this post was submitted on 07 Sep 2025
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[โ€“] RickRussell_CA@beehaw.org 3 points 1 week ago (1 children)

FWIW, a check of extant multifamily housing for sale in that area shows about $200-$400K per unit.

So, building new would probably cost a little more, but I suppose low income housing could forego some common amenities. OTOH, low income housing projects in Los Angeles routinely exceed $600K per unit.

[โ€“] socphoenix@midwest.social 1 points 1 week ago

That is insane