bad news galore in this piece: —cost of an affordable unit avgs $750K in the city, with gap funding (e.g. city subsidy) at $342K —city losing $50K/unit in LIHTC equity b/c of new tax plan —city may not get state money b/c construction costs are so highhttps://www.sfchronicle.com/politics/article/SF-mayor-convenes-summit-to-address-high-12932908.php …
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rhymes with "schmaxation"
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