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450 Hayes Change Up

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Fresh from the Curbed inbox comes word that the developer of 450 Hayes has changed their affordable housing requirements since submitting the project application. Now the below-market-rate affordable housing of the 41-unit project will actually be on site instead of paying the in-lieu fee as previously reported. With the requirement calling for 12% of the total units, that means somewhere around 4-5 units will be BMR. [Curbed inbox/Previously on Curbed SF]