Jim, thanks for you're stirring endorsement for a resurrection of the
traditional Democratic home ownership strategy.
On Friday, November 21, 2003, at 09:15 PM, gemgram wrote:
The answer is to create a guaranteed loan program. Instead of
subsidies
simply guarantee the mortgage to 30 or 40%.
Community Land
Trusts (responses to comments and questions offered by Bill
Cullen)
Bill Cullen
writes:"1) This program was granted $125,000 from MCDA and $50,000 from
GeneralMills to build "one or two" units. Each unit is sold for
$155,000 -- notincluding the land. So, the non-profits are
Community Land
Trusts (responses to comments and questions offered by JimGraham)It
is important to note that the potential homebuyers the Community LandTrust
targets are households that "but for"significant affordability subsidywould
not be able to purchase a home. Jim Graham and I have
Jeff has raised an interesting prospect. People with credit problems have
problems obtaining housing therefore they should be punished by not being
allowed to make the same profits from housing as he or some others might.
Or they are punished by fate by not having the luck to find a situation
into minds, or families into homes.
- Original Message -
From: Bill Cullen [EMAIL PROTECTED]
To: Mpls Forum [EMAIL PROTECTED]
Sent: Wednesday, November 19, 2003 8:28 PM
Subject: [Mpls] affordable housing density seminar...
I appreciate Michael Hohmann's summary of the affordable
Sounds like we should give the money to Jim and let him help more people than some of
the fat cats are able to.
Just in cast you didn't do the math, 730,000 into 37 million comes out to be $50.68
per person or family. This is a bargain to me.
I doubt homeownership is really on the minds of my
PROTECTED] Behalf Of
Michelle Martin
Sent: Tuesday, November 18, 2003 11:10 AM
To: [EMAIL PROTECTED]
Subject: [Mpls] affordable housing density seminar tonight
Getting to the Bottom of the Ballot will be hosting the last of its After
the Election seminars for this year tonight:
Affordable
I appreciate Michael Hohmann's summary of the affordable housing seminar
last night. One part Michael wrote was:
Relative to the need for building more affordable housing, questions were
raised regarding the high vacancy rates in the private rental housing
market, and the responses indicated
Getting to the Bottom of the Ballot will be hosting the last of its After
the Election seminars for this year tonight:
Affordable Housing Density
Can you imagine 15% more people living in our developed area?
The Metropolitan Council has projected that this will happen in the next
thirty years.
Barbara Lickness writes:
I would be interested in an honest discussion about
the true vacancy rate, average rent prices, costs of
providing rental units etc. and the things
contributing to the problems of high vacancy rates and
rent prices.
I suspect that there are a number of factors that
for quite
some time.
Steve Meldahl
Jordan (work)
- Original Message -
From: Barbara Lickness [EMAIL PROTECTED]
To: Becker [EMAIL PROTECTED]; [EMAIL PROTECTED]
Sent: Wednesday, November 12, 2003 8:13 PM
Subject: Re: [Mpls] affordable housing density seminar
So, if that is the case. Why
In a message dated 11/12/03 4:09:39 PM Central Standard Time, [EMAIL PROTECTED] writes:
Did we really build that many more units? Are rents so
unaffordable that people are doubling or tripling up?
Did a bunch of people move out of the city? Exactly
what happened?.
I can't precisely say
Jim Bernstein wrote:
This has no applicability to Minneapolis at all! The housing shortage
in San Francisco is caused by too many people wanting to live there and
the fact that it is located at the tip of a narrow peninsula with
nowhere to add more housing. It is already one of the most densely
Having lived in San Francisco it is my belief that
rents are high there because there is such a high
demand. The geography there is spectacular and the
city is very alluring, urban, exciting,
well-climatized, and fun. Did I say gorgeous. The
rents were high because the landlords could get that
Barbara Lickness wrote:
I am a bit puzzled by what is happening here in
Minneapolis. How did we go from 1-2% vacancy rates a
couple years ago to between 20-30% vacancy rates now?
Did we really build that many more units? Are rents so
unaffordable that people are doubling or tripling up?
Did
So, if that is the case. Why is the state, county, and
city still pouring money into non-profit developments
to build even more high density multi-unit rental
housing?
Just trying to make sense of all of this.
Barb Lickness
Whittier
=
Never doubt that a small group of thoughtful, committed
Barbera Lickness wrote:
I would be interested in an honest discussion about
the true vacancy rate, average rent prices, costs of
providing rental units etc. and the things
contributing to the problems of high vacancy rates and
rent prices.
My response:
True vacancy rate is hard to predict.
Bill Cullen wrote:
Fourth, the city is beating up landlords for renting to people that cause
trouble (rather than blaming the tenants). This has forced us all to do
more aggressive background checks. These background checks keep out folk
with shaky pasts. This has driven vacancies up and
Fulton
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of Victoria Heller
Sent: Monday, November 10, 2003 3:18 PM
To: Minneapolis Forum
Subject: [Mpls] affordable housing density seminar
Those who are interested in this subject (affordable housing) might
Getting to the Bottom of the Ballot's After the Election Series will be
hosting the last of its seminars for this year:
Affordable Housing Density
Can you imagine 15% more people living in our developed area?
The Metropolitan Council has projected that this will happen in the next
thirty years.
Those who are interested in this subject (affordable housing) might
want to read an article published today by Thomas Sowell. He wrote it
about San Francisco, but its content applies to Minneapolis too.
Excerpts:
One of the main reasons for the outrageous housing prices in San
Francisco and the
Vicky Heller wrote:
Those who are interested in this subject (affordable housing) might
want to read an article published today by Thomas Sowell. He wrote it
about San Francisco, but its content applies to Minneapolis too.
...
For people who don't know who Thomas Sowell, he is a
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