below market rate

August 17, 2016, 8am PDT
Several publications were reporting the expected defeat of a proposed development project in Manhattan this week. The 15-story project was the first private application of the city's new Mandatory Inclusionary Housing policy.
Politico New York
July 23, 2014, 7am PDT
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.
The Washington Post
December 1, 2009, 8am PST
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.
San Francisco Chronicle