Supes finally approve development fee deferral 

The Board of Supervisors approved in a second and final vote Tuesday legislation introduced by Mayor Gavin Newsom meant to stimulate development during the recession.

The legislation creates a development fee deferral program. The mayor’s office has said there are nine developments, totaling 2,500 units, which would begin construction if the fee-deferral program was offered.

The board approved the law in a 10-1 vote. Supervisor Chris Daly opposed it.

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Monday, Sep 15, 2014

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