Quote:
Originally Posted by ardecila
Uh, there's nothing wrong with the Salvation Army buildings... they are beautiful, super-urban and fairly dense, there's no reason they need to be torn down when there are SO MANY vacant lots nearby. With some renovations, they might work well as affordable housing or even market-rate.
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Affordable housing in a location that could attract high rents is an awful use of taxpayer funds. Affordable housing should only be built where land values are lower with great access to public transportation. We shouldn't be picking winners and losers with housing. A middle class family can only afford to rent in Portage Park or Ashburn, yet we are going to subsidize someone else to live here instead. That makes no sense, especially when the city, county, state, schools, fire, police, transit, libraries, and pensions are all incredibly underfunded or near bankruptcy. Building market rate units here will raise property values and contribute significant amounts of money in property taxes to all these local governments. This in turn will help pay for more affordable and CHA units elsewhere in the city.