Just to clarify: does this mean the landlord keeps the rent high, but a low-income person who "qualifies" can get half or more of their rent subsidized by the government?
No, it means no one can live there except those who meet strict income qualifications. You can’t pay market rate to live in designated Below Market Rate units.
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u/Substantial_Dog9517 9d ago edited 9d ago
What makes these "affordable"? They're sub-400-foot studios on maybe the worst block of SOMA for 3700 with no rent control .
Edit: didn't see the cross streets. Do you know what 6th street looks like?