OK, so units may cost $837K. Is that all inclusive of all necessary services (maintenance, supportive services, utilities etc for the life of the unit)? Or are those going to be extra.
I ask because the housing department housing in SF is mind boggling expensive just to operate even after they did the build piece especially if you do all in costs vs revenue (ie, tax base is low -> govt owned often exempt and service needs are high from maintenance, policing, health response etc).
That's not what it says: It say only 14% cost 700K+ (i.e., 86% cost less than 700K), and one project might cost 837K. In other words, the 837K are a small number of outliers (unless it's a really big project, of course) and based on a projection.
> Is that all inclusive of all necessary services
Yes, I agree that should also be considered, and I think those services are essential. However, it's important to keep down construction costs too.
14% of the units build exceeded $700,000 each, and one project in pre-development is estimated to cost almost $837,000 per unit.