SF approves affordable housing development boost

San Francisco approved a change Tuesday to policy that will boost affordable housing among projects in the planning stages and even further for new construction. The housing policy change comes as San Francisco continues to grapple with housing costs and increasing evictions, creating a challenging tension between developers and tenant advocates. The Board of Supervisors approved the legislation Tuesday in a 9-2 vote. It would go into effect if voters in June approve Proposition C, a charter amendment that would allow the board to adjust inclusionary housing requirements rather than voters, who currently have that power. “The market should be accountable to building more affordable and middle income housing and not just luxury housing,” said Supervisor Jane Kim, who led the policy effort along with Supervisor Aaron Peskin.

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