SFGTV June 22, 2024
Housing and Group Housing both bmr Group Housing and nonbmr Group Housing in my view is a very important part of the mix. We need to make sure that were allowing various types to be built. I know at least one Group Housing project that was in the pipeline, when this legislation was introduced, converted to a more traditional apartment or condo building. They said it no longer penciled out for their financing and we lost a Group Housing project. I have heard from other Group Housing developers that it can pencil out. So i think its a little unclear here, but clearly having inclusionary Housing ...