Comments on: Sacramento redevelopment alive and thriving https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/ Tue, 25 Sep 2012 16:57:52 +0000 hourly 1 By: Bob R https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/#comment-25075 Tue, 25 Sep 2012 16:57:52 +0000 http://www.calwatchdog.com/?p=32221#comment-25075 I might be able to stomach the high costs for doing all that retrofitting stuff for a “historic” old building. Many cities pride themselves on spending a few extra bucks to preserve old structures & honor their past. But I have to draw the line on these excessive per-unit rehab costs for affordable housing in the city center. I’m fine providing housing for working folks so they can be close to their low-paying jobs. But this doesn’t make much sense. As long as we have other parts of this state with a glut of taxpayer funded affordable housing projects in RURAL areas, we should think long and hard about whether people who aren’t working (sorry, seniors…) need to stay in high-cost areas in high-cost units on the taxpayer dime. Sorry to sound harsh; but that’s just reality. The piggy bank is pretty empty these days.

]]> By: Hondo https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/#comment-25074 Thu, 20 Sep 2012 16:09:38 +0000 http://www.calwatchdog.com/?p=32221#comment-25074 Or we could do what sheriff Joe does down in Arizona. Let the homeless live in tents and cots for free. Or let them stay at the Kings stadium and clean up the place after the games.
Hondo……

]]> By: Hondo https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/#comment-25073 Thu, 20 Sep 2012 15:53:38 +0000 http://www.calwatchdog.com/?p=32221#comment-25073 Thanks Rex for making my point. Also you have to balance the costs of renovation versus demolition. As a former firefighter I know many of these old buildings are fire traps with no fire stops in the walls and poorly designed escapes. I could go on for another 2000 words but to shorten it I’ll say it is so much cheaper to tear the building down and put up a new one with all the modern bells and whistles and fire improvements.
Historic preservation should be more cost effective or scrapped.
Hondo…….

]]> By: Rex the Wonder Dog! https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/#comment-25072 Thu, 20 Sep 2012 08:08:26 +0000 http://www.calwatchdog.com/?p=32221#comment-25072 Isn’t that special… it should be after SHRA spent $316,000 per unit to renovate the hotel into Section 8 housing.

When I was a commercial RE broker back in the 1990’s we were selling bank owned apartments at $7K-$15K per door, the buyer would spend anywhere from $1K-$15K renovating the units and would have a fully renovated, prime, sweet units for $30K or less. AT the same time the local muni was building “affordable housing” at $135K per unit.

]]> By: NTHEOC https://calwatchdog.com/2012/09/19/sacramento-redevelopment-alive-and-thriving/#comment-25071 Thu, 20 Sep 2012 03:26:12 +0000 http://www.calwatchdog.com/?p=32221#comment-25071 I’m so glad I live NTHEOC!!!!!!! That’s “ORANGE COUNTY”!!

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