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June 28, 2005

The False Promise of Ratner's Affordable Housing - Redux

OnNYTurf.com demystifies the 50/30/20 affordable housing plan that is being touted by the pols as Bruce Ratner's big win-win for Brooklyn.

Upon closer examination the 50/30/20 is not truly a guaranteed affordable housing plan and turns out to be a big fat handout for developers.

article

NoLandGrab: In the technocratic world of publicly subsidized affordable housing plans, this is the first explanation written in plain English we’ve come across.

Posted by lumi at June 28, 2005 9:49 PM