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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    1. Kim-Mai Cutler‏Verified account @kimmaicutler Feb 1
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      Kim-Mai Cutler Retweeted Ted Wang

      Santa Clara County did a $950M homelessness bond in 2016. Some results:https://twitter.com/twang/status/1223692801491136512 …

      Kim-Mai Cutler added,

      Ted Wang @twang
      Replying to @kimmaicutler
      On a postive note, this is a photo of the terrace of an ELI housing development just opened in San Jose, financed by Measure A dollars. 84 units. Built by @pathpartners. There are solutions! pic.twitter.com/hDbOLZJ4Eg
      3 replies 6 retweets 42 likes
    2. Ryan Bethencourt‏Verified account @RyanBethencourt Feb 1
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      Replying to @kimmaicutler

      So that works out at about $11m per built apartment although I'm assuming other units were built with that $950m? It's mind blowing how stark the actions of what California politicians say that they only want affordable housing and what they do, block all housing inc affordable

      3 replies 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler Feb 1
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      Replying to @RyanBethencourt

      No. That’s bad math. https://www.sccgov.org/sites/osh/HousingandCommunityDevelopment/AffordableHousingBond/Pages/2016Measure_a_progress.aspx …

      12:28 PM - 1 Feb 2020
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        2. Ryan Bethencourt‏Verified account @RyanBethencourt Feb 1
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          Replying to @kimmaicutler

          Okay so in the proposal it's roughly $200k per new unit (my assumption is most are just partially subsidized) with $950m for 4.8k units, do we know how many were built? This is just for curiosity as I know very little about the affordable housing industry

          1 reply 0 retweets 0 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler Feb 1
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          Replying to @RyanBethencourt

          $200K in *local* funding per unit plus a variety of other state and federal sources. All in cost is probably at least 3X higher.

          1 reply 0 retweets 1 like
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