Quote:
Originally Posted by Future Mayor
The key to low/moderate income housing in the central city is a true mixed income approach. I stopped by citifront when I was in town and I was seriously repulsed by the interior of the building and even more so by the intererior of the apartment I needed to visit. I nearly vomitted. To truly integrate low/moderate income into new developments I believe that developers and landlords must take advantage of low income housing credits in their developments. My goal as a developer and also from studies i've read is to provide 25-33% low/moderate income units within a new development. Someone had commented that you tend to live and maintain your property similar to those around you. I feel that a mix of 25% low/moderate income units could actually be maintained as a nice place to live. The key is to not classify the development as low income, and nobody needs to know who is low income or not. Several collegues in social work agree that this type of mixture can help to provide incentive to those in the low/mod units to make the most of what they have and can provide a spring board to lift their lives up, because they are surrounded by those that are not considered to be low to mod income.
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This is very true Future Mayor, I have seen it myself in Los Angeles. Also, key to this working well is an excellent property management team, and an informed property owner. Not only can a responsible manager have a huge impact on your immediate property, but the entire neighborhood and surrounding owners/property managers can be significantly affected for the positive. I have met myself with several large property owners in L.A. in my neighborhood. I basically conveyed to them that their managers were not living up to what we expected of their property, and that they as owners had the right to demand more of their managers. It was amazing how quickly things changed for the better.
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