Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.] By: David A. Smith Yesterday we saw, via a Wall Street Journal article, that state or local entities that offer relocation incentives to businesses can hold the businesses to their promises, via enforceable agreements (mislabeled grants but really forgivable soft loans with a pre-negotiated forgiveness schedule, FSLwPNFS’s). But [...]
By: David A. Smith You must not think it cant A grant is not a grant It can be just a loan The fundamental rules apply As grants get clawed When I teach someone new the basics of bridge, I start always with the play, not the bidding, because although the bidding happens [...]
By: David A. Smith [Continued from yesterday's Part 1.] As we saw in yesterday’s post on risk mitigation, using as our illustrative case the BP mess, using an under-noticed Grist.org article with bankruptcy expert Peter S. Kaufman, BP is facing a toxic American gusher – a spewing mountain of claims that is all [...]
By: David A. Smith When the mule becomes stubborn, what do you do? Flog it? Cajole it? Bribe it? Fix it! Shoot it? That was fun – now what? As highlighted in a Grist.org article I stumbled over, this is quite the conundrum. As the capital provider – [...]
[Continued from yesterday's Part 1.] It takes two whole days’ worth of posts to document, in excruciating detail, just how asinine was the grandstanding taking place in Washington last week as first Ed Liddy and then every TARP recipient was skewered by an outraged Congressional mob. Citizens united for shibboleths! As I [...]
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