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2009-02-25 Home Front Economy
White backs off 'credit enhancement' with tax dollars
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Posted by Fred 2009-02-25 00:00|| || Front Page|| [3 views ]  Top

#1 I don't like this proposal at all but many "bad neighborhoods" have high levels of renters along with the occasional squatters.
Owner occupied homes are clearly the best bet for improvement.
Posted by Dogsbody">Dogsbody  2009-02-25 01:26||   2009-02-25 01:26|| Front Page Top

#2 The $444,000 proposed for the program is leftover money from a $1.5 million appropriation the city made for emergency home and roof repairs after Hurricane Ike.

Surely with all the shortfalls in collected taxes, the city can find a legitimate use for the money, like bridge and road repairs necessitated by Hurricane Ike? Putting roofs on schools?
Posted by trailing wife ">trailing wife  2009-02-25 05:58||   2009-02-25 05:58|| Front Page Top

#3 Bread and circuses for everyone!
Posted by BrerRabbit 2009-02-25 06:28||   2009-02-25 06:28|| Front Page Top

#4 Surely with all the shortfalls in collected taxes, the city can find a legitimate use for the money, like bridge and road repairs necessitated by Hurricane Ike? Putting roofs on schools?

The repeatedly selected and usual contractors for those types of work already kick into election funds. They're looking to 'buy' new votes.

Helping people move from renting to buying, they could use the same money as 'grants' to first time buyers to pay for closing points if the buyers put 20% down on the purchase. While that would be prudent assistance, the number of 'grateful' constituents is probably too small to bother with when other voting enhancement opportunities 'quietly', outside the glare of the net, present themselves.
Posted by Procopius2k 2009-02-25 08:36||   2009-02-25 08:36|| Front Page Top

#5 Any "assistance" will just cause prices to rise.

Affordability needs to rise i.e. Prices need to fall.
Posted by Bright Pebbles the flatulent 2009-02-25 10:32||   2009-02-25 10:32|| Front Page Top

#6 I think the whole RATINGS SCORE, scam should be flushed with the rest of the toilet load.
Posted by Rednek Jim 2009-02-25 15:41||   2009-02-25 15:41|| Front Page Top

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