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San Francisco leaders unveil HomeSF plan to spur 16,000 housing units, promise 5,000 permanently affordable
Summary
Supervisor Katie Tang and Mayor Edwin Lee celebrated passage of HomeSF, a 20‑year incentive program the city says can enable 16,000 new housing units — including at least 5,000 permanently affordable homes — by steering development to transit corridors and attracting private investment.
San Francisco officials on Thursday hailed a unanimous step to spur so‑called “missing middle” housing, portraying a new HomeSF program as a long‑term effort to add housing for middle‑income workers while protecting low‑income resources.
“Over the course of 20 years we’ll create 16,000 new units,” Supervisor Katie Tang said, and she added that the plan guarantees “5,000 of those will be permanently affordable.” Tang, the bill’s lead author, told the committee the program is designed to bring development to transit‑rich corridors and…
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