Paul Lohman wrote: > How much control should the city have and how much > control should landowners and developers have. That's > a discussion that's been going on for a very long time > and obviously will continue to.... for a very long time.
The third leg of this stool is the taxpayer. If subsidies are provided, someone must be paying for it. Sometimes the burden placed on taxpayers is given very little consideration. Perhaps something like the Habitat for Humanity model can be useful. Money from taxpayers can be used to bankroll projects. "Sweat equity" from potential homeowners or apartment acquirers can be used to make the construction or rehab process less costly and lower mortgages/rents. Part of rent and mortgage payments are returned to the fund for further investment, minimizing ongoing taxpayer burden. Does anyone have experience with a process like this? Can donated labor for these projects and reinvested capital and limited subsidies help create a revolving fund to push projects forward? Can this be managed by a non-governmental entity in an efficient way? Or is something like this already happening and I am just blissfully unaware as a homeowner living in the same place for the last 14 years? Or is this just a fantasy? Walt Cygan Keewaydin _______________________________________ 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
