Friday, February 22, 2019

Briley moves to spend half of the city's affordable housing budget for an historical preservation property.

Morris Memorial Building
Mayor David Briley moves to buy historic building with affordable housing funds

Rod's Comment: I question if this is the best use of limited affordable housing funds. $12.8 million dollars would go a lot further somewhere else.  This makes me question if the concern about affordable housing is real or if it is an excuse to have a slush fund.  This is prime downtown property at the corner of 4th Ave North and James Robertson Parkway. It does not make a lot of sense to develop affordable housing in some of the most expensive property one could possibly find. This will have to go before the Council.  This deal should be rejected. If affordable housing advocate really care about affordable housing they will oppose this.

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