Out-of-touch career bureaucrats are spending millions on "solutions" that ignore every economic trend of the last five years.
On Wednesday, I attended the Pompano Beach CRA/commission meeting.
One of the complaints about the downtown project has been that it won’t make residents’ lives better, so a proposed resolution was to dedicate $6.5 million over the course of 10 years to “bettering” the lives of residents.
The “benefits” include:
- Rental assistance in the form of first, last and security
- Down payment assistance for prospective homeowners
- Vocational training in “AI” and “tech” (Because people need a way to make money, if they’re going to get rental assistance because it’s not an ongoing subsidy)
- Tiny homes
- Small business incubator, which they’d give market rental rates to businesses in their program, so these SMBs would be businesses, like coffee shops or retailers
- Community festivals and events (Seriously? What a benefit! Especially when the majority of people won’t be able to afford to attend them!)
- Youth sports leagues
- College scholarships
Here are all the issues with these so-called "benefits."
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