SF supes always want more money for affordable housing but they don’t care whether that money gets put to work efficiently or effectively. A single neighbor can file an appeal for ~$600 that ties up a project for months or years.https://twitter.com/LondonBreed/status/1148301584507346944 …
-
Show this thread
-
Replying to @kimmaicutler
This is kind of silly. One project was delayed 46 days, another 101 days. It’s likely that funding them took a lot longer than this. It’s offensive that people oppose low-income housing, but a Charter Amendment is a bit much.
4 replies 1 retweet 4 likes -
Replying to @AlisonB916 @kimmaicutler
this is my basic question. requiring discretionary review of every project is crazy, but i don't understand why addressing that requires a charter amendment?
1 reply 0 retweets 2 likes -
Replying to @upwithppl @AlisonB916
because the appeals process is embedded into the charter.
3 replies 0 retweets 19 likes -
Replying to @kimmaicutler @AlisonB916
that's what i was wondering. which is also insane
1 reply 0 retweets 3 likes -
Replying to @upwithppl @AlisonB916
If you're tied to a grant or tax credit deadline, an extra few months here or there could totally fuck up your fundraising stack. Like Berkeley's teachers want teacher housing to be eligible for the city's bond money this year
1 reply 0 retweets 9 likes -
Replying to @kimmaicutler @AlisonB916
but if they miss the first tranche of bond money, they'll probably have to wait another 2 years for the next tranche of bond money. There's a lot of dependencies built into the stack when you have 6 or 7 funding sources.
3 replies 0 retweets 5 likes -
Replying to @kimmaicutler @AlisonB916
I’m guessing there’s going to be no compromise wherein greater affordability mandates and a DR ban are combined?
1 reply 0 retweets 1 like -
Replying to @uhshanti @AlisonB916
this is just for 100% affordable housing projects. I'm sure if people eventually wanted to go a similar route on other types of projects, then people could negotiate that.
1 reply 0 retweets 8 likes -
Replying to @kimmaicutler @AlisonB916
the definition of 100% affordable is dicier in Breed's proposal than that of the supes', which I prefer, except for the DR part, which is why I'm asking
3 replies 0 retweets 2 likes
Again, this is complicated. How much public bond money do you want to eat through to achieve that goal, knowing that the city has only ever raised $410M in affordable housing bond money in its history? (This chart was for Balboa Park).pic.twitter.com/0HXhOmUEWc
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.