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Poonjazzler1 7 points ago +7 / -0

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