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Indybay Feature

Broad Community Support Shown for Inclusionary Housing Changes

by Beyond Chron (reposted)
Wednesday afternoon the Land Use and Economic Development Committee listened to the findings from official studies conducted by both the San Francisco Planning Department and the Office of the Controller on proposed amendments to the Inclusionary Housing Program in San Francisco. The legislation would increase the percentage of affordable housing required for all residential developments of 10 units or more. In addition, it would adjust the way that median income is calculated. And finally, one proposed amendment would require that the off-site affordable units be located within one mile of the principal project. Though the items were ultimately continued until next week, there were some interesting conclusions drawn from the studies along with a passionate show of support from the public.
Currently there are three available options to project sponsors who must meet the requirements of the Inclusionary Housing Program. They may choose to provide on-site units as a part of the principal project, to build the units off-site at an increased percentage, or to pay an in-lieu fee to the Mayor’s Office of Housing.

The San Francisco Planning Department in conjunction with a Technical Advisory Committee concluded that the proposed changes to the existing program would not be feasible under current market conditions for the housing prototypes that they studied. These prototypes included low rise-wood frame, mid-rise, high rise up to 240’, and high rise over 240.’

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http://www.beyondchron.org/news/index.php?itemid=3474#more
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