"The reality is that if we, particularly through one-time fees, try to meet all of those other obligations on the back of new housing construction, we will get less housing, which is our No. 1 need and our No. 1 crisis," Mahan said. "We should think of it as a loss, because frankly, we got nothing this year, literally nothing."
"There are always trade-offs and balances in considering how best to incentivize market rate (housing) development, but that is for council and the mayor to consider how best to weigh those policy priorities based on staff recommendations and detailed analysis," Soliván said at the meeting. "The probability of proceeding forward and reaching the target return on costs for certain projects is rather high."
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