The current manager of Rockland Place had little difficulty blazing the path while serving as head-of-maintenance. Since promoted to property manager by Cornerstone Corp., and retaining that position under First Hartford Realty, her torch has been laid to rest and her spark extinguished.
Vandalism and other crime continues at the HUD subsidized Rockland Place Apartments dba Spring Gate in Rockland, Mass. with little or no consequences to perpetrators. Why the leniency in compliance of laws and lease agreements? Why are there still no promised security cameras installed in common areas, even after corporate owners received millions in grants and tax credits?
I just finished viewing some video about ACORN from the website: http://biggovernment.com/ It's definitely amazing video. It reminds me of how our government provides funds for the corporate partners at Rockland Place Apts. no matter how badly mismanaged. Illegal acts continue to go unnoticed or minimized by management and other authorities. Will those convenient blindfolds ever wear out?
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).
Tuesday, September 15, 2009
Saturday, September 12, 2009
Diversified Ties
Nuveen Diversified Dividend & Income Fund (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide high current income and total return by investing primarily in a portfolio of dividend-paying common stocks, securities issued by real estate investment trusts (REITs), debt securities and other non-equity instruments that are issued by, or that are related to, government, government-related and supernational issuers located, or conducting their business, in emerging market countries (emerging markets sovereign debt and foreign corporate bonds) and senior loans.
The Fund’s portfolio includes real estate investment trust common stocks, common stocks, emerging markets sovereign debt and foreign corporate bonds, variable-rate senior loan interests, corporate bonds, convertible bonds and short-term investments. It invests in various industries, including real estate, media, metals and mining, diversified telecommunication services, aerospace and defense, tobacco, household durables, containers and packaging, diversified financial services, thrifts and mortgage finance, commercial services and supplies, and oil, gas and consumable fuels. The Fund’s investment manager is Nuveen Asset Management. Nuveen Asset Management has entered into sub-advisory agreements with NWQ Investment Management Company, LLC, Security Capital Research & Management Incorporated, Symphony Asset Management, LLC and Wellington Management Company, LLP.
* http://www.reuters.com/ ** http://www.secinfo.com/
The Fund’s portfolio includes real estate investment trust common stocks, common stocks, emerging markets sovereign debt and foreign corporate bonds, variable-rate senior loan interests, corporate bonds, convertible bonds and short-term investments. It invests in various industries, including real estate, media, metals and mining, diversified telecommunication services, aerospace and defense, tobacco, household durables, containers and packaging, diversified financial services, thrifts and mortgage finance, commercial services and supplies, and oil, gas and consumable fuels. The Fund’s investment manager is Nuveen Asset Management. Nuveen Asset Management has entered into sub-advisory agreements with NWQ Investment Management Company, LLC, Security Capital Research & Management Incorporated, Symphony Asset Management, LLC and Wellington Management Company, LLP.
* http://www.reuters.com/ ** http://www.secinfo.com/
Thursday, August 27, 2009
Benefit for 3-year-old Girl with Brain Tumor
Third Annual Elizabeth’s Motorcycle Run took place Sunday afternoon at Players Sports Bar and Restaurant, VFW Drive, Rockland.
TO DONATE: Sovereign Bank in Randolph
c/o Elizabeth Taylor Kulikowski Fund
301 North Main St., Randolph, MA 02368
All proceeds to benefit the Kulikowski family.
TO DONATE: Sovereign Bank in Randolph
c/o Elizabeth Taylor Kulikowski Fund
301 North Main St., Randolph, MA 02368
All proceeds to benefit the Kulikowski family.
Wednesday, August 26, 2009
Playing with Fire
Monday, August 24, 2009, around 10:45pm: Rockland firefighters quickly responded to another fire alarm at 100 Martha Drive, Rockland, MA. Kids were loitering in the first floor hallway before the alarms sounded. According to the fire dept. it smelled like candles had been burning. Property management was notified again. (See July's incident.)
Some parents and management have not done enough to resolve this ongoing problem. Good fire prevention measures NOW, may save another Rockland Place child from becoming scorched. Promised security cameras installed in common areas would deter some fire setting and other crime. Hopefully, property owners will install them before they have to collect
on fire insurance policies again. This reminds me of one of the laws these Lessors violated: Chapter 186, Section 21. (Several of our good photos showing fire setting and other violations have mysteriously vanished from this blog.)
on fire insurance policies again. This reminds me of one of the laws these Lessors violated: Chapter 186, Section 21. (Several of our good photos showing fire setting and other violations have mysteriously vanished from this blog.)
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Thought for the day: More tax dollars for badly-run multifamily housing developments won't help those in need of safe, decent, affordable housing.
Thought for the day: More tax dollars for badly-run multifamily housing developments won't help those in need of safe, decent, affordable housing.
