November 12, 2003 Mixed-Income Developments: Not Interested in Low-Income Households Mixed-income housing has remedied many problems associated with other types public housing developments, but has many problems of its own. Many of the problems arise out of a dichotomy between the welfare interests of the government and the profit maximizing interests of developers. A regulatory scheme mandating consideration of governmental interests (similarly the interests of low-income households) could alleviate many problems, but it has yet to be …
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showed last 75 words of 1485 total
…with many of the interests of low-income families and governmental interests. The HOPE VI program as a regulatory scheme may alleviate some of the problems of mixed-income development, but so far HOPE VI has received mixed reviews. Mixed-income housing has provided many benefits and opportunities for low-income individuals, but there are some very important problems with such developments. A regulatory scheme could possibly prevent many of the problems, but it is yet to be seen.