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Programs like San Francisco's Local Operating Subsidy Program would not be necessary if the affordable properties covered had higher technical quality (which sh
by renewiltord 2y ago
Programs like San Francisco's Local Operating Subsidy Program would not be necessary if the affordable properties covered had higher technical quality (which should translate to lower maintenance costs). The fact that LOSP coverage can go up to 100% of affordable housing operating cost indicates that higher spending is not improving technical quality - if quality were superior, no subsidy to operate would be required.