‘A disaster:’ This Bay Area city is taking steps to roll back a big tax break for ‘affordable’ housing project

siliconvalley.com/2025/04/22/affordable-housing-larkspur-property-tax

In 2020, a group of real estate investors approached the City of Larkspur with an idea: they wanted to buy a 198-unit luxury apartment complex called Serenity and convert it into ‘affordable’ apartments for middle-income renters.
The deal would only work if the Larkspur City Council was…

This story appeared on siliconvalley.com, 2025-04-22 12:45:30.
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