Affordable Housing?

This is the perfect example of why RainForChange needs to exists.

We need a better definition of "affordable."  David A. Podgursky has just detailed an "affordable housing" project in Palm Beach.  His post  -  Affordable Housing Initiatives in South Florida: Part 2 - Preconstruction - details the costs and implications of Greystone.

"Greystone was to be part of the affordable housing answer in Boynton Beach," David writes. But his analysis of the numbers paints a different story. "I don't fault the builder... don't get me wrong.  Canyon is beautiful and so are the rest of their communities.  But what kind of answer is this to the problem of affordable housing? Why were people so elated at this "affordable" community??

His first post in this series asked this quesiton: "Who decided that $300K is affordable?"

You can read more here.

Comments

[Ines]

Jeff - it's a real problem, no doubt about it. To think that we are loosing our "working class" here in South Florida is devastating. I keep hearing about great projects like Habitat for Humanity, but no affordable housing.