Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Hahaha, the devils is in the details of this article! A non-profit housing agency was unable to remain solvent because too few people paid rent. So it was forced to evict non-paying tenants (despite promises not to do so) in an attempt to place paying tenants. Those non-paying tenants called the housing department for code violations, and the city took it to heart, and began fining the living bejezus out of an insolvent non-profit, to the tune of $88,000,000. As a result of non-paying tenants, high debt loads and city fines, the non-profit today has less than $100 in the… Read more »
That’s exactly how the story should have been written.
Low income housing programs all become a disaster. They start with beautiful new buildings, but they are destroyed in 5 years. Not the fault of the Better Housing Foundation.