Beyond Chron: SF Boosts Middle Class Housing

By Randy Shaw

When San Francisco Supervisor Jane Kim negotiated a new deal with Forest City raising the affordability of its 5M project from 33% to 40%, the higher percentage dominated the news. Kim previously negotiated a 40% affordability deal with the SF Giants and came up with a brilliant slogan in the wake of her new deal: “40 is the new 30.”

Kim has in fact created a new 40% affordability standard for housing securing zoning changes. But the real news is the progressive support for a deal that addresses the housing needs of San Francisco’s middle-class.

Read the full article here.

Leave a Reply