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Public housing costs more than $400,000 per unit to build [0], assuming you can find a site that the neighbors won't kill. Increase the city income tax from 1.
by closeparen 8y ago
Public housing costs more than $400,000 per unit to build [0], assuming you can find a site that the neighbors won't kill.
Increase the city income tax from 1.5% to 15%. You'd need around 9 $300k households, each contributing $45k, to build low-rent housing for one family.
[0] https://sf.curbed.com/2018/5/22/17380702/farrell-affordable-housing-construction-costs https://sf.curbed.com/2018/5/22/17380702/farrell-affordable-...