Glock: Roughly 40% of subsidized housing spending goes to soft costs
Judge Glock · Free Housing Won't Solve the Homeless Crisis. Here's What Will. · Joe Lonsdale · Mar 24, 2022 · at 29:39
Judge Glock of the Cicero Institute explains why municipal homeless and subsidized housing developments incur high per-unit costs.
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“About 40% of this money went to what's called soft costs in the construction industry. This is the paperwork, the financing, all these other little things in it.”
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