This is a great idea but maybe hold out for a higher percentage because those approvals in SF and LA area are expensive and thus are a good lever.https://twitter.com/MarketUrbanism/status/1225090505672970240 …
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Replying to @drschweitzer
We're still waiting on the language but it appears to require a 15% affordable housing on-site premium and prevailing wage standards. With how much I've been seeing developers preferring to fee out this seems like a nice squeeze
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