EXCERPT: “After seeing the results of a pilot project aimed at preserving naturally occurring affordable housing, the City Council in October acted to make the program permanent. The 4D Affordable Housing Incentive Program was championed by Mayor Jacob Frey, who announced the launch of the pilot program in April and the very next month identified its expansion as a priority in his affordable housing agenda. The program offers landlords of market-rate apartment buildings an incentive to sign up for a state program that offers a property tax reduction in exchange for holding down rents.” FULLSTORY: