According to The Morning Call, Allentown developer Nat Hyman was before Palmer Tp's Zoning Hearing Board last week seeking a use variance that will enable him to convert a Crayola Crayon office building near the Tatamy Trail and Bushkill Creek into 94 one-bedroom apartments for working people. This is similar to what he has already done 40 times. and mostly in the Lehigh Valley, from Allentown to Northampton and Nazareth. He is probably doing more to provide affordable housing than any local government, often without their help and usually with some roadblocks.
Hyman's project is similar to and one mile away from the Dixie Project in Wilson Borough, where an old factory is being converted into luxury apartments at rents that most working people are unable to afford. It will attract transplants from NJ and NY who can commute and afford higher rents. It will do nothing to provide workforce housing for those who need it and will likely just aggravate what everyone claims is a national crisis.
But local government is falling all over itself to help a developer who has never done a single project in the Lehigh Valley or anywhere else, for that matter. He's on track for a $29 million TIF break and a $10 million Rcap.
Does this make sense?
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