[lbo-talk] Subpriming the Neoliberal City

Doug Henwood dhenwood at panix.com
Fri Feb 8 11:57:24 PST 2008


On Feb 8, 2008, at 2:14 PM, Claire Pentecost wrote:


> This unique housing initiative was developed with the nonprofit
> advocacy group Association of Community Organizations for Reform Now
> (ACORN). FCRC has also agreed to build 600 to 1,000 affordable
> ownership units dedicated to low- and moderate-income families,
> either on- or off-site, with a minimum of 200 of those on-site.
>
>
> (And what is the deal with ACORN? are they totally corrupt now or
> really doing something here?)

Word on the street is that Ratner made some sort of, um, contribution.


> Not to focus too much on the high profile prestige projects, i'm also
> interested in how the subprime sweep is gumming up the general
> progress of neoliberal transformation of urban areas.

That's an excellent question. I'll ask around.


> And if this post is daft,

Not in the least.

Doug



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