April 1, 2009
Dr. Gary Painter, Director of Research at the USC Lusk Center for Real Estate, is quoted in the April 1, 2009 edition of Commercial Property News:
More to Be Done
Commercial Property News
...The American Recovery and Reinvestment Act of 2009 stimulus package devotes significant capital to affordable housing, but roadblocks still stand and revenue-starved states and municipalities may take a step back from their affordable housing initiatives.
"States are going to have to cut somewhere," said Gary Painter, associate professor for the University of Southern California School of Policy, Planning, and Development, noting that affordable housing funds might be considered discretionary...