It costs $1M to build an S.F. affordable housing unit. How developers say they can do it for $350K
- Posted on December 17, 2025
- By San Francisco Chronicle
- 2 Views
It costs $1M to build an S.F. affordable housing unit. How developers say they can do it for $350K

With high-end condos and apartments difficult to finance, developers are eyeing a rare opportunity in the Trump policy-era: a sweeping expansion of a federal tax credit for lower-income housing.