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Board amends HomeSF to try to steer developers toward local inclusionary program; adds 36‑month "use it or lose it" rule
Summary
Supervisors approved first‑reading amendments to the HomeSF program to increase incentives for developers to choose the city's inclusionary program over the state density bonus. The board added an expiration for planning approvals if no building or site permit is pulled within 36 months.
The Board of Supervisors on July 17 adopted amendments on first reading to HomeSF, the city's voluntary inclusionary housing and density‑bonus program, in a move the sponsor said is intended to push developers away from the state density bonus and toward local affordability requirements.
Supervisor Catherine Carranza Tang, who presented the ordinance and a set of technical amendments, told the board that some project sponsors have been opting for the state density bonus law or avoiding inclusionary requirements entirely. Tang gave examples she said…
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