For this article wanted to discuss something most of you may not even be aware of even though it is happening right here in the southern part of Temecula. In a January city council meeting they did the final vote for a change in part of the Temecula Lane development. Originally developer D.R. Horton was suppose to build 85 units for moderate income households however according to their sales office they were unable to qualify people at their previously high prices and therefore decided to GIVE the city 11 units completely free in exchange for being able to sell the other 74 units to whomever they choose at whatever price they can. Please understand knowing politics and knowing how cities work in relation to allowing changes this would normally not bother me however you must understand this location was originally zoned for commercial then they got the change to residential (condos) with this guarantee of providing moderate income housing and now the builder has slid this under our noses by bribing the city so they can make an even larger profit. It could easily be believe this builder knew exactly what they were doing by not allowing these moderate income homeowners the lower price which they should have done and instead “purposely” did not give in knowing they would not be able to get rid of these homes, now bribing the city so they can make an even larger profit on this same land. City states they will be evaluating the best way to maintain these properties and get them ready for the low-income earners as originally agreed upon by their 4-0 vote (one member was not present).
How can you run this wonderful city of Temecula and yet make such bad decissions? This has to be the worst I have seen in a while from any city let alone Temecula. They should have seen from the beginning that the developer purposely not pricing these homes so moderate income buyers could purchase them.
Either way that is behind us and hopefully that developer will just finish their build out and move on. With another note they do have some very low prices now that they get to keep the profits instead of sharing anything with the city.
Anyone else's insight on this would be greatly appreciated, so feel free to comment.
Serving with Honesty & Integrity!