August 23, 2016, San Francisco Business Times
BUILD’s managing director and one of its five principals, Lou Vasquez, weighed in on the recent debate over whether the 25 percent affordable housing requirement is stunting the number of housing units being developed in the city.
Read article here.
The article included a table that showed how land costs per unit vary depending on the city’s affordable housing requirement:
“The market changes constantly and right now with construction costs so high, some deals just don’t pencil. ”