CounterSensitive776

CounterSensitive776 t1_japztbm wrote

All new residential construction in the city had to block a percentage of apartments off for the affordable housing program, which provides reduced rent based on income. It's a convoluted program and how "affordable" it is is debatable, but it allows Democrats to claim they are doing something about the current housing crisis.

The city also rakes in the permit fees and other associated costs that come with new construction.

I am not by any means advocating for these buildings, just explaining what goes on behind the scenes a little bit.

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