Castle and Eggers last night |
As a result of those well attended forums, the dormant Watauga County Community Housing Trust was reactivated with County Planner Joe Furman serving on the board of directors. Furman initiated discussions with the UNC School of Government's Development Finance Initiative (DFI), which is charged with helping counties with economic development projects.
The DFI subsequently presented a proposal for technical services to the county "to attract a private development partner for the development of housing for low- and moderate-income households" on the Brookshire Road site. The proposed "technical assistance" was priced to the county at $62,300, but the High Country Assoc. of Realtors and NC Realtors Assoc. have pledged $10,000 to help underwrite this study. The DFI estimates the study and recruitment of a private partner to take seven months. (The full scope of the "technical assistance" that DFI is promising gets outlined on pages 29-30 here.)
If people were expecting the election of Republican members to the Commish to signal cantankerous wrangling over the spending of public money, it certainly didn't happen last night. Affordable housing appears to retain its salience for both sides.
Does this mean more acres of cheap apartments?
ReplyDeleteSO, we have gone from a single earner working class family, even a lower middle-class one, such as a factory worker, being able to buy their own house, raise several kids, have at least one vehicle and a yearly vacation to now having the government pay for some consultant to help the county find someone to help them build low to moderate income housing.
ReplyDeleteAnd you all wonder why folks can't afford homes?
Keep increasing inflation while wages stagnate, it's what you've been doing for decades.
We've gone from unions leveling the playing field back to large corporations calling pretty much all the shots, plus the leverage buyout frenzy of the '80's, then add in globalization which drove down prices, wages and the quality of many products.
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