To give people a better idea of how close these 4 projects are, I have created a map that can be accessed here. Add these 4 projects together:
- Total cost 44,900,000
- 143 low income apartments
- 313,986 average cost of each apartment
The reason you and I should care about this is that the bulk of the 44,900,000 is our tax money packaged under various names (HOME funds, tax credits, Mass Housing, etc). Bottom line is that these are our tax monies that are being used to build low income housing.
Drive this stretch some day, it will take you maybe 3 minutes and tell me if we got our 44,900,000 million dollars worth?