Peter Naughton and I spent the past four days working on affordable housing (AH) in California between LA and Las Vegas, which is only 50 miles from the CA border. Weve been working on AH for 20 years since we started a now-permanent 501c3 charity to promote it, but weve been busy with other things and never spent much time on it, so its still tiny. Also never wanted to become like all the other so-called affordable housing (SCAH) promoters we kept running into. They seemed to specialize in having highly paid huge staffs and boards peopled by former planning directors, financial organization officers, developers, and people of that ilk. They also seemed to specialize in getting grants and funding from governments, but building very little housing considering how much money they got. We started the charity b/c we saw what a fraud those people were. After all, if they really built AH with the millions they receive in funding, waiting lists wouldnt be 3,000 people long, as they are everywhere in the US. The number of homeless people wouldnt keep getting larger. The number of people unable to afford living anywhere but in their cars, who often are not even counted as homeless, would also not keep growing. We know some of those people, and we know they arent counted and they know they arent counted b/c they never tell anyone they are homeless, they have sets of clean clothes in their lockers at the Y, they stay clean and presentable, but they have been homeless for years. Anyway, the reason I am sharing this here on Residocracy is the AMAZING fraud in SM, the worst I have seen, about SCAH. The Citys partner in this crime, CCSM has a requirement that in order to fill out an application you must make more than $1400 a month. This is just beyond belief, from an organization claiming to run AH. Then the next requirement that you have a FICO score good enough to qualify to buy a house really is the cherry on top. I found this application for AH, which shows you what REAL AH is. Upper income limits, but no floor. Credit has to show income of twice the rent. TWICE, not three times like CCSMs, OR a history of paying that much rent with that much income. The rents are low enough for people making that income to have twice the rent, as a one-bedroom for people at 40% of the Area Median Income is $382. Look at CCSMs rents to contrast that. AND you fill out an application and they are processed in order received, not put on a priority basis on the best qualified--which turns out to be the highest incomes--the way CCSM does it. This is what you find out when you study a subject. The way we are lied to in SM requires this kind of study to find the truth. salinasgateway.org/files/2012/07/Salinas-Gateway-Application_May2013.pdf
Posted on: Sun, 23 Nov 2014 01:20:51 +0000
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