Do people not realize that the primary way the American federal government has financed construction of affordable housing for the last 32 years is by offering corporate tax breaks in exchange for equity stakes in low-income housing? https://www.nytimes.com/2018/01/18/business/economy/tax-housing.html …https://twitter.com/sashaperigo/status/1141107841052266496 …
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They've been pushing a 1500-unit proposal since 2017. https://www.menlopark.org/1251/Willow-Village …
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Other tech cos: Quicken owner Dan Gilbert's been redeveloping big chunks of downtown Detroit since he moved his company there. Which turned out a be a lucrative residential real estate play. Now he's getting into public housing redevelopment.https://detroit.curbed.com/2019/6/10/18660340/dan-gilbert-brewster-douglass-hud-sale …
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