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Old Posted Jun 11, 2008, 5:52 PM
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San Frangelino San Frangelino is offline
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From: http://www.socketsite.com/

Quote:

Supervisor Daly Drops Treasure Island Below Market Rate Bill

In other real estate related Supervisor news:

Supervisor Chris Daly tabled legislation Tuesday that he had proposed to increase to 50 percent the amount of below-market-rate housing offered in the planned major redevelopment of Treasure Island.
His decision to drop the item comes a week after another housing measure he backed at the polls suffered a decisive defeat. That measure, Proposition F, would have required the redevelopment of Bayview-Hunters Point to offer 50 percent of the housing at below the market rate, not the 30 percent as proposed.
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