(Mike Koozmin/S.F. Examiner)

Affordable Housing Bonus Program heads to supes for approval

A program that aims to incentivize more below-market-rate housing in new developments in San Francisco in what some call The City’s largest upzoning in a half-century is a step closer to fruition.

The Planning Commission late Thursday night voted 4-2 to recommend approval of several pieces of the Affordable Housing Bonus Program to the Board of Supervisors after hearing two hours of public comment from people both supporting the program and urging its demise.

The program provides incentives for developers of projects with at least five units, primarily in areas zoned as neighborhood commercial districts, to build at least 30 percent of the units as below-market-rate. In return, developers can build up to two additional stories, among other incentives.

Commissioners supported a number of recommendations to the program, introduced by city planners after hearing concerns that incentivizing developers could lead to displacement. Among the major recommendations commissioners supported was to exempt any development that eliminates a residential unit from the program.

Requiring a conditional use authorization for all projects that qualify for the program was also recommended by commissioners.

The program would apply to more than 30,000 parcels, and city planners have estimated that even if projects that remove housing units are exempt, the program could still add 5,000 below-market-rate homes to San Francisco’s housing stock in the next two decades.

Thursday marked the fifth time the program has come before the Planning Commission.

Affordable Housing Bonus Programbelow market rate housingdevelopmenthousing crisisPlanningPlanning Commission

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Competing Hayes Valley petitions reveal fractured response to tent encampments

Some business owners say they signed a “tent-free zone” petition unwittingly

SF cops to vote on delayed raises amid pandemic

City officials have agreed to new pay raises for officers under a… Continue reading

Balboa Reservoir project wins approval from Board of Supervisors

Development will build 1,100 housing units on 17-acre parking lot near City College

Supervisors fear Tenderloin lawsuit settlement sets bad precedent

UC Hastings case pushed city to move more homeless residents into hotels or shelters

What California knows about Kamala Harris

More than any other vice presidential contender in a generation, Kamala Harris’… Continue reading

Most Read