December 17, 2008 – 10:29 pm
Minvilla is a marriage of historic preservation and affordable housing. Some people think that’s a bad marriage, because the cost is too high. Just last Monday, for example, several Knox County Commissioners raised the issue of per-unit cost, saying that ~$123,000 per unit is an outrageous amount of money to spend to rehabilitate a building [...]
December 3, 2008 – 8:21 pm
People sometimes ask us, “Why not take this money and spend it to purchase already-existing apartments and other properties and turn them into PSH developments? This would certainly be cheaper, and we could house more people faster this way. Why don’t we abandon Minvilla and do PSH somewhere else?”
These are fair questions. Minvilla is expensive [...]