Friday, August 21, 2009
HUD Plagued with Indecent Housing
The scandal-plagued government agency that oversees housing spends more than $12 million a year to illegally provide homes to thousands of lifetime registered sex offenders, many convicted of raping children.
Although Congress banned federally subsidized housing for serious sex offenders more than a decade ago, the Department of Housing and Urban Development (HUD) still gives the taxpayer-financed perk to about 3,000 serious sex offenders banned by federal law from receiving it.
Scandal at HUD, is hardly a novelty. * Read more details on The Judicial Watch Org. blog.
Although Congress banned federally subsidized housing for serious sex offenders more than a decade ago, the Department of Housing and Urban Development (HUD) still gives the taxpayer-financed perk to about 3,000 serious sex offenders banned by federal law from receiving it.
Scandal at HUD, is hardly a novelty. * Read more details on The Judicial Watch Org. blog.
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Wednesday, August 19, 2009
Shares, Hedge Funds, and Subsidized Profits
Before and during government-funded renovations, Rockland Place residents were deliberately misled by corporate partners and management as to all parties involved with the 'new' ownership of this subsidized housing complex.
*Boston Capital Property co-founders Manning Collins created estate ... Boston Capital Tax Credit Funds have raised in excess of $4.8 billion in equity, from over 88000 investors. Its NASD registered broker/dealer. http://www.propertydir.com/Real_Estate_and_Property/Real_Estate_Manage…
**SEC Filings-BostonCapital-Individual Investors/Boston Capital Tax Credit Funds offer individual investors and corporations strategy for reducing taxes dollar-for-dollar.* htps://investorcenter.bostoncapital.com/static_pages/taxcreditfund/productoverview.html
*H3222_Boston Capital Customer ProfileBoston Capital Tax Credit Funds: a vehicle whereby federal housing tax credits be used by investors in affordable housing, to ... ://www.emc.com/collateral/customer-profiles/boston-capital-corp.pdf
Sunday, August 16, 2009
Special Interests in Government - videos
President shifts focus to renting, not owning - The Boston Globe
Using $4.25b to build affordable housing - August 16, 2009
Posted using ShareThis
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See and hear what Barney Frank really said (contradiction to what he said in The Boston Globe) : http://www.youtube.com/watch?v=ill-YnbGiaY ******
Investing more tax dollars in affordable housing doesn't always benefit the less fortunate. This is far from what HUD and politicians promise Americans! Watch corruption -
/www.youtube.com/watch?v=85xQ_qAsVTc&feature=related
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Has our country been underhandedly sold out? Who is really running our government?
http://www.youtube.com/watch?v=EsxN0DpFFOs&feature=related
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Using $4.25b to build affordable housing - August 16, 2009
Posted using ShareThis
**************************
See and hear what Barney Frank really said (contradiction to what he said in The Boston Globe) : http://www.youtube.com/watch?v=ill-YnbGiaY ******
Investing more tax dollars in affordable housing doesn't always benefit the less fortunate. This is far from what HUD and politicians promise Americans! Watch corruption -
/www.youtube.com/watch?v=85xQ_qAsVTc&feature=related
*************************************************
Has our country been underhandedly sold out? Who is really running our government?
http://www.youtube.com/watch?v=EsxN0DpFFOs&feature=related
******************************************
Wednesday, July 29, 2009
CH-CH-CH CHANGE$
Effective August 1, 2009, Change 3 to HUD Handbook 4350.3 Rev. 1, makes numerous clarifications and changes regarding income, live-in aides, and pensions. It completely revises Chapter 9 (Billing and Special Claims) for property owners to comply with TRAC 202C requirements. Actually, I have to wonder why HUD bothers to change any rule or regulation when they lack enforcement. Perhaps President Obama will need to appoint a Czar to enforce HUD Regulations? (wink)
Low Income Housing Tax Credits (LIHTC)
Read about the new income limit provisions from H.R. 3221 - HERA.
Low Income Housing Tax Credits (LIHTC)
Read about the new income limit provisions from H.R. 3221 - HERA.
Sunday, July 26, 2009
Spring Gate Specials
MONDAY, 7-27-09 from early afternoon through evening hours: Officials from Rockland Police, Sheriff's Dept., Bureau of Criminal Investigations (BCI), and State Police inside building 81 Hannah Way to investigate another crime on this subsidized property. Still, this corporate landlord has not kept promises to install security cameras for crime reduction.SUNDAY, JULY 26, 2009
12:00am: Police called for attempted break & enter at 91 Hannah Way. Locked bedroom window to first floor apartment pried opened from outside while resident inside.
9:45am: Police were called to 191B Martha Drive concerning a child, approximately 1-yr.-old, wandering alone in the common areas of Spring Gate Apts.
9:50am: Fire dept. and maintenance called due to a faulty smoke detector at 187D Martha Drive.
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