Times Could Be Changing for S.F. Affordable Housing
It could be a new era of affordable housing for San Francisco's Board of Supervisors as two of the city's leaders put forth measures this week that would expand rent control in the city and increase inclusionary housing.
The supervisors are pushing the city to build more below-market-rate housing. Supervisor Jane Kim has introduced an amendment that could go on the June ballot that would more than double how many below-market-rate units are required in new private residential developments, growing that number from 12% to 25%, according to the San Francisco Business Times.
Meanwhile, Supervisor Aaron Peskin wants state legislators to amend the state law that allows most types of housing to age out of the rent control program. [SFBT]