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Updated 10 months ago on . Most recent reply
High cost of Affordable housing
A new city heights affordable housing project has gone up at a cost of over $800k per unit. Another one below at $600k+ a unit. As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs. Merge 56 is 41,257 sq ft ...works out to $708/per sq ft all costs.
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Nathan Gesner
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