Reply to Housing proposed for Tenley Library/portion of Janney site

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why not 7 and 8, PP?    Again - you “build it up in Ward 3” folks fail to realize basic economics of this situation.   It makes no sense to me why we all can’t promote 7 and 8 to attract more investment.  Ward 3 has all of that already.  [/quote]

There is plenty of investment in Wards 7 and 8. You clearly have not been there in a while if you haven't seen the changes and the proposals coming out for more. That said, there are almost no affordable housing units in Ward 3 as compared to the rest of the city. Past experience has shown that it is best to blend economic strata across geography rather than concentrate "the poors" in areas.[/quote]

There is a smaller amount of “affordable units” in Ward 3 because of market economics.  The units are different; the prices are.  Unless you want a controlled economy, that will still be true, albeit slightly less so, even if you build more ‘affordable’ units.

The real answer is making other areas of the city more attractive.  Trying to cram everyone into one ward and a few schools is just dumb.  Trying to defy market forces to a substantial degree is also dumb, as is trying to make Ward 3 extra crowded and, therefore, less appealing in the name of equity.[/quote]

** The units are NOT different; the prices are.[/quote]

I remember the outcry a few years ago when a developer built a building that had separate elevators for the market-rate and affordable apartments. They changed the rules then and said the affordable units have to be the same as the market-rate ones. [/quote]

Same entrance, maybe, but they are not the same.  The IZ unit (not truly affordable, as they are at 80% of AMI), tend to be stuck above the trash dock, next to service alleys, have less light, etc.[/quote]

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