Posted on 07/28/2014 4:47:36 PM PDT by drewh
The high-rise at 500 N. Lake Shore Drive is the second-most expensive in the city, with rents for a one-bedroom apartment approaching $3,000 a month, well beyond the reach of most Chicago residents.
But that's not too much for the Chicago Housing Authority, which has used federal tax dollars to pick up most of the tab for four lucky residents in the year-old building, with its sweeping views of Lake Michigan, a concierge and a dog-grooming center.
The tenants moved in over the past two years as part of a push by the CHA to expand its housing voucher program so that more low-income residents can leave the city's roughest neighborhoods and start a new life in places with low poverty and crime and close to good schools and jobs. Some building owners are happy for the business.
Justin Elliott, principal at Chicago-based Marc Realty Residential, has few complaints after the CHA approved supervouchers for 36 leases this year and last in a 96-unit building Marc owned at 2300 S. Michigan Ave. Marc recently sold the building, which had the most supervouchers by far among all properties, according to the CHA.
“All in all, we viewed this as a very positive experience,” Mr. Elliott says.
(Excerpt) Read more at chicagobusiness.com ...
That is Berkeley or Colorado
Leave Chicago/Illinois while you still can.
If you put a spoonful of wine into a barrel of sewage, you get ... sewage.
If you put a spoonful of sewage into a barrel of wine, you get ... sewage.
didn’t read any of the article. I labeled this as “third world corruption now here in the US”. in the past eve bureaucrats would think this unseemly. not now!
Move them next to rich libs who donated to Rahm and Zero.
George did it the old fashioned way...He earned it!
George was a small business success - dry cleaning.
I’m sure Baraq would tell him “you didn’t build that”
“Move them next to rich libs who donated to Rahm and Zero.”
lake shore boulevard, i think they just did...
Same thing in the Minnesota Twin Cities where even high end apartments renting for thousands of dollars per month have “Section 8 Housing”
SO who collects?
Poor people gonna take what you gibs dem.
But that is just the thing people get angry about, while the others behind it all are laughing all the way to the bank...
Once again ...
WTF OVR?!
See my tag line.
This has got to be political.
It is fine fodder for investigation.
next stop for the illegals
Today Mr Jefferson would be facing a 38 count indictment from the EPA.
I believe this is part of a national trend, whereas the unassimilated ethnic underclass is being redistributed to areas where a working, productive population can pay for their housing, food, and education. Just north of me in NJ a large apartment building was built (for yuppie-types), and 10% of the units are Section 8. The other 90% will get the bill for “quartering” those gibsmedats (similar to the Quartering Act whereby colonists had to house British troops).
Those unfortunate 90% will house their enemies, and their children will be in school with them as well...
“This is a way to line the pockets of the landlords. It has nothing to do with ‘hepping de po’, it is a transfer of wealth from the taxpayers to the landlords, using the po’ as pawns in the game.”
I don’t know; these places become inhabitable for working people (who are robbed by the gibsmedats while they are out working all day). Any building required to house a certain percentage of gibsmedats ends up being 100% gibsmedat very quickly; nobody else would live there.
The real purpose is to break up voting blocs of taxpayers.
“This is nuts,” says landlord Tony Rossi, president of Chicago-based RMK Management Corp., who describes himself as a liberal Democrat. “In a situation where you’re dealing with a low-income person, do they really need a 25th-floor apartment with a lake view? It just doesn’t make sense to me.”
Ah the limousine liberal logic. It’s all about the po folk as long as I don’t have to deal with them.
Well, the HUD Secretary is named “Castro”.
He’s probably Fidels cousin.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.