San Francisco’s experience with traditional public housing might be coming to an end, replaced by a privately funded model that other cities could follow.
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The San Francisco Municipal Transportation Agency has 29 major infrastructure and rehabilitation projects under way. They average 529 days behind schedule and are projected to waste a total of nearly $90 million in cost overruns. That doesn’t even include the $1.5 billion Central Subway, which is in a fiscal-risk category by itself.
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PG&E customers are being asked to pay again for more than $175 million in pipeline improvement projects that they had apparently already paid for in a rate hike three years ago.
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URL: http://www.sfexaminer.com/topics/projects
