Sr. Vice President at Brinshore Development
By: Diane Benjamin
Another lesson in how screwed up our country is:
The City of Bloomington has 100+ year old sewers. Quality of Life spending has taken priority over essential services for so long that there is no money to replace all the crumbling infrastructure.
So, who has money? The Federal government, who is now over $18 trillion in debt. Some how they still find money to fund local projects. They ship money out under a program called Community Development Block Grants (CDBG). Monday night the Bloomington City Council will approve applying for this years grant, just like every other year.
See page 132 (pdf page number, the actual pages aren’t numbered) http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=8389
Infrastructure and Public Facilities $ 287,000.00 Sewer/water upgrades on N. Catherine. Will allow for the new construction of a fully accessible rental property by Brinshore Development and service hook-up for low and moderate income households on the block.
So who is Brinshore? The same Chicago group that bought 26 local properties with a State grant funded by the Federal Government: https://blnnews.com/2014/10/08/local-low-income-housing/
To recap: Affordable Housing can’t be achieved without funding from the Federal Government so a Chicago Developer can build here.
If the project was anything more than redistribution of wealth, the private sector would have jumped on it by now. Will the rent be subsidized? How many units are they planning to build? Who is going to live there? Have the neighbors been informed? Does the City care what they think?
Don’t ask, it’s free money.