One of the unfortunate things that has come out of the McKinsey report is this number of 52 new units. Although I don't know what the real number is I'm quite positive it is much more than 52. To wit:
East Village is a couple hundred units The new residential development projects between Washington Avenue and the River have got to count for close to 300-400 units There has got to be about a hundred new units on Portland Avenue south of Franklin New single family homes along Hiawatha A large number of vacant units have been developed in the last couple of years as well. I'm sure I'm missing a bunch of other projects. Hopefully someone at MCDA can enlighten us on how many units were actually developed and how the 52 number got in the report. Dean E. Carlson East Harriet, Ward 10 Quoting Terrell Brown <[EMAIL PROTECTED]>: > > [Terrell] The McKinsey report tells us "Over the past 5 years, > considerable city spending made limited progress against housing and > job creation needs, suggesting that Minneapolis will be > unable to meet its development needs using current approaches." (p. 7) > Over the last 5 years we have spent over $960 million and gained a > grand total of 52 housing units, housing quality and affordability has > gone down and our job growth is will behind the suburbs. > > McKinsey on page 4 tells us that the past 10 years was worse, quoting: > � Over the last decade, > � Rents and home prices have increased over 10% faster than income > � The city sustained a net loss of 1,882 housing units > � Housing quality has deteriorated significantly, with units rated > �average minus� or below by city inspectors moving from 13.1% in 1995 > to 21.5% in 1999 > > > So using neighborhood based planning with an NRP program that allegedly > spends about half its money on housing we gained 52 housing units in 5 > years. It cost us nearly $9.5 million for of that "housing money" to > gain each of those units? So you tell me we improved some housing with > that money and then McKinsey tells me our housing quality is going > down. > > We spent nearly a billion dollars and what did we get? A new Target > store and 52 housing units? What gives? > _______________________________________ 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
