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Commission backs narrow TDR change to help nonprofits recoup floor area for affordable housing
Summary
The Planning Commission recommended approval of a text amendment to allow nonprofits that previously sold transferable development rights to recoup gross floor area for affordable housing, and asked staff for a TDR market report; the item advanced to the Board with one commissioner opposed.
The Planning Commission on Feb. 22 voted to advise the Board of Supervisors to approve an ordinance introduced by Supervisor Daly that would amend Planning Code sections to allow certain nonprofit-owned buildings that sold transferable development rights (TDRs) off-site to recoup gross floor area so the building may be adaptively reused for affordable housing.
Dan DeB…
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