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Social housing

243 bytes added, 9 September
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= Contemporary proposals =
== SF YIMBY proposal for mixed-income public housing (2017- ) ==
see In late 2017, SF YIMBY group began discussing ideas for proposing mixed-income, financially self-supporting, new housing using disused SFMTA (transit agency) surface parking lots.  See [Trauss 2018a], [Trauss 2018b].
In "[ DeCommodified Housing plan]" (Jul 9 2019), Sonja Trauss writes:
<blockquote>"A large decommodified housing sector is possible in the US because of two facts: <br/> (1) Mixed income housing developments almost always do not need subsidy as long as the land is free, and usually even be revenue positive.<br/> (2) local governments own tons of underutilized land. <br/> <br/> <u>Underutilized land</u> <br/> "Your school district, public library, transportation agency, public utility, city government all own parcels of land in your city or town. A few of those might be vacant. Most of them are in use, but the use is probably a one or maybe two storey building surrounded by a parking lot. <br/> <br/> "These parcels could have the existing use, PLUS 8–10 storeys of housing on top. <br/> <br/> "A new tall building, sounds expensive to build! Who will pay? <br/> <br/> "The costs of construction will be recovered the same way they always are — through the rents. Decommodified housing doesn’t mean free housing. The people who live there will still pay rent. They will get the housing they need and pay the amount they can afford. What this means is that a family making $60,000/ yr. could pay $12,000/ yr in rent, and a family making $150,000/ yr could pay $30,000 / yr (this is 20% of gross income which is much less than the 33% that US governments, since the 1980s, have claimed was “affordable”. You might have to adjust for your town.) <br/> <br/> "One of the great things about having a public agency develop its own land for mixed income, revenue neutral (or positive), decommodified housing is that public agencies generally have access to cheap money. In other words, public agencies can borrow money to build these housing developments at relatively low rates by selling municipal bonds."</blockquote>

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