Lies, Lies Lies!
The media has been pushing the concept of the Garden vs the Community, regarding the “Affordable” units being created. It has been repeated over and over again that 50% of the residential units will be “affordable”. 30% from the Mandatory Inclusionary Housing (MIH) which will allow breaking of the height limits and 20% from Federal monies from HPD (87% of its money comes from Federal) and HUD.
We found out that there is NO 20% coming from Federal government. This 20% is a scam! Created by our elected officials and developer. See the letter below which came from United State Environmental Protection Agency, which states that “No Federal Funding is associated with the project [960 Franklin Ave]”. |