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Committee tables proposal to raise AMI limits for some BMR resales

San Francisco Board of Supervisors Land Use & Transportation Committee · November 18, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee voted 3–0 to file (table) an ordinance that would raise AMI limits for resale of certain below-market-rate owned units, require periodic reporting, and mandate resales include original parking/amenities.

The Land Use & Transportation Committee on Nov. 18 voted to table an ordinance that would increase the qualifying area median income (AMI) level for purchasers of certain below-market-rate (BMR) owned units, require resold BMR units…

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