Governor Brown's housing proposal could mean sweeping Bay Area changes

Re:Governor Brown's housing proposal could mean sweeping Bay... by aetherson on Wednesday May 18, 2016 @02:11PM (#11724263)

I'm not sure that real estate developers are super-excited to build projects with 20% on-site affordable units, though maybe! I think it's clear that their preferred model would be to allow them to off-site their affordable housing requirements, but maybe this is a compromise they could live with.

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Re:Governor Brown's housing proposal could mean sweeping Bay... by rhino369 on Wednesday May 18, 2016 @03:54PM (#11725310)

20% affordable is standard in many places, especially since affordable isn't really that affordable.

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Re:Governor Brown's housing proposal could mean sweeping Bay... by aetherson on Wednesday May 18, 2016 @05:12PM (#11726011)

Note the difference between "affordable" and "on-site affordable."

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Re:Governor Brown's housing proposal could mean sweeping Bay... by saryant on Wednesday May 18, 2016 @03:17PM (#11724905)

Those requirements are quite common in Texas and developers still build like crazy.

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Re:Governor Brown's housing proposal could mean sweeping Bay... by wavefunction on Wednesday May 18, 2016 @05:01PM (#11725928)

They turn around and donate some cash to an "affordability" fund to get out of building any affordable units in their new developments. I'm somewhat torn about this: something has to be done to insure that a variety of economic classes live and mix in proximity in our cities ,but it seems like affordability programs don't do much to help the working poor but offer plenty of assistance to folks who are on disability and other assistance programs perpetually.

Despite my radical leftist beliefs, I feel like the family that works in the downtown should be able to live "close" to their work if they want to, with an available pool of affordable housing in the market.

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