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Board approves first reading of housing-balance ordinance requiring biannual reporting on affordable housing production
Summary
Supervisor Kim's ordinance requires the Planning Department to publish biannual data on the proportion of new housing affordable to the city's residents, and to report annually to the Board of Supervisors; the measure passed unanimously on first reading amid extensive debate over causes of rising housing costs.
The Board of Supervisors passed on first reading April 14 an ordinance introduced by Supervisor Julie Kim requiring the Planning Department to track and report the share of new housing that is affordable to San Francisco residents and to hold an annual public hearing on progress toward the city's housing goals.
The legislation directs the Planning Department to publish a biannual report calculating the proportion of new affordable housing (defined in the ordinance as housing affordable to households earning up to 120 percent of area median income) within a 10-year rolling timeframe; to quantify loss of rent-controlled and affordable units; and to post the data on the department's website. The ordinance was presented as a tool to provide accountability and to inform decisions about proposed funding measures such as an affordable housing bond.
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