Friday, September 08, 2006

Housing strategy suffers setback

City commissioners abandon an idea for affordable housing.

By MIKE SAEWITZ
mike.saewitz@heraldtribune.com

SARASOTA -- City leaders have been desperate for a strategy to create more affordable homes in and around the developing downtown.

But city commissioners on Thursday struck down a measure in which they placed their affordable housing hopes, after learning that a proposed density bonus plan would create only 265 affordable units downtown -- at the most.

Read the rest of the article here:

Parts of downtown have some of the most expensive real estate in the area. I wonder why they want to put affordable housing there. I agree we need a plan but is it fair to stick in one of the hottest parts of town?

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