CHA Approves Plan To Jump Start Stalled Redevelopment At Long-Empty Lathrop Apartments – Block Club Chicago

Comment: At a cost of $205 million for 309 units, that's $663,000 per unit. Good luck addressing affordable housing at that cost.
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Where's Mine ???
2 years ago

Not sure I got math exactly right off my cellphone (I’m lazy), but at a cost of $663,000 per apartment unit CTU/Brandons $100 mil BCH would produce a meniscal 150 apt units and his $1.25 bil bond for homeless would produce a dinky 1,880 apts!!!! CHA has a yearly budget of $1.3 bil but know pol or press ask much what all those tax $ are spent on, or are spent on alternative programs like “Move to Work”(MTW)

Last edited 2 years ago by Where's Mine ???

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