Pencil Out
BY MARGOT CARMICHAEL LESTER Special to the CREJ When it comes to affordable housing, there is perception and then there is reality. Affordable-housing projects are saddled with the image of being poorly built, financial headaches that become blights on the neighborhood and a drain on the owner's pocket.
BY MARGOT CARMICHAEL LESTER
Special to the CREJ
When it comes to affordable housing, there is perception and then there is reality.
Affordable-housing projects are saddled with the image of being poorly built, financial headaches that become blights on the neighborhood and a drain on the owner's pocket.
"Most people's vision of low-income rental housing is a dilapidated project where the design and property management are horrible," said Rob...
Special to the CREJ
When it comes to affordable housing, there is perception and then there is reality.
Affordable-housing projects are saddled with the image of being poorly built, financial headaches that become blights on the neighborhood and a drain on the owner's pocket.
"Most people's vision of low-income rental housing is a dilapidated project where the design and property management are horrible," said Rob...
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