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SFGTV April 25, 2014

Program includes suburban jurisdictions and developers, and tenant advocates and a variety of other people that have more sway at the federal government level. So those resources are more likely to be there in the long term than the resources based upon the section 9. And that is another huge, huge difference. In terms of taking advantage of the situation and the realities of the situation. Its not necessarily fair. Its not necessarily just. But for us to be able to move forward we need to take advantage of that situation. The other thing that section 9 doesnt do is it has not funded any new Public Housing forever. And it has not funded any new modernization for forever. So really what the secretary was doing was saying, here guys, i will give you this tool, and this tool unlocks the access to loan Income Housing tax credits and debt financing. And why does it do that . We are creating these sort of rental assistance vouchers. The lenders a s ans and investo used to projectbased rental

SFGTV May 2, 2014

Rental assistance vouchers. The lenders a s ans and investo used to projectbased rental vouchers. In the 80s there was lots of projects with projectbased rental assistance vouchers. And in San Francisco after the 20year cycle, the lenders and the investors are very familiar with this tool. They can underwrite with this and buy credits based on it, they couldnt do that with that section 9 financing. This is part of reason this is part of the solution. In terms why we are looking at rental assistance demonstration program. And the other part, the rental Assistance Program comes with an obligation. We will talk a little about the rehab obligations and the tenant obligations. And one of the reasons, to take part of this program, you need to be obligated for 20 years. And we have to put more money and we have to increase the Housing Quality in these units. Therefore a part of this, and i wanted to answer the question about whether this is a demalatide demoliti demolition. Absolutely not. Th

Bombay HC: Minority Non-cooperating Members of Housing Society Cannot Delay Redevelopment

The Bombay High Court (HC) held that “the minority/dissenting members cannot act against the will of the majority members of the society and obstruct the redevelopment.”

Minority non-cooperating members of housing society cannot delay redevelopment, rules Bombay HC

The court further stated that they also cannot foist a delay on the builder and the society in the commencement of the redevelopment work resulting in the project costs being increased every passing day.

Zameen com lays foundation stone of Spring Arch, Box Park II in Bahria Town Phase 7

Zameen com lays foundation stone of Spring Arch, Box Park II in Bahria Town Phase 7
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