[Mpls] Star Trib LRT part I

[Sean Ryan]

>From the the Star Tribune:

http://www.startribune.com/stories/462/4702926.html

"Meanwhile, Victoria Heller, a longtime property owner in the 
Cedar-Riverside area, has criticized the city for pushing the Riverside 
Station development. She said the affordable-housing development is an 
example of a project overindulged with subsidies: "Eleven [mostly public] 
funding sources!" stated Heller, who owns the land near the rail station 
where the project would be built. "This is outrageous!" she said adamantly.

But Riverside Station's proximity to light rail may help it win public 
money. The Twin Cities Housing Development Corporation, the nonprofit group 
that is a co-developer, is making sure potential funding sources know its 
proposed location."

Interesting article, I'm still undecided on the whole subsidy issue though.

Sean Ryan
Audubon- Far Far away from LRT

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