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Commission backs shortening student-housing master-lease minimum from five years to two
Summary
The Planning Commission unanimously recommended approval of a Planning Code amendment to reduce the minimum master-lease term for institution-leased student housing from five years to two, a change proponents said would lower barriers for institutions to provide student beds; commissioners pressed staff on monitoring and enforcement.
The Planning Commission voted unanimously to recommend a Planning Code amendment that reduces the minimum required duration for institutional "master leases" used to provide student housing from five years to two.
Kimiya Haradan presented the staff report for legislation sponsored by Supervisor Scott Wiener, explaining that the change is intended to make it less financially burdensome for post‑secondary institutions to master‑lease purpose-built student…
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