November 26, 2009

Chicago Sun Times

Great story on how "Affordable housing units used by many to turn quick profit". This does not happen in Worcester since there is no market for condo resales, but who is making sure that the people receiving millions in grants are making sure that underlying tenants are in fact low to mod income and "qualify" during the affordable period.
Posted by Bill Randell at 5:34 PM

2 comments:

Jahn said...

The same department(s) that are being audited by the city manager for possible sloppy record keeping??????

7:52 PM
Mitch said...

It's a great opportunity for opportunists. As more and more great homes for less becomes available for investment, the rich becomes richer. Thanks for sharing.

8:34 PM

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