| By choosing to put the housing in expensive areas, she is choosing to pay twice what she would be paying in less expensive neighborhoods, therefore helping less people. It doesn't make sense at all. |
True if you take her concerns for the homeless at face value. Not true if you understand how the plan creates multiple opportunities and budgets for continued cronyism. Then it makes full sense. |
Good point. Housing for the homeless at several times the cost that makes fiscal sense when housing could have been obtained more cheaply ends up eating a lot of the funding that could have helped other homeless folks. |
It's looking more and more like this is what it's actually about. I certainly hope Council puts a hold on this plan and investigates. |
The Wisconsin Ave. location which I assume is in the area with the most expensive real estate does not appear to be the most expensive on a per unit basis. Here are some monthly rents I gathered from the leases. I guess there could be differences between units that account for some of the differences, so consider these to be pretty rough numbers: Wisconsin Ave. NW: $3,500 25th Place NE: $3,404 Delaware Ave. SW: $3,750 808-810 5th St. NW: $37.00 per gross square foot 5505 5th St. NW: $2,240 10th St. NW: $2,212 |
A Ward 3 resident here. Actually, it is "enough" rationale from a political perspective. Other Wards want all Wards to share in the "solution" to this problem - and these other Wards (who had more to do with her being elected than Ward 3) are making noise that they are unfairly shouldering the burden. They are not entirely wrong and if I lived in those Wards, I would be saying the same thing. Sure, it makes very little financial sense, but that is not the issue here. And truth be told, Ward 3 is stable, affluent and in demand (and that will remain the case). Certain neighborhoods in other Wards are on the cusp or are in the infancy of gentrification and contuining to concetrate these projects in those places can have a chiling impact on a neighborhood turning around. I have my concerns like the rest of you but we live in an urban area and we cannot always insulate ourselves from urban issues. |
Jeff, I DK about the other sites but am banking that the WI Ave developer willing to go with wee bit less now in anticipation of circumventing the zoning restrictions and banking on big pay out with luxury condos |
Every single one of those is more than what I pay in housing costs. There are DEFINITELY cheaper, more fiscally responsible locations in the city. |
Are these per unit costs to lease the building-sites? If that's the case and excluding utilities and construction this plan far exceeds in cost what is available to rent now. Glover Park Wisconsin ave -could put them in Alban Towers or this brand new building for less: http://www.2255wisconsinave.com/floorplans.aspx |
And don't forget, remodeling/construction, maintenance, utility costs to make the units habitable will be ON TOP of this. |
That seems the most obvious play here. This lease is for 15 years and some of the others are for 30 years. They are building dormitory style units wth shared bathroom and kitchens. Perhaps the number of bathrooms and kitchens would be appropriate for condominium or apartments 15 years from now, or maybe the owner would need to tear down the building and start over. But, maybe call their bluff by demanding that this lease be for 30 or 50 years. |
It's like when a couple of small Ward 3 schools were kicked out of their longtime feeder rights to Deal, largely for symbolic purposes. The numbers will have virtually no impact on Deal overcrowding, but DPCS felt politically that someone in Ward 3 had to be the sacrificial lamb ("collateral damage, in the words of one redistricting committee member), to show that all wards were feeling some pain. |
Interesting idea, which would force their hand on disclosing more details of the arrangement and align more with the interests of public policy rather than those of some favored intermediary/partner. |
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This is just bizarre considering the rent is for 15-30 years , excludes construction costs, and utilities and is dorm style when the open market has new and other nice units that are real apartments.
What is wrong with this person? |
And in fact one could buy a nice $750,000 townhome for each homeless family for $3300/month if that were put into a 30 year mortgage. That goes to show how truly messed up and financially out of kilter this plan is. Council needs to step in, put the brakes on with Bowser, investigate deeply and rethink on this. Seriously. |