The San Francisco Examiner: ‘5M project’ reaches landmark deal with 40% below-market-rate housing

By Laura Dudnick

A major mixed-use project proposed in the South of Market neighborhood has received the support of its district Supervisor Jane Kim after developers agreed to include 40 percent of the housing at below-market-rate.

That number marks an unprecedented level of such homes included in a development on private land in The City, and is an increase up from the 33 percent below-market-rate previously designated for the project, according to city officials.

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