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It is frustrating when developers and activists can't come to an agreement. But some projects have gone through. Jane Kim successfully negotiated 40% BMR in a f
by abalone 8y ago
It is frustrating when developers and activists can't come to an agreement. But some projects have gone through. Jane Kim successfully negotiated 40% BMR in a few cases.[1] The developers are not in the poor house as a result.
[1] https://www.janekim.org/2018/05/01/housing-that-works-for-san-franciscans/ https://www.janekim.org/2018/05/01/housing-that-works-for-sa...
- khuey 8y agoThat's because the "BMR" here is cross-subsidized by employment and much of it is for people making above the median income. This is not a solution to the housing shortage. https://sf.curbed.com/2016/2/3/10942390/inside-the-fuzzy-math-of-40-percent-affordable-housing https://sf.curbed.com/2016/2/3/10942390/inside-the-fuzzy-mat...