Session 1: Saturday, June 2nd: 10:00 - 11:50am
Marcuse, Peter. 1978. The Myth of the Benevolent State..
Progressives are sometimes fooled by governmental programs that offer to solve social problems, including the provision of affordable housing. Historically, FDR's New Deal and LBJ's Great Society did hand out billions of dollars and, for a time some people benefited, but some claim the money would have been better spent if it were just given away in grants to those deserving low income housing. The panel identifies an innovative use of community land trusts to permanently provide affordable housing, by leveraging mixed income and commercial rental of CLT-owned land to sustain availability of the majority of units for tenants at 60% of AMI.