By David J. Thompson
Almost every day a Village Farms supporter (like Alan Pryor) makes unsubstantiated boasts about VF’s affordability features.
However, in particular only the words in the Baseline Project Features have legal standing. Those listed components are only changeable by the city or the developer except by a citywide vote. The Development Agreement between the City and the developer can be changed without having to go to a citywide vote.
As to Section 4 Affordable Housing there are only 9 lines in Section 4 of this 9-page legal agreement. There are no guarantees as to the pricing of any affordable for sale units nor any mention of them at all.
The false claims by VF supporters might win votes for the project but they are an empty promise of 1,000 homes starting at $400,000 to $500,000. If we had a commitment from the developer or the city of how many units will be in this sales price range that would be useful, but we do not. So the boasts of VF supporters are not substantiated but the reader is fooled.
That wording is nowhere to be found in either the Baseline Features or the Development Agreement.
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