More broadly across the region, investors were digesting mixed economic developments from the U.S. on Friday.
Now, real estate income properties like Mixed Use Developments, Strip Malls, Single Use Leased Properties, Office Buildings, etc.
Thus far, researchers have found little evidence of improvements in the schools serving children living in mixed-income developments.
The share of residents moving back to the mixed-income developments will probably increase as more projects are completed.
This would still demolish 11, 000 public-housing units, but it would also improve existing housing and build new mixed-income developments.
And mixed-use developments, with apartments over corner shops, mean people don't have to get in the car for every errand.
But public housing residents say mixed-income developments provide too little housing for them and do not address their immediate housing needs post-Katrina.
When the plan is completed, supposedly by 2015, the city will have redeveloped 25, 000 public-housing units, with 7, 697 built in mixed-income developments.
If he wants to scapegoat Congress and the Federal government for shorting cities on housing, Bloomberg has an immense repertoire to choose from: the flat out failure of foreclosure policies, anti-urban transportation funding, lending that stifles mixed-use developments, and so on.
The Department of Housing and Urban Development, which funds subsidized housing, is demanding that Galveston build 569 low-income units as part of mixed-income developments, not old-fashioned projects or risk losing more than half a billion dollars in storm-recovery funds the city needs to rebuild infrastructure, such as a water-treatment plant, roads and sidewalks.
Now, under Mayor Emanuel, the city continues to offer thousands of dollars in incentives to sell away the units. (And the latest round in the plan is focused, I believe ever so woefully, on promoting homeownership rather than renting.) The pace of filling up the mixed-income developments has been chronically slow.
Multiple mixed used social and commercial developments designed to be affordable and professional could help to reintegrate a population that has grown accustomed to gated communities.
Few developments were hit harder in the real estate crash than this mixed-use project in the desert 20 miles southeast of Las Vegas.
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