A couple have backed a housing partnership by opening the door to top officials from the scheme.
The whole genesis of the housing partnership was economic, not philanthropic.
The housing partnership bought the land in 1999, planning to build 43 attached condominiums.
And even they point out that housing partnerships, however logical, might not work in practice, or even get into the discussion stage.
The Housing Partnership did not take part in the affirmative-action program.
To handle the higher cost, the housing partnership must find additional public subsidies and combine them with more financing from the homeowner.
A contractor, Murtha Construction, was brought in by the housing partnership to do the work.
Forty 1,250-square-foot town houses are to be sold at the market rate, about $375,000, according to Peter Elkowitz, president of the housing partnership.
The usual income range of eligibility for new houses built through the Housing Partnership on city sites ranges to $53,000 a year.
The rentals were restricted to low-income elderly tenants, selected from a list approved by the housing partnership.