In reality, Bill H.R. 4868 will NOT preserve SAFE, DECENT, affordable housing for low-income residents in HUD-financed housing. What makes me say this? Because, what doesn't exist, CAN NOT be preserved! For the most part, this Bill would PRESERVE and further FINANCE ghetto lifestyles. Too many multifamily properties serve as havens for criminal activities. It will preserve the victimization of innocent residents who continue suffering at the hands of politically-connected, corporate landlords who habitually act in illegal ways. Yes, this type of corporate landlord really does exist!
One example of unsafe and indecent HUD-financed housing is within the deceptive business practices at Rockland Place dba Spring Gate Apts. which is run by some anonymous individuals buried within various partnerships, hiding within conglomerate investment firms, with numerous attorneys and political campaign financiers. Could this be who Barney Frank is really trying to help with this Bill? For every worded benefit is a loophole or a lawmaker who looks the other way when conglomerate corporations violate individuals, sometimes for 10-years and longer. How dare our federal government continue to finance criminal acts against innocent citizens under the HUD programs!
It's my guess that House Financial Services Committee Chairman, Barney Frank(D-MA), is probably more concerned about PRESERVING his job. To read more about this Bill, click here: http://financialservices.house.gov/press/PRArticle.aspx?NewsID=586
Freedom can not ring in an oppressive society. This blog reflects thoughts, personal experiences, + several notes of interest on 'affordable' housing. What do you think of gov't financing nuisance properties? Rockland Place continues doing business as SPRING GATE APARTMENTS along Martha Drive + Hannah Way in Rockland, Mass. (shady business).
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