below market rate

Unlike the message of an annoying commercial, bigger may not be better in the real estate market. Residential developers in Washington D.C. have found that millennials like small studios, or micro-units, provided the spaces are well designed.
Jul 23, 2014   The Washington Post
The California Supreme Court has refused to re-hear a decision made by a lower court on affordable housing requirements, which may make such requirements throughout the state invalid.
Dec 1, 2009   San Francisco Chronicle