preview

San Francisco Bay Areas: A Case Study

Decent Essays

Over the last thirty years, in the San Francisco Bay Area, below-market housing mandates have resulted in the production of only 6,836 affordable units, an average of 228 per year (Powell and Stringham, 2004).( I’m looking for this reference). Currently, there is more demand for BMR units than there are units available, leaving the diversity of new development projects inadequate. With the increased demand for units, approximately 200 new affordable rental units have been developed each year in 2013 and 2014 (Sabatini, 2014). However, with each additional 100 market-rate housing units developed, there exists the demand for 20-30% affordable housing units in San Francisco, which is much higher than the required 12% affordable housing units (Keyser,

Get Access