How to beat the NIMBYs without handing over cities to developers http://dlvr.it/QQ9kPx pic.twitter.com/vwq1Br22XH
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In the American system, where financing has to be acquired through a Jenga tower of different local, state and federal programs, cost per unit is actually usually higher in SF than market rate (unless the city already owns the land.) ask literally any non-profit developer in the
There are also bigger govt space requirements for ground floor and community spaces than for market rate housing, which pushes up per unit costs relative to market rate housing. Ask @sammymoss425
$/unit is a horrible metric to compare Mrkt Rate to Afford Housing. Cost of our bldgs includes free child care, computer labs, artist studios and community space. We’re also expected to be net-zero energy efficient and solve the health crisis with each new building.
so we start with land the city already owns
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