Why Are Low-Income Houses Expensive?

I read with interest and article on a proposed low-income housing project in your area. The proposed is a bond, loan for $30 million to construct 68 units. That is over $440,000 per unit, if it comes in at budget. Why do low-income housing projects cost so much?

Harvey Armas
Fresno

You May Also Like…

Bears in Los Osos

Grizzly bears are going to be reintroduced back into Los Osos. During early California, Grizzly bears were common in...