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A lot of non-market housing is old and in need of repair. This initiative should help co-op boards to finance the repair and renovations that are needed to maintain their properties.
Non market housing has a place in our communities as it keeps competition for market rentals and private properties at bay. We need more non-market housing, I would argue. The purpose of this initiative appears to facilitate the construction of more social/non-market housing.
Last edited by Tapioca; 11-22-2017 at 01:01 PM.
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