Quote:
Originally Posted by SamInTheLoop
Outrageous that the CHA has just been sitting on projects like this for years while having a lot of money to put to work. Where is the oversight of this agency?
|
Regardless of their overall performance, they had many of their new developments sort of... ready to go when the recession hit- much of it with high percentage ownership components. That said, when the economy tanked, their plans went out the window due to the shifting economic landscape.
Needless to say it has now taken nearly a decade to get new plans created and projects off the ground.
Are they the most responsible and proactive Housing Authority- not by a long-shot, but at least now we're finally seeing meaningful improvements and developments within their portfolio.