Comment 34127

By UrbanRenaissance (registered) | Posted September 25, 2009 at 14:37:30

"keep in mind, there is a BIG difference between subsidizing a developer and loaning out money that is repaid within 10 years. "

Exactly jason, I live in a building that would still be a parking lot if it weren't for this program, and since it was vacant and is now full of new downtown residents it also qualified for a 5 year tax rebate for any of the first unit owners. Hopefully this new owner gets the job done and finishes what I imagine will be great new living spaces downtown.

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