Jul. 26, 2024
Time kills all deals, so the saying goes. As a process drags on, doubt, uncertainty and expenses tend to multiply. That has been a recurrent lesson in San Francisco, where affordable homes have become too expensive and cumbersome to build, despite overwhelming need.
But one local group thinks it has unlocked an approach that could reverse that trend. The Bay Area Housing Innovation Fund is set up to complete projects up to twice as fast and at half the cost of similar developments.