I spoke to a developer in Chicago who's a close friend and said, we desperately need housing, middle income housing. What is the prospect of converting a building? He said, The older the building actually the better because of the access to windows and lighting that you don't find in the brand new buildings. I take, I take it from your reaction, we really haven't explored that McKinney Vento in any specific case yet, have we? I myself have not in my limited time, met with developers to discuss that. (03:09–03:18)
CLAIM
Asserts that older buildings are better for conversion due to window and lighting access.
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