tag:blogger.com,1999:blog-951782330457966647.post589126010243231906..comments2024-03-29T10:26:49.838-04:00Comments on MOLOVINSKY ON ALLENTOWN: Broken Dreamsmichael molovinskyhttp://www.blogger.com/profile/12581039755319742687noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-951782330457966647.post-49060619227272387582007-07-16T22:27:00.000-04:002007-07-16T22:27:00.000-04:00The Morning Call did a story featuring some of the...The Morning Call did a story featuring some of the new owners of the Nic Z homes. I also heard one of the new managers at the Brew Works is buying one so we may be ok there.<BR/><BR/>Mayor P has a background in urban planning so I am sure he understands the dynamics of a healthily balanced mixed income city/community. How deep his personal relationships run and his personal sentiment around the issue I do not know. Personally, I think he realizes that the last thing Allentown needs is low-income housing. <BR/><BR/>If I were you MM I would suggest taking a look at the proposed riverfront project. People are starting to demand that a certain percentage of those new homes/condos be reserved for low-income residents. I really wonder who is behind that push. The last thing that section of town needs is even one more low-income unit. An influx of moderate/high income units would bring the neighborhood closer to a healthier balance.DBhttps://www.blogger.com/profile/10227343439146063027noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-57042647377398151832007-07-16T22:06:00.000-04:002007-07-16T22:06:00.000-04:00they are all non profit, they are all subsidized b...they are all non profit, they are all subsidized by the community block grants and separate hud grants they apply for. I believe in the last couple of years they have been paying RE taxes on their inventory. there is a project on the 400 block of north st. that is quite interesting. brand new townhouses, but you can only access to them through very narrow alleys.( which is how the block burned down in the first place) here's a rumor, fred buennules(sp) current head of the alliance for building communities, will become the new community and economic director of allentown(replacing betsy levin), then the two top spots in allentown will he controlled by advocates for low-income housing(pawlowski was former director) i would love to see the new townhouses by Nic Z owner occupied with conventional mortgages. if that happens i will credit the mayor, but i don't accept the press releases as gospel, i'll wait and check out the occupants.michael molovinskyhttps://www.blogger.com/profile/12581039755319742687noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-4245440034826256722007-07-16T21:49:00.000-04:002007-07-16T21:49:00.000-04:00If so now is the time for you to get together your...If so now is the time for you to get together your research and start making friends.<BR/><BR/>The difficulty with your thesis is that it is a bit of a chicken or egg debate. Regardless, I think your perspective needs to be heard and considered.<BR/><BR/>Under what authority does most of these non-profits operate. Which ones are government subsidized and are there properties tax exempt or tax deferred?DBhttps://www.blogger.com/profile/10227343439146063027noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-54994376764573125852007-07-16T21:40:00.000-04:002007-07-16T21:40:00.000-04:00i read articles on the different agencies and they...i read articles on the different agencies and they promote themselves as nothing less than wonderful, especially at grant time. they are sacred cows, especially in this town. butz wanted to build from 9th to the alley, but the alliance wouldn't give up their property. can you imagine a low-income housing agency on what was the former premier retailing block in the lehigh valley(valley of allentown) allentown is not that big of a city that we should have multiple such agencies. unfortunately, a consequence of the upcoming foreclosure parade is that these agencies will probably become fortified in mission and assets.michael molovinskyhttps://www.blogger.com/profile/12581039755319742687noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-81200009832146852082007-07-16T21:11:00.000-04:002007-07-16T21:11:00.000-04:00MM:Is the history of homeownership assistance docu...MM:<BR/><BR/>Is the history of homeownership assistance documented anywhere or is it just common knowledge.<BR/><BR/>I would love to read up on the issue and how their current perspective evolved.DBhttps://www.blogger.com/profile/10227343439146063027noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-65932818935502035862007-07-16T20:38:00.000-04:002007-07-16T20:38:00.000-04:00this is certainly one of my "politically incorrect...this is certainly one of my "politically incorrect" themes. I had a press conference at 4?? liberty, which the morning call suppressed. it was taken off the tax rolls about 12 years ago. one agency placed a family who defaulted. it was then given to a new agency, remodeled again, and given again. so the city received no taxes for 12 years, and the property was remodeled twice. the city itself stopped placing family's through its programs, such as homesteading, because they had no success collecting taxes or water bills. the agencies, such as the alliance, are now big business. in addition to community block grants, big corps. such as air products, etc. contribute. these agencies claim their default rate is less than national average, i believe them, because of the back up programs. nyc stopped supporting most of these programs and the end result was expanding gentrification. real estate people know there's more margin in upscale. i don't think we would have abandoned houses, there's a couple dozen private rehabbers in town. i don't think any points are given for being a long term resident. allentown could be inadvertently holding itself back through good intentions.michael molovinskyhttps://www.blogger.com/profile/12581039755319742687noreply@blogger.comtag:blogger.com,1999:blog-951782330457966647.post-17346929603607265472007-07-16T19:20:00.000-04:002007-07-16T19:20:00.000-04:00MM:This is one area I have always thought you had ...MM:<BR/><BR/>This is one area I have always thought you had a a good amount of expertise and a unique perspective. You may be onto something.<BR/><BR/>In my opinion, if you don't mind me offering one, I think you could be pretty successful toward implementing positive change in Allentown if you would focus your energy on this specific issue. Your thesis is very intriguing but I think many people may need a bit more convincing.<BR/><BR/>For better or worse, most people don't want to take a position that makes them feel like, or look like, they are attacking people who cannot defend themselves.<BR/><BR/>How can others be sure that if these local agencies were not helping people buy homes we wouldn't be living in a city filled with abandonment and vacancies. Is anyone keeping track of how many locals are helped vs. people from out of state. What are the default rates among local low-income buyers who received assistance?DBhttps://www.blogger.com/profile/10227343439146063027noreply@blogger.com