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7-2b-1997 0:07AM FROM MSP REAL ESTATE. INC. 612 336 4565 P. 8 <br /> • <br /> • <br /> • <br /> • <br /> • Mr. Jeffrey.R. Huggett • <br /> July 24,,1997 <br /> • •Page•Two <br /> I have attached an article from.the January 1996 issue of the•Appraisal Journal that deals with <br /> •this very issue. The conclusion of the-author is that well-managed low-income properties <br /> •have no•measurable impact on nearby property values. • . <br /> • <br /> • • Z ick you for the opportunity to comment on this issue: •Please feel free to call me if you • <br /> ... <br /> t_• have.any:additional questions. <br /> • <br /> Sincerely; • <br /> • MARDELL AMUNDSON JOHNSON•&LErRNESS,INC. • . • • • <br /> • <br /> . #. 11v_eso,at:),4,400e . . • <br /> Michael F. Amundson,MAI . • • • • •• <br /> .• Principal . <br />