Reply to Marc Elrich doesn’t think there “is demand for market housing.” He’s never going to fix our housing.

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Reply to "Marc Elrich doesn’t think there “is demand for market housing.” He’s never going to fix our housing."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
The council directly distributes about $30 million in a year uncompetitively awarded grants to “community organizations” in a manner that lacks transparency and reeks of a slush fund. Add that to the developer giveaways and how much affordable housing can we directly build a year? I think a lot. [/quote]

Rockville's Main Street project cost $22 million for 70 units, of which 53 are income-limited.

https://www.multihousingnews.com/partially-affordable-community-opens-in-metro-washington-dc/[/quote]
So there we have it. Cutting direct subsidies and this “slush fund” could provide at least 150 affordable units per year. Which is a lot of housing that is not getting built. [/quote]

Show your work, please. Which community organizations, specifically, are you planning to cut funding to? And where, specifically, are you planning to get $47 million per year from? Also, where are you planning to put these units, and where will the money come from to pay for the land? Also, who will pay for to maintain and operate the units, once they are built? And finally, where do you get the idea that 150 units per year is "a lot" - compared to what?[/quote]

DP, but show your work is tiresome. Do your own work. It's clear if we directed the subsidies Riemer is giving to luxury condos to building deeply affordable units then we'd get more deeply affordable units than we're getting now. If we dropped the MPDU requirement, we'd get more housing overall, which would cause older properties to fall in price, thus improving affordability across the board.[/quote]

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