A Letter to the Editor from Steve Willson, published here with his permission:
To the Editor:
Gov. JB Pritzker recently celebrated the opening of a new subsidized apartment complex in Alton, Illinois. An article describing the property says, “The new community spans seven acres and includes a walking path, a community building, a 2,000 square foot playground, and a 2,500 square foot play court.”
The project has 40 units and cost $20 million.
That’s $500,000 per unit.
Alton is not a well-to-do community. Looking on Zillow, I see several homes that sold there recently, one for $107,500, one for $95,000, one for $105,000, one for $61,500, and one for $94,000. To be fair, some sold for more.
But the point is that the state literally overpaid five times for these apartments.
Congratulations, Gov. Pritzker, on more massive waste of Illinois tax dollars
