Skip to main content

SF Mayor Seeks to Speed Affordable Housing Development

Feb 11, 2019
San Francisco Mayor London Breed is planning to introduce an ordinance designed to remove the fees charged by the city to developers who build or renovate 100 percent affordable housing projects and accessory dwelling units (ADUs)

San Francisco Mayor London Breed is planning to introduce an ordinance designed to remove the fees charged by the city to developers who build or renovate 100 percent affordable housing projects and accessory dwelling units (ADUs).
 
According to a San Francisco Chronicle report, the legislation would save the developers thousands of dollars in fees. The planned ordinance is being presented as a key strategy in encouraging the development of ADUs, more commonly known as in-law or granny flats, as a means of expanding affordable housing opportunities. Last August, Breed directed municipal agencies to tackle a six-month backlog of some 900 ADUs that were awaiting approval, and she also ordered a faster process to review requests for new ADU construction.
 
“We have to remove the barriers and bureaucracy that get in the way of building more housing,” Breed said. “This means not only streamlining how we build housing, but also cutting fees so our dollars can go toward building more affordable housing and so more people will come forward to build in-laws, allowing us to add new rent-controlled units throughout the city.”

 
About the author
Published
Feb 11, 2019
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024
Rocket's Tim Birkmeier To Retire

Birkmeier is bidding farewell after a 28-year career at Rocket Companies.

Mar 21, 2024
How NAR’s Settlement Impacts Homebuying

While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.

Mar 19, 2024
NAR Reaches $418 Million Settlement

The association agreed to give home sellers the option of compensating agents.

Mar 15, 2024
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Mar 14, 2024