I guess it’s true that you just can’t make some people happy. I think Alan Klein falls into that category.
In this story by Larry Carson in yesterdays Sun, Greg Hamm, the General Manager of Columbia for General Growth Properties, unveiled a program that would dedicate a full 20 percent of the proposed 5,500 new residential units in Town Center to limited income families. Ten percent of those units would be set aside for families making less than $80,000 with the other ten percent going to families making less than $120,000. GGP is also proposing that approximately 200 rental units in the redeveloped Town Center “would be designed for shared use by students, hospital workers and retail and commercial workers.”
While many local affordable housing advocates praised the GGP plan, Alan Klein, spokesman for CoFoDoCo, was quoted as saying “The 20 percent…feels way too small.”
Alan further defined families making more $120,000 per year as “the wealthy few.”
What planet does he live on?
I wonder if any typical family in Columbia with a household income of $120,000 sees themselves as being wealthy.
I seriously doubt it.
I suppose Alan is just continuing to play the role of contrarian in the debate over the future of Columbia’s Town Center.
The 20 percent allocation seems pretty generous to me. More important it appears to be achievable thanks to GGP’s innovative funding mechanism. GGP is proposing to create a new non profit housing agency that would be funded by impact fees on new buildings in Town Center as well as surcharges on commercial and retail tenants in Town Center.
Twenty percent of the 5,500 new residential units equates to 1,100 new limited income housing units. This further equates to 220 units in each of the five new proposed Town Center neighborhoods (Symphony Overlook, Warfield, The Crescent, Merriweather, and The Lakefront).
I believe Alan Klein lives in the Hobbits Glen neighborhood in Columbia. How many limited income housing units are there in that neighborhood?