> <[EMAIL PROTECTED]>.
I would like to point out that the vastest majority >of low income housing units are built and managed with contributions from various government financing and development entities such as: TIF, MHFA, MCDA,MPHA, Low income Tax credits, Section 8, NRP, City ,county and foundation funding. With so much government funding in each unit of housing it should make sense that the unit should be owned by the person/people living in the unit and yet this is very seldom the case. Ownership of people's housing and all sorts of tax avoidance side rewards always seem to end up in the hands of a few operators. The biggest single financial advantage in low income housing is to stop the clock on escalating housing costs by paying off a mortgage and this is what private ownership does. Instead of taking our government money and putting it into the hands of 'operators' we should concentrate on private ownership which will contribute to the affordability of housing. peter dodge > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
