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Supervisors pass first reading of downtown office‑to‑housing fee waiver with 7 million‑square‑foot cap
Summary
The board approved on first reading an ordinance to waive certain impact fees and inclusionary requirements for targeted downtown office‑to‑residential conversions, adding a 7,000,000‑square‑foot cap amid heated debate about displacement and fiscal tradeoffs.
The Board of Supervisors voted on first reading on Feb. 25 to advance an ordinance that would waive certain development impact fees, including some inclusionary housing fees, for a targeted set of downtown office‑to‑residential conversion projects.
The ordinance, introduced by Supervisor Matt Dorsey and carried by the Land Use Committee with amendments, seeks to encourage conversion of underused office space into housing in parts of downtown including C2 and C3 zoning districts. Supporters argued the waiver will spur construction and help downtown recover by turning vacant offices into homes. Opponents and several community groups warned that waiving inclusionary requirements and fees risks diverting funding from affordable housing and…
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