Craig Miller wrote: > Anyone want to quibble with the facts laid out in the report?
I cannot remember how many quibbles equal a qualm but one should have more than a few qualms about drawing conclusions from the headlines on summary data. Prior posters did not mention the footnote on page 11 of the McKinsey report (actually a Powerpoint presentation that accompanied an oral report). The footnote reads, "Departments had focus on and impact in other development areas beyond housing a job creation). This was explained to mean the the $1 billion figure represented the combined total expenditures, for all purposes of the NRP, the Planning Department and the NRP including debt service. In the MCDA' s case this includes among other things, work in commercial corridors, downtown development, historic preservation, home loans and mortgage finance. The net housing number reported as either 52 or 57 units depending on page number was the difference between the number of demolition permits and the number of permits for new construction from 1997 to 2001. That's it. It ignores all other housing activities including, home ownership mortgage programs, single and multi-family renovation. MCDA staff provided the following data McKinsey that were not cited in the report: >From 1997-2001, the MCDA's Multifamily production (loans closed/construction start) was: Rental new 1494 units Rental rehab 4271 units Ownership new 723 units Ownership rehab 168 units Total 6656 units I don't have quick access to the NRP or Planning department production figures but they would also need to be considered. Jack Kryst Manager, Project Planning & Finance Minneapolis Community Development Agency (612) 673-5130 Kingfield _______________________________________ 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
