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I know of a couple of people in my neck of the woods that were put away for a good while, but both of them were repeat offenders (drugs) and both ended up turning up again in the neighborhood once their parole kicked in. It seems like there are no serious, long-term repercussions, no.
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"I don't know why we are here, but I'm pretty sure that it is not in order to enjoy ourselves." - Ludwig Wittgenstein |
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Located in the vicinity of 4th Street and Washington Avenue, the Courtyard Apartments at Riverview (formerly Southwark Plaza) is surrounded by Queen Village and is one of PHA’s largest developments. With a total development cost of approximately $58 million (!!!), Courtyard Apartments at Riverview (formerly Southwark) is supported primarily by $39.5 million in Major Reconstruction of Obsolete Projects (MROP) grants supplied by HUD to PHA, with additional contributions of limited partner equity proceeds and CDBG funds of $2 million. Developed by a joint venture of Southwark Development Corp., Affordable Community Housing Advocates Inc., Housing Association of Delaware Valley and the National Housing Partnerships Inc., the renovated development consists of 165 units of elderly housing in the one remaining high-rise building and 305 newly constructed townhouses, for a total of 470 units. The development was completed in Year 26. The Queen Village Neighbors Association, funded by OHCD, has been a leading force in involving PHA tenants and residents of the surrounding community in joint projects and dialogue.
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"I don't know why we are here, but I'm pretty sure that it is not in order to enjoy ourselves." - Ludwig Wittgenstein |
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Personally I think they should spend less time on Casinos and more time on quality of life issues, but I can understand a lot of people in the neighborhood being freaked out about having freakin' Foxwoods crawling up their rear end. To get back the the point, though, even if all the local NACs banded together to address the issue and put pressure on those mentioned, it would still take a lot of support from the rest of the community (a la the anti-casino effort) to force some change. Quote:
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"I don't know why we are here, but I'm pretty sure that it is not in order to enjoy ourselves." - Ludwig Wittgenstein |
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With public and private investments totaling over 1.2 dollars, PHA's "stock" is soaring! That Quote always cracks me up-its directly from PHA's own annual report. 470 units at Riverview PHA capital 1.6 million LIHTC equity 18.3 million Bonds 32.8 million Private investment 4.5 million ------------------------------------- Total 57.2 million 121,700 per unit Its a long story as to how these numbers benefit no one but the Friends of Street society, but here's a cliffnote version.... LIHTC equity loans are created by HUD through chosen corporate investers who in turn get A DOLLAR FOR DOLLAR TAX CREDIT FOR THEIR INVESTMENT!!! Not a bad return.. Mind you, this is not a deduction-its a credit, which is the equivalent of free frickin' money which usually becomes a bonus for the executives of the corporation. Meanwhile, the PHA procurs bonds, sets the rates, and guess who benefits? Many times the same people, along with some donors who get the equivalent of a "sure thing" investment. Meanwhile the property manager and PHA spend next to no money to get their feet off the ground, and also get several grants for demolition, surveys, and everything else-to the point where much of the LIHTC and bond money gets usurped into other development. Everyone is making money, and no one can do a thing since this multi-billion dollar corporation is purely controlled by Street, Blackwell, and three stooges they control. The only way to change the system in a backdoor fashion is to rewrite the PMAA(Pennsylvania Municipal Authorities Act) to force these public municpal projects to have more than a minimum of five boardmembers that oversee billions of our dollars. PHA is only one of many municipalities that operate under this antiquated concept with absolutely no input from its constituency. Its a long story, a complicated money and papertrail, and I've got a hangover from a culmination of traveling, a concert, thursday night football, and plenty of vodka from said activities yesterday. I'll try to give more detail sometime this weekend.
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Peter Cetera: Sometimes I just forget Say things I might regret It breaks my heart to see you crying |
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