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Opinion: The Giants are playing a numbers game with affordable housing

May 13, 2015

By Peter Cohen and Fernanado Marti : 48hills – excerpt

The waterfront proposal doesn’t do as much for housing as the team would like you to think

MAY 12,2015 — We love our baseball team, but we don’t like the way the Giants are playing games with last November’s Proposition K, the Housing Balance Measure.

Last week, the Giants publicly announced plans for developing a set of highrise luxury towers on a parking lot across from AT&T Park, on land that is leased from the Port of San Francisco.  The plan is evidently queued up to go to the ballot in November for voter approval of a height increase from its current open space designation to allow development up to 280 feet in height, making the argument that it will result in affordable housing.

On the surface it looks to “match Mayor Ed Lee’s affordable housing goals,” according to the Chronicle, as a third of the 1,500 new units built will reportedly be “affordable housing.”

That may sound good – but in reality the Giants are changing up the goalposts (or more apropos, they’re moving the baselines) on the housing standards of Proposition K’s 33% affordable goals… (more)

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