Quote:
Originally Posted by tyler82
How many of these units are going to be "affordable" or is the developer doing what many others (shamelessly) do and put them on another low income part of town?
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My recollection is that what Chris Daly "negotiated" was 12% affordable. McGoldrick wanted 15% but didn't get it. Still, I believe the "affordable" units will all be on site and furthermore the existing tenants will be allowed to rent units in the new buildings at their existing rents (plus, I'm sure, whatever increases they could have gotten under the rent control ordinance).
What "low income part of town" are you referring to? I've been looking for a cheap part of San Francisco for 25 years.