Doesn’t small suburban style homes take up valuable property that can be used for income tax paying property? Sheesh, not only do people get rent for $5 a month, they get to not be “stigmatized” as being poor too?
Just a hunch here, but I spent a lifetime managing property and such...not that I’m necessarily proud of that.
I suspect that there are very few “small suburban homes” being rented by Section 8 tenants.
In Baltimore we did have smallish apartment complexes, kind of nice places in the grander scheme of things....flowers in the front, well-maintained, more often then you’d think in kind of nice neighborhoods. I suspect that this what they are classifying as small suburban homes.
Landlords seldom rent individual homes, which is kind of what that term hints at, to Section 8 tenants.
Heh.
This plan falls under the Hope VI program. All of the houses will be taxable property owned by individuals and private companies. They usually build rowhouses and sell them to individuals, setting aside a certain percentage for rent or sale to low income families.
They have done this with several housing projects in Charlotte. Now there are very nice family friendly neighborhoods where rich, middle class and poor all live next door to each other is well constructed rowhouses.
Hope VI is a capitalist solution to rid us of the problem of blighted public housing projects.