Anonymous
Post 01/27/2020 11:00     Subject: Why hasn't Silver Spring incorporated?
Anonymous wrote:
Anonymous wrote:Anti-MPDU person - it does make sense. The point of the MPDU program is to have lower-cost housing mixed in with the market-rate housing. If MPDUs get built but then become market-rate housing upon first resale, then there isn't any more lower-cost housing mixed in with the market-rate housing.


Then why do they ever allow the units to be sold at the market rate?


After 30 years?
Anonymous
Post 01/27/2020 10:57     Subject: Why hasn't Silver Spring incorporated?
Anonymous wrote:Anti-MPDU person - it does make sense. The point of the MPDU program is to have lower-cost housing mixed in with the market-rate housing. If MPDUs get built but then become market-rate housing upon first resale, then there isn't any more lower-cost housing mixed in with the market-rate housing.


Then why do they ever allow the units to be sold at the market rate?
Anonymous
Post 01/27/2020 07:00     Subject: Why hasn't Silver Spring incorporated?
Anti-MPDU person - it does make sense. The point of the MPDU program is to have lower-cost housing mixed in with the market-rate housing. If MPDUs get built but then become market-rate housing upon first resale, then there isn't any more lower-cost housing mixed in with the market-rate housing.