Current commenter is complaining the rents are too low.
Developer says this project will help some people stay in the neighborhood who might otherwise be priced out.
Commenter doesn't like it, he wants rent to be higher. Low prices "are going to be bringing in an element...at that price point".
Developer standing their ground saying people just want a safe and decent place to live.
Kind of a moot point, this project is by-right (aside from the LIHTC element).
Developer now explaining how LIHTC works out and everyone's eyes are glazing over (and rightfully so).
Commenter ain't done! Now asking if the developer "has skin in the game"?
Turns out the developer does in fact have to put in equity on this project and provide a project guarantor.
Commenter now asking who is a homeowner in this meeting because "this is a bad project for us, great if you're a renter, but bad for us", it's going to reduce the value of our property.
Developer engaging in verbal fisticuffs and says this project IS good for the neighborhood and provide options for people who need a place to live.
Commenter clarifies that his primary interest is making sure property values and rents rise by restricting supply of affordable housing. Says project looks like it will be beautiful and good for renters, but bad for him as a property owner.
Neighborhood Association leader is very happy to call meeting to an uncomfortable end.
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Wow, has it been 2 weeks already? That means it's time for more ZOAC discussions on PARKING!
This week is a continuation of the last 2 sessions in which we have been hearing from Staff about the negative effects of parking requirements (well documented, i'd be happy to inundate you with materials). Last week there was a lot of good discussion among the ZOAC members.
First up: Peer Chacko Director of Planning & Urban Design. He says they got 3 questions broadly: 1) Should parking mins be eliminated?
Hurray, it's Thursday and that means ZOAC is discussing PARKING!
Last time on ZOAC LIVE! Dallas City Staff engineered a major coup by organizing a host of City department heads to tell the ZOAC members that parking requirements make their jobs harder.
In other handy context, Transfers Magazine just released a study on the effect of reduced parking requirements on what actually got built in Seattle. transfersmagazine.org/magazine-artic…