SFGTV July 30, 2014
Enough to actually serve those employees. But the base obligation for any new multifamily Development Based upon prop c is 12 . And, so, this is an increase in that air of affordability by 8 percentage points. So, there are going to be over 130 units of Affordable Housing here at 50 of income for which the Mayors Office of Housing Community development is not subsidizing it. And we will actually be the other party responsible for issuing the bonds and monitoring the ongoing affordability and ensuring that the owner is indeed serving, you know, folks at 50 , the Median Income and below. The May...