4 ms·
> What is this BS. You have to be an idiot to burn 12months for 4%. It's better than it sounds. Only a portion of the project's units need to be affordable, so
by georgeoliver 5y ago
> What is this BS. You have to be an idiot to burn 12months for 4%.
It's better than it sounds. Only a portion of the project's units need to be affordable, so you're still making market rate on the remainder.
- rasz 5y agoThat even worse :/ I thought the whole point was to build affordable housing, not make more money.