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October 21, 2009
Acorn’s Woes Strain Its Ties to Democrats
The NY Times
By Jim Rutenberg
The Atlantic Yards myths persist in this recent article about ACORN's ties with the Dems and the Obama administration, through HUD Secretary Shaun Donovan (emphasis added):
Mr. Donovan included Ms. Speliotis in a group of affordable housing specialists with whom he consulted frequently, current and former city officials said.
...
And she and Ms. Lewis appeared to help Mr. Donovan deliver a coup for Mr. Bloomberg in 2005 when Acorn endorsed a huge Brooklyn development he was supporting in the face of local opposition.Acorn backed the plan in return for an unusual promise from the developer, Forest City Ratner, to make half of the 4,500 rental apartments that it was proposing — along with a new Nets basketball arena — available to poor and middle-class families at below-market rates.
NoLandGrab: As usual, nothing about Bruce Ratner's highly subsidized eminent domain-abusing Atlantic Yards overdevelopment is quite as it seems.
Two years ago, Norman Oder reported on his blog, Atlantic Yards Report, that some of these "affordable" apartments would rent above market rate.
Posted by lumi at October 21, 2009 6:37 AM