What entitles one to subsidized housing in Hoboken?

If the electoral fraud controversy in the fourth ward special election hasn’t been enough to get the blood hot in November, the subject of qualifying for subsidized housing re: taxpayer supported housing in Hoboken certainly fits the bill.

We have police, fire and other civil servants in Hoboken eligible for the limited availability housing stock. Yet, like George Orwell’s “Animal Farm,” some animals appear more equal than others.

Church Towers like Marine View has a logjam of applicants. The recent discussion how one can live in Marine View, buy a home and live in Lynhurst, sell it and then find your way back into yet another subsidized apartment in short order appears to have struck a nerve.

One commenter noted they were on a list for eight years only to then find out their income exceeded the requirements when their name finally came up.

MSV has heard about the legendary process for subsidized apartments in the bastion of the Old Guard’s voting heart in Church Towers and Marine View as others. Being in with the players is clearly one route believed by many along with the infamous ‘key fee’ of $5,000.

Does a family of three qualify for subsidized housing at $90,000? Can one own and sell real estate assets turning a profit and still qualify?  When does a salary finally outgrow one’s right to such subsidy?  (In Hoboken, the answer is apparently never.)

Councilman Mike Russo held ownership of a condo on Monroe Street while living in subsidized housing in Church Towers as a single person. When confronted about it, he dismissed it saying it was being sold.  How is that legal to live in subsidized housing in Hoboken while having an investment property here as well?

While we’re not sure who he sold it to, there’s some question if it’s merely circulating in that strange transactional style the Russo’s move assets as they did with the Belmar shore home when the Feds came breathing down poppy Anthony’s neck.

Then like magic, the asset no longer was Anthony and Michelle’s. Presto, it’s more of that Russo magic.

Here’s the classic confrontation from 2007 with then citizen Mike Lenz and Councilman Mike Russo when the matter came up in a City Council meeting.  When you are in the Russo clan, there’s no subsidy or insider game putting money in your pocket that isn’t worth grandstanding and creating a distraction over if it’s good for business: the family business.

Councilman Russo fails to admit that he owns a property in Hoboken, gets called out for it and tries to create a ruckus to distract from that very fact. He does a pretty good job of it too.

Talking Ed Note: Let’s not have this issue degenerate into any personal attacks on Hoboken residents. However, elected officials have to take the heat. Councilman Mike Russo never did for this fabrication to the City of Hoboken.

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