When the AIDS Healthcare Foundation campaigned unsuccessfully this spring for a ballot measure to crack down on “mega projects,” affordable housing developers argued the proposal would hurt poor renters and thwart sorely needed construction.
Now the huge nonprofit is getting into affordable housing itself, saying it can provide it quicker and cheaper than such groups.
“The current model does not work,” said its top executive, Michael Weinstein. “It takes too much time. It costs too much money. And in a lot of cases, it excludes the people that need the most help.”
AHF is forming a new division called the Healthy Housing Foundation and has already...