In the newspaper today..Gov. spending a mi. $5 MIL to make 20 low income apartments.

Discussion in 'Politics' started by iamwhatiseem, Oct 14, 2011.

  1. iamwhatiseem
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    iamwhatiseem Gold Member

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    Yes, you read that right.
    Here is the Math.

    Cost: $5,000,000
    Result...20 low-income subsidized apts. All 1 bedroom...rent $250 per month.

    Why is it going to cost $5,000,000 you ask? At 20 apartments that is of course a cost of $250,000 per ONE bedroom apartment!!! I thought these were low income apartments right?

    Well...it is going to cost this much because it is an old small school building that has been vacant for nearly 30 years.

    Where is the money coming from?
    Hint...shovel ready.


    Just in my newspaper today.
     
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  2. Trajan
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    Trajan conscientia mille testes

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    hey, :eusa_eh: I thought shovel ready wasn't as shovel ready as we thought? * snicker snicker*....


    what state is this in Iam?
     
  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    Indiana
     

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