A New Era For Affordable Housing

9 March 2003 - 5:00am

Competition for tax credits and incentives are turning yesterday's gray, boxy apartment into eye-catching mixed-use facilities.

"The savviest tax-credit applicants have realized that they need to do more than just build apartments. 'We now understand that we should not be building stand-alone housing projects, but instead should be creating neighborhoods,' says Judith Siegel, president of Baltimore-based Landex Corp., which has been developing affordable housing for two decades."

Source: National Real Estate Investor, March 7, 2003
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.