Arguing for a moratorium on market-rate housing development in the Mission seems crazy until you get $85M out of it https://www.facebook.com/davidcampossf/posts/1017052948307328 …
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Replying to @kimmaicutler
@kimmaicutler is the moratorium still going on the ballot?2 replies 0 retweets 0 likes -
Replying to @ptraughber
@ptraughber in any case, that money is going to come way too late. 2016? Maybe? Tech money, funding is $!$!$!$!$ right now.2 replies 0 retweets 2 likes -
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Replying to @ptraughber
@ptraughber assuming those people want to sell and don't magically inflate the costs of their land.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler found some details here: http://www.sfgate.com/bayarea/article/Supervisors-mayor-reach-agreement-on-November-6347550.php … $150mm for low-income $80mm for public housing $80mm for middle-income1 reply 0 retweets 1 like -
Replying to @ptraughber
@ptraughber still woefully small relative to the need. Even with low-income housing tax credits, still costs $300K in subsidies per unit.1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler@ptraughber I am still perplexed by the absence of 'lower income housing is created by any housing manufacture' in the convo.2 replies 0 retweets 0 likes -
Replying to @Kazanjy
@Kazanjy@ptraughber if you travel the industrialized world, low-income housing isn't provided solely by mkt forces anywhere1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@ptraughber why is that? 20 x 1k unit towers in China Basin reduces demand for drafty Upper Haight fixers.3 replies 0 retweets 0 likes
@Kazanjy @ptraughber yes, you have to build more to match pop. growth, but you also have to make sure those units are actually bought
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