Recent comments in /f/providence

SquatC0bbler t1_jd4vhki wrote

Reply to comment by Duff_Lite in Night Shift Brewery is Opening a Location in Providence Place Mall by lestermagnum

They brew great beer, and their taprooms (esp their original in Everett, MA) have a good atmosphere. Would love to have one nearby!

Also, idk if its just me, but since covid Providence Place has felt like a struggling suburban mall - a lot of the good shops and restaurants have left. This could be a good step toward its comeback.

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cowperthwaite t1_jd4kzc9 wrote

Reply to comment by kbd77 in Bill would create $50-million revolving fund to develop public housing by kbd77

Please consider a subscription. Current deal is $1 for 3 months.

tl;dr

>The takeaway: Montgomery County acts a "public developer" — meaning that HOC is building new housing on land that it often already owns, rather than simply relying on the private sector to create more units. It's invested $100 million in a revolving fund that's accelerated the construction process and is expected to produce about 1,500 units every four or five years. And it focuses on creating mixed-income housing, also known as “social housing."

https://subscribe.providencejournal.com/offer?gps-source=CPMASTHEAD&itm_campaign=2023MARMADNESS&itm_medium=ONSITE&onSuccessRedirectURL=https%3A%2F%2Fwww.providencejournal.com%2F&itm_content=CPMASTHEAD

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realbadaccountant t1_jd4d7v8 wrote

Reply to Bill would create $50-million revolving fund to develop public housing by kbd77

This is mostly a good thing, akin to UBI for a small group of means tested people chosen at random. In effect, a lottery will need to be drawn for below market rents if this ever gets built. It will help those who are selected. It will add housing. Those who are not selected will wait years because there will be nothing close to this price for anything good on the market. One thing I didn’t see the article address is what impact this has had in Montgomery County.

The real problem is more housing is needed, period. All types and all densities are necessary to address the problem at hand. Every time you see housing shut down by NIMBYs, you can thank them for existing home prices. Don’t be shocked if this gets the same treatment as Fane Tower. They’re NIMBYs of a different stripe with different beliefs, but the result will be the same - no new housing.

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