Published August 21, 2008 07:23 pm - I am against 40 homes going up in the small space. I don’t care if they are million- dollar homes, I would be fighting just as hard.
Quaker Meadows woes not fault of low-income folks
Kelly Sabella
Hermitage
My property is next to the proposed Quaker Meadow development. Am I against low-income families? No, and most of my neighbors feel the same way.
I am against 40 homes going up in the small space. I don’t care if they are million- dollar homes, I would be fighting just as hard.
The Lamor-Valley View intersection cannot take up to 80 more cars traveling on Valley View. On average I have a five- to 10 minute-wait to pull on Lamor.
There is not enough clearance for people pulling out of the proposed development to see clearly. I do not even pull out of the top of my driveway, which will be next to the development’s driveway.
I go to the bottom where there is more clearance and even then cars barrel down. And that people will actually pull out on Route 18 and go to the turn-around is laughable. That turn-around is dangerous also.
I am also against the 15-year rental period before the homes will be sold. I want to make this clear, this is not against low income people, but making $10,000 to $25,000 a year, people will not be able to afford property taxes let alone a mortgage on a house supposedly worth $120,000 to $180,000. Banks will not lend money for that price home to that income level.
Residents. if they live there for 15 years, will get $18,000 credit toward a down payment, according to Woda Development, but this will not be enough to purchase the home. Woda is not doing this out of the goodness of their heart. They will make millions in tax credits.
The oldest development of this type built and managed by Woda is only five years old, so there is no projection of what happens to the houses after 15 years. They will have made their money through tax credits so what is to say they will just not walk away and leave it? Will we have up to 40 houses that are vacant?