Communities, Organizations and Municipalities Drive Options to Manage Public Obstacles
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Communities, organizations and municipalities drive options to manage public obstacles Although dozens of municipalities have privatized the management of public obstacles, others have chosen to establish community land banks or manage them through trusts that guarantee affordable homes. By Damaris Suárez Center for Investigative Journalism Public obstacles are seen by some as an opportunity for real estate investment that can leave tens of tho…
Public obstacles are seen by some as an opportunity for real estate investment that can leave tens of thousands of dollars in short-term rent, long-term rent, or property resale after making improvements to it. However, in the face of the affordable housing crisis facing Puerto Rico, several initiatives have emerged that promote access to these properties for the homeless and from the municipalities where the obstacle lies.
Public obstacles are seen by some as an opportunity for real estate investment that can leave tens of thousands of dollars in short-term rent, long-term rent, or property resale after making improvements to it. However, in the face of the affordable housing crisis facing Puerto Rico, several initiatives have emerged that promote access to these properties for the homeless and from the municipalities where the obstacle lies.
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