"For example, a major city, such as Chicago, will have to analyze any racial disparities within Chicago, and Chicago suburbs will analyze their own racial disparities. In addition, Chicago and the suburbs will have to analyze any disparities as compared with each other. Thereafter, the community has to track progress (or lack thereof). The planning cycle will be repeated every five years. If the Federal Government is not satisfied with a community's efforts to reduce disparities, federal funds could be withheld..."
Consequently, a lot of the public housing can no longer be funded if and when localities do not follow up on this. Towns rezone the buildings and it gets garbled up by investors.
I manage 13 properties that are by-products of this.
Sometimes though, it’s not always rezoning. Federal regs for public housing are very strict. If you can’t keep up with REAC and inspire guidelines, they lose funding, investors eventually pull out
"For example, a major city, such as Chicago, will have to analyze any racial disparities within Chicago, and Chicago suburbs will analyze their own racial disparities. In addition, Chicago and the suburbs will have to analyze any disparities as compared with each other. Thereafter, the community has to track progress (or lack thereof). The planning cycle will be repeated every five years. If the Federal Government is not satisfied with a community's efforts to reduce disparities, federal funds could be withheld..."
Source: https://en.wikipedia.org/wiki/Affirmatively_furthering_fair_housing
"reduce disparities" being the key phrase. Big government engineering the correct and mandatory racial mix for your community.
Big Brother knows Best!
Just enough minorities to gerrymander your district blue and drive down housing value. And increase crime rates.
Also 5 years. Commies looove their 5 years plans for some reason.
That's insane!!
Consequently, a lot of the public housing can no longer be funded if and when localities do not follow up on this. Towns rezone the buildings and it gets garbled up by investors.
I manage 13 properties that are by-products of this.
Sometimes though, it’s not always rezoning. Federal regs for public housing are very strict. If you can’t keep up with REAC and inspire guidelines, they lose funding, investors eventually pull out