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Proposed 26‑unit SRO at Powell Street draws affordability questions from Chinatown leaders
Summary
An informational presentation described a 26‑unit SRO project at 1324–1326 Powell Street that uses the state density bonus to request waivers and three units at 50% AMI; Chinatown Community Development Center urged the developer and commission to reconsider affordability levels given a census tract median household income of about $24,085.
The commission heard an informational presentation Sept. 12 on a proposed six‑story multifamily project at 1324–1326 Powell Street that would replace a two‑story commercial building with 26 single‑room‑occupancy (SRO) dwelling units and ground‑floor commercial space.
Matt Swayze of access architecture, speaking for the sponsor, outlined the design: 26 SRO units over six stories, just over 2,000 square feet of ground‑floor commercial, stepped massing that keeps the street edge at four stories on Powell and an…
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