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A way of tackling income segregation or at least ease it? I'm always a bit iffy when I read through solutions that are half way like this, always expecting a more radical approach to housing, one that intentionally respects this fundamental right. “From there, it’s not hard to extrapolate this model to not just a single building, but to a whole portfolio of social housing properties. Some properties could be run at cost, with rents affordable to people making around the median income. Some buildings with a mix of very low-income people, like the formerly homeless, could even be run below cost — just as LIHTC and public housing properties are today — but instead of depending on a favorable political climate and the goodwill of Congress for additional funding down the road, the building could be “subsidized” by other buildings in the portfolio with a mix of higher-income tenants.”
A way of tackling income segregation or at least ease it? I'm always a bit iffy when I read through solutions that are half way like this, always expecting a more radical approach to housing, one that intentionally respects this fundamental right. “From there, it’s not hard to extrapolate this model to not just a single building, but to a whole portfolio of social housing properties. Some properties could be run at cost, with rents affordable to people making around the median income. Some buildings with a mix of very low-income people, like the formerly homeless, could even be run below cost — just as LIHTC and public housing properties are today — but instead of depending on a favorable political climate and the goodwill of Congress for additional funding down the road, the building could be “subsidized” by other buildings in the portfolio with a mix of higher-income tenants.”
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