California affordable housing can top $1 million per unit - Los Angeles Times

California affordable housing can top $1 million per unit - Los Angeles Times
"More than half a dozen affordable housing projects in California are costing more than $1 million per apartment to build...

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  “That is untenable,” said Assemblyman Tim Grayson (D-Concord), who is writing legislation aimed at simplifying state affordable housing financing. “That is not a sustainable model. We have got to do something to reduce the cost.”
  

...In comparison with private sector development, low-income housing is often saddled with more stringent environmental and labor standards..."