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Building Affordable Housing In Affluent Communities

Posted by: Chris Steins
Thanks to: Chris Steins
5 November 2004 - 1:00pm

Ethel Lawrence Homes is a case study in the challenged involved in building afforable housing for poor people in an affluent community.

"After a bruising legal fight, an affluent New Jersey town has housing for the poor. But it's still a struggle to keep doors of acceptance open...

Nestled in the heart of Mount Laurel, near Philadelphia, the Ethel Lawrence Homes are one of the few places in America where affordable housing has been built specifically for poor people ... in an affluent community.

It took three decades of litigation, legislation and financial wizardry to construct these apartments, and the last tenants moved in this year. But the conflict continues. Some longtime residents remain angry, and activists voice frustration that more apartments haven't been built elsewhere."

Full Story: Home Is Where the Hurt Was
Source: The Los Angeles Times, November 5, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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