Subsidized Housing in the South End
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The City also takes into account those valid indicators of housing needs that are neighborhood specific, such as the BHA waiting list, .
5. THE FINANCIAL AND SOCIAL FAILURE OF SUBSIDIZED HOUSING Finally, although federal subsidy programs have contributed to the development of over 4,000 units of new and rehabilitated housing in the South End, unforeseen problems have accompanied the construction, maintenance and management of many of the projects. Of the 28 housing developments located within t...he South End, 14 or 43 percent are in serious financial difficulty. If these complex economic, social, programmatic and environmental problems are not dealt with promptly and directly, many new low-rent units may be irrevocably lost through resale and subsequent conversion to market rentals.
37 - 6. CAUSES FOR THE HOUSING FAILURE The basic concept behind the mortgage interest subsidy programs (Sections 221 d3 and 236) developed around the notion that if the cost of borrowing could be reduced low enough, decent housing could be pro- vided at low cost.
What to read after Subsidized Housing in the South End?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The City also takes into account those valid indicators of housing needs that are neighborhood specific, such as the BHA waiting list, .
5. THE FINANCIAL AND SOCIAL FAILURE OF SUBSIDIZED HOUSING Finally, although federal subsidy programs have contributed to the development of over 4,000 units of new and rehabilitated housing in the South End, unforeseen problems have accompanied the construction, maintenance and management of many of the projects. Of the 28 housing developments located within t...he South End, 14 or 43 percent are in serious financial difficulty. If these complex economic, social, programmatic and environmental problems are not dealt with promptly and directly, many new low-rent units may be irrevocably lost through resale and subsequent conversion to market rentals.
37 - 6. CAUSES FOR THE HOUSING FAILURE The basic concept behind the mortgage interest subsidy programs (Sections 221 d3 and 236) developed around the notion that if the cost of borrowing could be reduced low enough, decent housing could be pro- vided at low cost.
What to read after Subsidized Housing in the South End?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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