Condo owners oppose rental housing funded by tax credits (WI)

Condo apartmentInterior 3

By Deborah Goonan, Independent American Communities According to a report in Kenosha News (WI), about 40 homeowners in Creekside Crossing Condo Association are protesting new development that will include rental apartments. Owners say they want to keep their pond view, and fear that seven 120-unit apartment buildings will lower their property values. Condo owners at the meeting are also dead set against low-income housing, because they fear it will bring more crime to their neighborhood. Continue ReadingCondo owners oppose rental housing funded by tax credits (WI)

NH real estate developers favor new Housing Appeals Board

By Deborah Goonan, Independent American Communities Across the U.S., an “affordable” housing policy war brews between suburban homeowners and promoters of New Urbanism.” For readers who aren’t familiar with the terminology, the international organization, Congress for the New Urbanism, defines the concept as follows: New Urbanism is a planning and development approach based on the principles of how cities and towns had been built for the last several centuries: walkable blocks and streets, housing and Continue ReadingNH real estate developers favor new Housing Appeals Board

Condo ownership not so affordable in Darien (CT)

piggy_bank-affordable-housing

By Deborah Goonan, Independent American Communities According to an article in Darien News, owners of 30 units at Clock Hill Condominiums can barely afford to pay their condo and land lease fees, as they struggle to maintain their common property. Condo owners pay $70 per month to lease land from the City of Darien, and an extra $300 per month in condo association fees for maintenance. Most of the residents are living on Social Security Continue ReadingCondo ownership not so affordable in Darien (CT)

HOA Issue #11: Political influence of real estate developers: the heart of the HOA beast

By Deborah Goonan, Independent American Communities   Real estate developers figured out a long time ago how to exert political influence over government officials and housing policy makers, from the local to the federal levels. For the past three years, IAC has provided more than 1,000 posts citing thousands of references to prove a point: The U.S. housing market is not determined by public need or consumer demand, but instead is heavily influenced by interested Continue ReadingHOA Issue #11: Political influence of real estate developers: the heart of the HOA beast