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Planning department says net affordable housing stock ~10,282 units; projected balance 16%
Summary
Principal Planner Teresa Ojeda presented the sixth Housing Balance Report, finding roughly 10,282 net affordable units over the 10‑year reporting period (about 25% of net new units), with a projected housing balance of 16% for entitled but not permitted projects and a Board hearing scheduled for July 16.
Principal Planner Teresa Ojeda told the Planning Commission on May 24 that the city’s Housing Balance Report No. 6 estimates the net affordable housing stock at about 10,282 units over the 10‑year reporting period, which represents roughly 25% of net new housing in that period.
Ojeda explained that the housing balance calculation includes new production, acquisitions and rehabs, the Small Sites program, Rental Assistance Demonstration…
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