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September 16, 2009

Comments

InsideBub

It would help if MHDC's application guidelines didn't actually reward developers for putting projects in low-income areas. It would also be helpful if MHDC would actually reward mixed-income projects, instead of favoring exclusively low-income projects.

Brent Toellner

Bub,

You're completely correct. Right now the federal incentives are designed to encourage this type of large, exclusively low-income projects -- which is why so many companies outside of Kansas City that specialize in these types of ventures are so interested in pursuing them...and why Kansas City must not be easy prey for them. Meanwhile, changing how we financially motivate these projects needs to be on the agenda.

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