The free market, not HUD, should be the only arbiter for affordable housing. WSJ – Venice Beach Is a Hot Place to Live, So Why Is Its Housing Supply Shrinking? Venice Beach is the toughest neighborhood to build new housing in U.S., followed by Prospect-Lefferts Gardens in Brooklyn and Philadelphia’s Fishtown By Laura Kusisto, July Continue Reading
“They took that problem and made it worse” said Shawn Evenhaim, chief executive of Los Angeles developer California Home Builders, said he stopped purchasing land months ago that would fall under the new requirements, anticipating the initiative would pass. He has enough land to get him through the next two to three years, but after Continue Reading
If you don’t own property, you are property and a pawn in HUD’s AFFH chess game. HUD has not been part of any solution. WSJ – Homeowner Rate at Record Low The U.S. homeownership rate fell to 62.9% By JEFFREY SPARSHOTT July 29, 2016 The U.S. homeownership rate fell to the lowest level in Continue Reading
Introduction by Smith Young “:) “Is accepting free federal money to become a thing of the past? On Tuesday, June 28, 2016 the Colorado Douglas County Board of Commissioners voted and made a landmark decision to decline 2016 HUD CDBG grants! On the same day Lora Thomas won the Republican primary to replace the open Continue Reading
Introduction by Smith Young “:)” Fear of navigating the ocean and falling off the edge of the earth was rational until discovering that the world isn’t flat. Nothing wrong with that fear when based on an invalid premise and belief system which is the case for this report funded by a grant from the Urban Reporting Continue Reading