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$9.2M to house 30 young adults? I must have missed something but wish them well.
Obviously the rooms will be used more than once, James.
That’s $307,000 per occupant, not sure where you live Stephen, but that’s good living around Indy.
I live in Indy. Are you suggesting we allow our most vulnerable to live in squalor or without the care they need? I’m genuinely trying to understand your perspective here because it seems nonsensical. Are you concerned about the developer making off like a bandit? What’s the actual concern?
As they say in the story:
“They pitched Pando as a place for former foster care youth to stay and have immediate access to the resources needed to obtain and maintain stability—with more independence and privacy than a group home affords, and none of the time limits associated with transitional housing programs”.
“Residents have access to an on-site food pantry and staff that can get them health care, legal aid, educational and employment help, and so on. Furniture comes with the apartment, since newcomers so often “come with nothing, just the clothes that’s on their back,” said Brown, the property manager. She also provides supplies like tissues, plungers and other basic, but often overlooked, necessities.”
Do most $307,000 houses in Indy come with that level of support? This sounds like it is and will continue to be a good thing for many more than 30 people and you just had to trash it because of a price you didn’t understand. SMH.
Return on Investment eludes progressives. For $307,000 per possible occupant initially, and no explanation of future expenses, let’s hope taxpayers are not funding this.
Now your concern is no ROI? Lol watch those goalposts move!
It is helpful for readers to know your comment is pure conservatives ideological resistance and not actually anything to do with the cost. I’ll be honest, I did figure that. But thank you for clarifying for us.
I found the line where the entire thing is taxpayer funded. The project was funded with $8.4 million in Indiana Low-Income Housing Tax Credits and the $800,000 from the Indiana housing authority’s Housing Trust Fund. So I have my answer as to why it seems so very expensive.