Liberal madness!!!-----Muskegon investing in middle income housing

Muskegon investing in middle income housing:
"MUSKEGON, Mich. (WZZM) – Leaders in Muskegon say they are putting their money where their mouth is.
Tuesday night, the city commission agreed to buy nine vacant lots at the corner of Fifth Street and Houston Avenue.
They plan to build and sell some new middle-income homes on the land.
Commissioners say they are getting into the home building business because private builders aren't willing to risk putting up houses on vacant city lots.
"They seem to think that building in cornfields makes a little more financial sense," explained Muskegon city manager Frank Peterson.
 "But we don't have time for them to come along and agree with us that Muskegon is a good place to build. 
What we would like to do is prove to them it's a good place to build and let them come in on their own after we have blazed a trail for them."
The city set aside $1 million for what they call their "market rate housing initiative." 
They agreed to pay $45,000 to get all nine lots at Fifth & Houston.
The hope to sell the houses for between $135,000 and $175,000.
..."I have no doubt there is demand for market-rate housing in near downtown neighborhoods," said Muskegon Mayor Stephen Gawron. 
"We are going to show them.""