West Elmwood Housing has to be the dumbest developer on the planet, or the smartest.
When they began the project, they had $815,000 to spread around to all of the 11 homes on the site. They chose to subsidize the easiest to sell leaving the homes right on Rt 114 with no subsidy money at all. Was that dumb, or smart?
It appears it may have been a calculated move (who could be that dumb) where West Elmwood had friends in the Barrington Housing Board of Trustees who knew ahead of time they would raid the Spencer Trust for the remaining money. The problem for the Trustees was that the raid was discovered before it took place. It was halted.
The Trustees then turned to the CDBG money with hope that they had friends on the town council. They had only two friends, and needed three.
Thank goodness for the good judgement of councilors Coyne, Strong, and DeWitt.
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