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New California affordable housing law sparks backlash in San Francisco

bizjournals Tuesday, 6 September 2016
San Francisco housing activists and some city officials say a new state housing bill passed last week is a "developer giveaway" and are pushing for higher local affordable housing requirements in response. But supporters of the bill say it will boost all of California's affordable housing production, reflecting more tension between the city and Sacramento over housing policy. Assembly Bill 2501, sponsored by Assemblyman Richard Bloom and supported by Gov. Jerry Brown, makes it easier for developers…
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