In Saturday paper, click here
Worcester, which got $2.4 million last year, will get $1.3 million to redevelop 5 May St. for low-income rental units, and $700,000 to demolish a former factory at 95 Grand St., to transform it into a mixed-use development.
Thanks Z
Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
5 months ago
1 comment:
$1.3 M for rehab of 5 apts = $260,000 per unit and that doesn teven take into account any of these funny money HOme funds paid to the builder or the fact the CDC's get these properties for short/no money
Just where are these CDC's spending the money? I can buy Bills brand spankin' new raised ranch that is in a much nicer area and has much more square footage than 5 May St...for how much??? $250,000??.
Once agin I ask, do teh CDC 's pay prevailing wages on these housing projects. For some reason I had always assumed prevailing wage laws didnt apply to CDC projects??????
Nothing is more expensive to biuld than non profit built housing and nothing is more costly for the city to service than low income housing....yet teh city council continues to shoot the city in the foot by accepting all this)"free money " for no lo constr.
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