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CORRESPONDENCE - 80A
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02/21/2017
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CORRESPONDENCE - 80A
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2/23/2017 8:28:57 AM
Creation date
2/21/2017 4:20:54 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
2/21/2017
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https://www.nytimes.com/2016/03/27/upshot/growing-uo-in-a-bad-neighborhood-does-more-harm-than- <br />we-thought.html <br />In fact, the Kansas Federal Reserve argues differently than the so called "revitalizing" effects of affordable <br />housing. In the abstract: <br />"However, extended analysis that separates LIHTC developments by type and size suggests that only <br />small new construction developments and large rehab developments impact neighborhood property <br />conditions. Further analysis reveals that when the model does not control for crime, the effect of proximity <br />to LIHTC developments on property conditions is negative." <br />https://www.kansascityfed.org/publicat/reswkpap/pdf/rwpll-10 pdf <br />I hope the City does the right thing for the residents and taxpayers of Santa Ana. <br />
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