flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

San Francisco voters approve tougher affordability requirement on new housing development

Multifamily Housing

San Francisco voters approve tougher affordability requirement on new housing development

Critics charge that the measure may backfire and actually reduce new affordable units.


By Peter Fabris, Contributing Editor | June 14, 2016
San Francisco voters approve tougher affordability requirement on new housing development

San Francisco. Photo: Tony Webster/Creative Commons.

San Francisco voters recently approved a ballot measure that will require residential developments of 25 units or more to include 25% affordable units, up from the current requirement of 12%.

Proponents of the new law are hoping it will be a step forward in the effort to provide enough affordable housing in a city with some of the highest home prices and rents in the country. A grandfathering provision allows developers with completed applications to take advantage of a lower requirement depending on the date applications were approved.

Critics charged that the measure will actually reduce affordable housing because the costs of compliance would be too high to make larger projects financially possible, and developers would now focus on projects with less than 25 units. A recent San Francisco Bay Area Council survey determined that more than 33% of the Bay Area's residents are considering leaving the area due to housing costs, lengthy commuting times and the increasing cost of living.

Related Stories

| Jan 19, 2020

New website, branding for NISUS

New website for NISUS

| Jan 19, 2020

Pioneer introduces new Lux-Flow showerhead

Pioneer Industries has launched the Pioneer Lux-Flow showerhead.

| Dec 18, 2019

Making contacts that lead to "true partnerships" is key to Student Housing ProCONNECT event for Pfister's Tracey Qualteri

Tracey Qualteri, Pfister Faucets, at Student Housing ProConnect in Denver, November 11 2019

Multifamily Housing | Dec 11, 2019

8 noteworthy multifamily projects to open in late 2019

From a prefab high-rise in Denver to a seaside village in Oxnard, Calif., these projects highlight the innovative multifamily developments to open their doors in late 2019.

boombox1
boombox2
native1

More In Category

Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021