Why the University City Townhomes are really vanishing — and why it could happen again

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Daily News | Why the University City Townhomes are really vanishing — and why it could happen again

. In the case of UC Townhomes, a failed compromise plan offers a look at a looming problem that experts say will exacerbate the city’s affordable housing crisis and displace Black and brown residents.

Some recommendations: Give more notice than a year’s notice. Provide compensation to residents. And welcome tenants back to the new homes at guaranteed affordable rates. In the 1960s, instead of investing in government-owned affordable housing, American policymakers began experimenting with public-private partnerships that would use time-restricted subsidies.

 

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