'Bidenomics': Feds Seek to Promote Commercial Conversions Into Affordable Transit-Friendly Housing — Streetsblog USA
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The federal government is going back to the future to help solve three problems: vacant office space, global warming and high housing costs.
  • Yamainwitch@lemmy.world
    5·
    1 year ago

    On paper it sounds like a great idea, realistically the government needs to actually buy the property from them or at least a share of ownership otherwise it will be exactly the same with cable companies getting subsidies to “upgrade” infrastructure only to pocket the majority and leave the tax payers in the dark. I’m so over blackrock and their ilk screwing us over at every turn

  • Franzia@lemmy.blahaj.zone
    2·
    1 year ago

    Yeah I think this is an excellent use of Federal funds. Ive heard of some of these projects, and they all seem pretty wise use of funds, and took some public feedback. Here, we’re not calling buildings blighted and knocking them down - we preserved these unused buildings for the day funding like this would arrive to repurpose them.