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Wednesday, June 01, 2005

Spinning housing subsidies in Oregon

Interesting approach at Oregon Housing and Community Services to writing a report that could have been simply a dull recital of units constructed and tenants housed. It's called "Housing As An Economic Stimulus" and it sets forth three recent subsidized projects as illustrations of the notion that government housing subsidies can generate many times their cash value in local prosperity. In a politically clever step, it anticipates the suggestion that the benefits go only to disadvantaged tenants and places pointed emphasis on the additional profits to local contractors.
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(see links in right-hand column).
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