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Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Wed January 30, 2019 6:06 pm
NEVER STOP JAMMING!
Joined: Wed January 02, 2013 1:56 am Posts: 21845
verb_to_trust wrote:
No way any of that money gets misused or appropriated poorly.
It seems primarily interested in creating housing that Microsoft’s lower tier employees can potentially benefit from (not a complaint, given the state of housing in this city).
Quote:
Developers will have access to $225 million in below market interest loans to build units aimed at households with $62,000 to $124,000 annual income. Additionally, $250 million in market rate loans will be extended to build housing for households with less than $48,150 annual income, still well above the poverty line.
No way any of that money gets misused or appropriated poorly.
It seems primarily interested in creating housing that Microsoft’s lower tier employees can potentially benefit from (not a complaint, given the state of housing in this city).
Quote:
Developers will have access to $225 million in below market interest loans to build units aimed at households with $62,000 to $124,000 annual income. Additionally, $250 million in market rate loans will be extended to build housing for households with less than $48,150 annual income, still well above the poverty line.
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Wed January 30, 2019 8:58 pm
Site Admin
Joined: Wed December 12, 2012 10:33 pm Posts: 6932
Monkey_Driven wrote:
McParadigm wrote:
verb_to_trust wrote:
No way any of that money gets misused or appropriated poorly.
It seems primarily interested in creating housing that Microsoft’s lower tier employees can potentially benefit from (not a complaint, given the state of housing in this city).
Quote:
Developers will have access to $225 million in below market interest loans to build units aimed at households with $62,000 to $124,000 annual income. Additionally, $250 million in market rate loans will be extended to build housing for households with less than $48,150 annual income, still well above the poverty line.
This seems like a good idea.
Yep. The more housing of any kind that any major city in the West can get, the better.
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Thu January 31, 2019 7:18 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6653
Green Habit wrote:
The more housing of any kind that any major city in the Westwith soaring housing costs can get, the better.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Fri February 01, 2019 7:52 am
Misplaced My Sponge
Joined: Wed January 02, 2013 3:41 am Posts: 5595
How is more housing going to help those with severe mental illness or substance abuse? The folks you see on the streets for long periods of time who refuse to stay in shelters? Housing is not their primary problem, and that myth needs to be slain.
Those temporarily out of work normally have some sort of support structure to fall back on, or live in their cars for a couple of months.
Maybe we need to better differentiate between the highly visible homeless that housing has almost no impact on, and the discreet homeless that additional housing stock may marginally benefit.
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Tue February 05, 2019 3:37 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14262
Green Habit wrote:
4/5 wrote:
Green Habit wrote:
The more housing of any kind that any major city in the Westwith soaring housing costs can get, the better.
I don’t get this. Why should we encourage more and more people to be crammed into existing developed areas? Seems like planned suburban communities would allow for a more sustainable world going forward
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Tue February 05, 2019 6:23 pm
Site Admin
Joined: Wed December 12, 2012 10:33 pm Posts: 6932
Bi_3 wrote:
I don’t get this. Why should we encourage more and more people to be crammed into existing developed areas? Seems like planned suburban communities would allow for a more sustainable world going forward
Before I respond, I'd like for you to expound on how you're defining "planned suburban community".
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Tue February 05, 2019 6:25 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6653
Bi_3 wrote:
Green Habit wrote:
4/5 wrote:
Green Habit wrote:
The more housing of any kind that any major city in the Westwith soaring housing costs can get, the better.
I don’t get this. Why should we encourage more and more people to be crammed into existing developed areas? Seems like planned suburban communities would allow for a more sustainable world going forward
I mean that's one way to frame it. I'd ask why should we prevent desperately wanted housing from being built instead of letting the market solve this government (read: homeowner NIMBY) created housing shortage.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Tue February 05, 2019 7:42 pm
Site Admin
Joined: Wed December 12, 2012 10:33 pm Posts: 6932
4/5 wrote:
I mean that's one way to frame it. I'd ask why should we prevent desperately wanted housing from being built instead of letting the market solve this government (read: homeowner NIMBY) created housing shortage.
Yeah, that's along the lines of what I'm prepared to argue. A good example of this was the Showbox brouhaha that occurred this summer. It was popularly pitted as a music venue versus a 44 story residential skyscraper, but the ultimate problem is that there's only a very small sliver of land in the Seattle metro area where either can be legally constructed--hence they had no choice but to "fight" against each other. The reason I want BI to explain "planned suburban communities" further, because if that means "allow property owners in the suburbs to build something other than only single family homes", then I can find plenty of room to agree.
Post subject: Re: Microsoft commits $500M to Seattle area homelessness cau
Posted: Wed February 06, 2019 11:41 am
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14262
Green Habit wrote:
4/5 wrote:
I mean that's one way to frame it. I'd ask why should we prevent desperately wanted housing from being built instead of letting the market solve this government (read: homeowner NIMBY) created housing shortage.
Yeah, that's along the lines of what I'm prepared to argue. A good example of this was the Showbox brouhaha that occurred this summer. It was popularly pitted as a music venue versus a 44 story residential skyscraper, but the ultimate problem is that there's only a very small sliver of land in the Seattle metro area where either can be legally constructed--hence they had no choice but to "fight" against each other. The reason I want BI to explain "planned suburban communities" further, because if that means "allow property owners in the suburbs to build something other than only single family homes", then I can find plenty of room to agree.
This. I actually had the words 'something other than 4k sq ft homes' in the post originally, but removed it. Creating incentives to build moderately dense residential areas (while mandating school and public transport expansions to accommodate the population increase) seems like a better way to get more people closer to economic centers than to make cities denser and taller with the added benefit of the decades of urban planning and environmental knowledge we have now. The real key is making it easier, faster, and safer for people to get to their jobs so that commute time is not economic waste that is driven by a lack of affordable housing.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
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