Developing Affordable Housing Ecosystems World Wide
The last few weeks have revealed gaping fissures in our financial liquidity system.
What do you mean, we outran our boundaries?
Will they lead to meaningful reforms, such as the sweeping reforms proposed by Treasury Secretary Paulson?
As treasury Secretary, I pray they do
It’s evident to me they should be – with any luck I’ll write the […]
More than twenty years ago, at a housing conference I co-chaired where I was describing a then-nifty innovation in affordable housing finance, someone tossed up the doubting-Thomas question, “Why get in now? Why not wait until things are clearer?”
I’m not ready to take a position on the matter
“Because,” I extemporaneously shot back without thinking, […]
[Continued from yesterday’s Part 1.]
Yesterday we saw that HUD not only is under-funding Section 8 contracts, it is using the holdback of even the partial payments as a coercion to compel owners to sign new amendments acknowledging that HUD is doing so.
Are you thinking what I’m thinking?
A system that depends on the government honoring its […]
Want to kill a program without repealing it? Simply de-fund it. Want to kill it slowly without being blamed? De-fund it in small steps. Sooner or later it keels over.
We’re having a little trouble
A few days ago, I posted about the remarkable new ‘never have to pay’ language in HUD’s new Section 8 renewal contracts, […]
Periodically, in the ad slots on my Red Line subway ride to work, the Commonwealth of Massachusetts runs posters of Deadbeat Dads, men who are months and years behind on their child support payments. Always unshaven in the mug shots, they stare bad, haggard or defiant.
One thinks, how incredibly low, to welsh on an […]
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