Monday, May 14, 2018

95 Affordable New Apartments Draw 6,580 Applications

A San Francisco story that touches on the nation's housing policy for the poor...

New affordable apartments near completion in San Francisco.

San Francisco's housing crisis has meant living without essential elements of a home for many, Emily Badger reports on nytimes.com.

A large affordable housing development rising downtown promised what they did not have: 95 complete homes, one-, two- and three-bedroom apartments with privacy, a sense of peace, a place to cook, Badger wrote.

The development, Natalie Gubb Commons, was reserved for households with incomes up to 50 percent of the local median.  The applications were open for three weeks last fall, and 6,580 households applied for a chance to rent there, or nearly 70 for each unit, Badger added.

For more: https://www.nytimes.com/2018/05/12/upshot/these-95-apartments-promised-affordable-rent-in-san-francisco-then-6580-people-applied.html?nytapp=true

Photo: Jim Wilson, nytimes.com.
Next time on The Allen Report: 
Exercise: C'mon -- You Know it's Good for You.

No comments:

Post a Comment