“We may need to provide assistance in the range of $100,000 to $120,000 per unit. And we envision a range of uses. It could be a group of income-restricted artists. It could be a group of folks that are looking to build a limited equity cooperative community. And it could be a group of folks that really struggle with housing types that involve hallways and elevators and other communal spaces and really would do better with their own front door," Housing Commissioner Marisa Novara said.
500 square feet for $120k– that’s $240 per sf. Has to be all union wages and the usual padding from government. If you let the private sector do this the cost would be a minimum 30% less, maybe more.
Manfred Downstate
3 years ago
If, as the president/founder of Chicago Tiny House says, $40,000 would be a “golden” amount to spend on a tiny house, I have no doubt the city will figure out a way to spend $120,000 for the same. As for the targeted beneficiaries, I can understand the starving artist motif, but I’m not sure what to make of the rest of the social worker gobbledygook: “It could be a group of folks that are looking to build a limited equity cooperative community. And it could be a group of folks that really struggle with housing types that involve hallways and… Read more »
WhoNeedsABrain
3 years ago
Dearest lib-morons, that which is not earned is never valued…. Whether housing, food, education, access to the internet, you name it, all they care about is moar! Moar freebies.
Too bad there’s no way to short this project….
Old Joe
3 years ago
I’ll bet Cabrini Green was born with similar enthusiasm.
NB
3 years ago
Even if launched by a lot of phonie progressive types, are these homes any different than “40 archers & a mule”?
Last edited 3 years ago by NB
NB
3 years ago
and meanwhile, CC & Chicago have 55,000 homes on savager sale and who knows how many 10s of thousands of abandoned properties or empty lots all of which hipster writers and university think tank types will blame on systemic racial redlining/ community disinvestment from decades ago and never-ever-never on decades of outrageous property taxes to pay for the guaranteed retire at 55 $multi-millionaire$ deals for are Tier I heroes…and in some bizarre reality now forcing folks into tiny home or storage container homes or whatever has something to do with equity?? Are their any Tier I hero retires who are… Read more »
debtsor
3 years ago
These people are so crazy they don’t even realize they are building Bidenvilles.
NB
3 years ago
or they could just work on lowering property taxes—-in the foreclosure/ bankruptcy capital of usa???? but, I guess that would mean no virtue signaling opportunities for the upper-income voter base??
as inflation induced mortgage rates hit 7%, potentially for years to come, due in large part to decades of massive fed overspending (quantitative easing) watch the cost of housing & foreclosures skyrocket…Tiny Homes and all the other “free stuff” equity hustle/ feel-good give away pilot programs are going to look like a complete joke
Zephyr Window
3 years ago
Instant ghetto housing
Goodgulf Greyteeth
3 years ago
“It could be a group of income-restricted artists”
So now we’re paying for publicly funded housing for anyone who claims they can’t sell enough “art” to support themselves.
Lucky thing that we have everything that’s truly important paid for, and have extra money laying around for starving artists.
Ex Illini
3 years ago
It will be so much easier to keep an eye on the lemmings when we pack them in tiny boxes and keep them in one place.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
500 square feet for $120k– that’s $240 per sf. Has to be all union wages and the usual padding from government. If you let the private sector do this the cost would be a minimum 30% less, maybe more.
If, as the president/founder of Chicago Tiny House says, $40,000 would be a “golden” amount to spend on a tiny house, I have no doubt the city will figure out a way to spend $120,000 for the same. As for the targeted beneficiaries, I can understand the starving artist motif, but I’m not sure what to make of the rest of the social worker gobbledygook: “It could be a group of folks that are looking to build a limited equity cooperative community. And it could be a group of folks that really struggle with housing types that involve hallways and… Read more »
Dearest lib-morons, that which is not earned is never valued…. Whether housing, food, education, access to the internet, you name it, all they care about is moar! Moar freebies.
Too bad there’s no way to short this project….
I’ll bet Cabrini Green was born with similar enthusiasm.
Even if launched by a lot of phonie progressive types, are these homes any different than “40 archers & a mule”?
and meanwhile, CC & Chicago have 55,000 homes on savager sale and who knows how many 10s of thousands of abandoned properties or empty lots all of which hipster writers and university think tank types will blame on systemic racial redlining/ community disinvestment from decades ago and never-ever-never on decades of outrageous property taxes to pay for the guaranteed retire at 55 $multi-millionaire$ deals for are Tier I heroes…and in some bizarre reality now forcing folks into tiny home or storage container homes or whatever has something to do with equity?? Are their any Tier I hero retires who are… Read more »
These people are so crazy they don’t even realize they are building Bidenvilles.
or they could just work on lowering property taxes—-in the foreclosure/ bankruptcy capital of usa???? but, I guess that would mean no virtue signaling opportunities for the upper-income voter base??
as inflation induced mortgage rates hit 7%, potentially for years to come, due in large part to decades of massive fed overspending (quantitative easing) watch the cost of housing & foreclosures skyrocket…Tiny Homes and all the other “free stuff” equity hustle/ feel-good give away pilot programs are going to look like a complete joke
Instant ghetto housing
“It could be a group of income-restricted artists”
So now we’re paying for publicly funded housing for anyone who claims they can’t sell enough “art” to support themselves.
Lucky thing that we have everything that’s truly important paid for, and have extra money laying around for starving artists.
It will be so much easier to keep an eye on the lemmings when we pack them in tiny boxes and keep them in one place.
You could house them in jail too!