Sunday, July 26, 2009

No Income Housing

According to this story by Larry Carson in The Sun today, five tenants of the Hilltop Housing in Ellicott report having no income.

The apartment complex, which is owned by the Howard County Housing Commission, charges rents “which require residents to pay no more than thirty percent of household income, are encouraging dependence in some residents.”

So what’s 30% of nothing?


Bob O said...

I think I'll wait for freemarket to comment.

Glad I'm not the landlord there!

Bob O said...

Does this mean I don't have to pay my taxes in Howard County this year?

Sorry, I couldn't resist.

Bob O said...

Freemarket? I'm disappointed.

Freemarket said...

I'm just trying to figure out how I too can report no income.

Anonymous said...

The worst part of all of this is that if the County were a business it would charge market rents, which near Historic Ellicott City START at $1500 for a 1 bedroom. Your tax dollars at subsidies. Lets see how many people invest in a business with this model.

I'm still waiting to see how many of the people who live in Ho.Co., work in Ho.Co., and own property in Ho.Co. and thus pay Ho.Co. property taxes complain about the lack of affordable housing. I'm betting with the current economic situation they're more concerned with their own property values plummeting than with low income housing being available. And GOD forbid in their neighborhood.