This is a great column from @FitzTheReporter that clearly explains the drama surrounding the Mayor and Board of Supervisors' competing affordable housing ballot measures.https://www.sfexaminer.com/news-columnists/mayor-breeds-teacher-housing-plan-lacks-key-supporter-teachers/ …
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Replying to @sashaperigo @FitzTheReporter
Yeah I'm still so confused. I need to take a solid few hours this week to read through both proposals.
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The more I read about these the more confused I get
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Yeah it's a shame. I really focused this column on *why* and *how* we got to the point, politically, where there are two of these. But I was waiting until there was more analysis out there to dive into which proposal might do what.
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Replying to @FitzTheReporter @ArmandDoma and
The Chron did a nice breakdown today, but I was hoping for more independent analysis to emerge before trying to present that myself.
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Replying to @FitzTheReporter @ArmandDoma and
Because state/federal LIHTC dollars gear toward below 60-80% AMI and then there are the optics of diverting local taxpayer dollars from VLI/LI housing to middle-income affordable, it's really hard to fund deed-restricted middle-income/teacher absent some market rate, unless you
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deliberately want to take more VLI/LI dollars from the $600M affordable housing bond and move them to a higher income tranche, which is.... complicated/problematic politically, so ultimately probably not much very feasible for middle-income would come out of the supes' process...
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