Quote:
Originally Posted by trueviking
It is very challenging to create a high performance affordable housing project, but it will happen as the hurdles are crossed.
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Thanks everyone for clarifying the whole south/north thing. Makes more sense now.
Where does the money come from for affordable housing? Or is the idea that developers will just bid for the land at whatever price will allow them to turn a profit while building something that can be rented at below-market rates?
Edit: Or can the north block just be developed for 100% market-rate rental, condo, etc without restriction, and the affordable housing is being built on the south portion?
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