Nathanial_Jones t1_j7gmqia wrote
Reply to comment by NeoLephty in Arc Tower on the agenda at tomorrow's Central Planning Board meeting on Zoom, February 6 @ 6pm by felsonj
You know I think we actually see eye to eye on most things, I basically agree 100% with all your proposals here. Housing first is the only way we're going to solve the homelessness problem, and while it's the official stance of the administration, it feels like progress is painfully slow. And seriously, hmu if you ever start a petition or something for turning ferry into a pedestrian only, that'd be the dream.
Unfortunately though, most projects require significant amounts of money, money that Newark scarcely has. Looking at schools for example, something like 80-90% of the funding comes not from Newark's property taxes, but from state and federal funding. Beyond fighting for more support from the state and federal government (which we should continue to do), that leaves the other group who controls massive amounts of capital: big businesses, as well as the more affluent crowd that will live in many of the new apartments. Big transformations will require large amounts of money. The best way forward is harnessing the resources of those forces, and using it to improve the city as much as possible, while making sure current residents get to enjoy the benefits without getting displaced. Imo better to focus on further tenant protections and getting close to real affordable housing for all than cutting off the big spigot of private capital.
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