Affordable housing projects won’t need three bids

Affordable housing projects on city-owned property will not need at least three bids from developers before the project can move forward, after voters appear to have rejected Proposition P on Tuesday.

Prop. P would have required the Mayor’s Office of Housing and Community Development, which is charged with administering most programs that provide financing to developers to build new and rehabilitate affordable housing on city property, to receive at least three proposals for a project and accept the proposal with the “best value.”

Advocates of the measure had noted that competitive bidding on projects is a citywide policy and until a decade ago, affordable housing projects frequently drew multiple bids from developers.

But opponents had stressed that requiring the submission of at least three bids and the selection of the “best value” bid would hinder the production of affordable homes.

Opponents also noted a project could be indefinitely stalled without three bids, effectively preventing the creation of new homes, and that requiring multiple bidders could also mean the developer that is awarded the project has less experience.

Just Posted

Faced with safety fears in Chinese community, Breed pins blame on Board of Supervisors

San Francisco’s Chinese community is deeply worried about crime, and Mayor London… Continue reading

Jurors replaced and deliberations set to begin again in Ghost Ship trial

Three jurors have been dismissed Monday in the trial of Ghost Ship… Continue reading

Suspect in Embarcadero attack surrenders to authorities on new allegations

Austin James Vincent has landed at the center of a battle over plans to build a homeless shelter

Rocks off! Rolling Stones sound great in Santa Clara

No Filter tour serves up classic hits

Gov. Gavin Newsom signs bill setting new standards for police use of force

Here’s how ‘Stephon Clark’s law’ sets California rules

Most Read