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Planning Commission reviews Central SoMa housing and Prop M office-allocation strategy as staff outlines $211 million in linkage revenue

San Francisco Planning Commission · June 6, 2019
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Summary

Planning staff briefed the commission on Central SoMa implementation and proposed Prop M office-allocation procedures, forecasting roughly $211 million from jobs‑housing linkage fees tied to key office projects and urging phased approvals and protections to align office development with promised affordable housing.

Planning Department staff and the mayor’s housing and economic offices told the San Francisco Planning Commission on June 6 that Central SoMa’s redevelopment and office boom could generate hundreds of millions of dollars for affordable housing — if projects move forward and fees are collected as assumed.

Ken Rich, director of development at the mayor’s Office of Economic and Workforce Development, said the Central SoMa plan anticipates nearly 9,000 new homes and aims for 33 percent of them to be affordable through a mix of on‑site inclusionary units and 100 percent affordable developments. He identified a set of “key sites” (including 801 Brannon, Fifth & Howard, 160 Freelon, 725 Harrison and a Flower Mart off‑site parcel) that will yield much of the early funding and land dedication for affordable housing.

Rich told commissioners the city currently projects about $211,000,000 in…

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