Surprise. SF supervisors don't want to help mayor @LondonBreed solve the housing crisis by making the approvals process go faster for 100% affordable projects because they like discretionary power.https://www.sfchronicle.com/bayarea/article/SF-Mayor-London-Breed-struggles-to-build-14000711.php …
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The city's housing production fell by almost half last year.https://sf.curbed.com/2019/3/21/18275965/sf-housing-inventory-2019-construction-new-affordable-data …
3 replies 26 retweets 127 likesShow this thread -
So we're back here again, with rents at new all-time highs.https://sf.curbed.com/2019/6/13/18663215/san-franciso-rent-numbers-record-prices-median-graphs …
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Kim-Mai Cutler Retweeted Louis Mirante
When rents go up, an even tinier, more exclusive slice of people can afford to stay or arrive in SF. And that affects rents for even people in so-called affordable units, because their govt-restricted rents are based on AMI, or area median income.https://twitter.com/louismirante/status/1139605315937136640 …
Kim-Mai Cutler added,
Louis Mirante @louismiranteAs SF “””progressively””” restricts housing, only high wage earners can stay. This
average median income. Subsidized housing charges rent based on AMI, so rents to low income subsidized tenants
when AMI
. For a family of 4, SF AMI went up !!!9 percent!!! btwn 2018 - 2019.Show this thread6 replies 21 retweets 100 likesShow this thread -
Kim-Mai Cutler Retweeted Sam Moss
More from an affordable housing developer here. These projects typically have a complex Jenga tower of 6-7 financing sources at the local, state and federal level. A delay here or there threatens the whole stack:https://twitter.com/sammymoss425/status/1140389776182222848?s=21 …
Kim-Mai Cutler added,
Sam Moss @sammymoss425Replying to @sammymoss425 @MayaSharona and 2 othersI personally along with staff spent over a year to get the Balboa Upper Yard to the point where we could consider filing for entitlements. That’s meetings after work and on the weekend. Why do you think that’s a good thing? Why should that be something we have to do?2 replies 4 retweets 30 likesShow this thread -
Kim-Mai Cutler Retweeted
Or from a different affordable housing developer here: https://twitter.com/eparillon/status/1140770506485858304?s=21 …
Kim-Mai Cutler added,
This Tweet is unavailable.1 reply 4 retweets 25 likesShow this thread -
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