Millions in Affordable Housing

I don't know about you, but I'm getting tired of reading those typical affordable housing stories of subsidized apartment complexes needing millions of dollars to renovate due to the previous failing management company.  You know the story....  "The development was in danger of foreclosure if its financial and physical condition was not restored" MassHousing said in a press release.   The stories always mention drugs and crime in such places with false promises of cleaning up the crime and how much better the quality of life for low-income residents will be.  Uh-huh.
     The following article informs readers about the negligent property management company called Cornerstone Corporation. By the way,  MHFA or MassHousing previously selected Cornerstone Corporation as the 'SuperHero' management company for Clarendon Hill Towers, Rockland Place Apts., and several other housing complexes too. Since 2005, MassHousing went on another corporate partnership kick.  Can you guess the name of the newly-formed super hero Limited Liability Corporation that flew in to improve Clarendon Hill Towers and Rockland Place Apts. from 2005?  Criminal background checks anyone?*http://somervillenews.typepad.com/the_somerville_news/2009/02/clarendon-hill-towers-receives-money-to-renovate-and-refinance.html
       This Clarendon Hill Towers saga is similar to the one created for Rockland Place dba SpringGate Apts. in Rockland, Mass. that also received millions of dollars for renovations. The name of Linda Hamilton of First Hartford Realty Corp. is listed at both housing complexes too.  I guess we can only hope that around 2015, MassHousing comes up with a different story of hope for low-income tenants. The one of SuperHerosUnited LLC flying in to save our days and cleaning up crime within a couple of years is getting a bit stale. *http://somerville.patch.com/articles/police-make-prostitution-bust-in-clarendon-hill-towers