Waving a yellow flag at Lehigh’s strategies

logo Latest in a series of posts about Lehigh University and the Southside logo

Gadfly,

I would raise a cautionary flag on Lehigh’s “three place-based strategies” where it calls for “area improvement through acquisition or rehabilitation.”

Each time any non-profit acquires real estate it removes that property from the tax rolls.

Then other property owners, including home owners, have to suck up and fill that real estate tax paying void that is created.

That is problematic for residents, many of whom live on fixed incomes or are lower income, and for whom maintaining their home ownership is already a difficult situation.

Dana Grubb

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s