TTT1150-Dec12-AffordableHousing
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Has it struck anyone else that heading into the dead of winter, we have record numbers of people who remain homeless, with more coming from a record number of foreclosures plaguing a housing market with depleted values while creating thousands of vacant properties, putting people with mortgages underwater?
And still we fight for affordable housing.
Do these facts simply not make sense?
All kinds of agencies around the cities are set up to create and operate affordable housing complexes, but where are the banks and other financial outfits and why aren’t they helping to stop this bleeding of people into Twin Cities’ and other cities’ streets and shelters while the banks deal with vacant homes and apartment complexes from which their policies have drive so many owners and renters?
We’ll talk about where we stand with affordable housing facilities and public policies that seem at a loss to do much about this conundrum and where the affordable housing of tomorrow should come from and where it should be built.
TTT’s ANDY DRISCOLL and Guest Co-Host LENNIE CHISM ask our guests just how we resolve these issues, if at all.
GINA CIGANIK – Vice President, Housing Development, AEON (formerly Central Community Housing Trust)
ANDRIANA ABARIOTES – Executive Director, LISC (Twin Cities Local Initiatives Support Corporation)
BOB BOYD – Director of Policy and Special Initiatives, Minneapolis Public Housing Authority