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Board adopts fiscal‑feasibility finding for Balboa Reservoir housing project; supervisors emphasize affordability
Summary
Supervisors unanimously accepted fiscal-feasibility findings for the Balboa Reservoir housing project, which analysis examined a 1,100‑unit proposal that the board was told could include 50% permanently affordable units under negotiations with developers and community groups.
The Board of Supervisors unanimously accepted the fiscal‑feasibility findings for a proposed housing development at the Balboa Reservoir on April 3, a required step under San Francisco Administrative Code Chapter 29 before the city proceeds with environmental review and entitlements. Supervisor Feuer noted the project was on public land and said the city should “do…
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