Housing for those Caught in the Middle

According to this article in governing.com  the City of Brotherly Love is responding to the affordable housing shortage by leveraging city owned vacant land.  Philadelphia is trading the value in that land to developers who have agreed to build housing that meets the need of the squeezed out population–those making too much to afford subsidized housing, but making too little to buy into the open market.

Of course, like other cities, Philadelphia still lacks adequate housing for those at the lowest end of the wage spectrum.  But since the recession, a wider economic swath of residents in every community has been squeezed by the rising rents/stagnant wages combo.  Kickstarting the American dream of home ownership and wealth accumulation can and should happen at all levels.