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Budget analyst finds 305 vacant below‑market‑rate units; MOHCD outlines lease-up steps and support, committee asks for annual reporting
Summary
A BLA report found 305 vacant Below‑Market‑Rate rental units (1,961-unit inventory); MOHCD described DAHLIA operations, reasons for delays and enforcement steps; the committee continued the hearing and requested follow-up reporting and coordination to speed lease-ups.
The Land Use & Transportation Committee held an extended hearing June 6 on the Mayor’s Office of Housing & Community Development’s (MOHCD) Below Market Rate (BMR) program after a Budget & Legislative Analyst (BLA) report found 305 vacant BMR rental units citywide out of 1,961 units in 101 buildings (a 15.6% vacancy rate as of the BLA snapshot).
Dan Goncher of the BLA presented the audit: 305 vacancies (69% targeted to households at ≤55% AMI; 30% targeted at 55–100% AMI), with 53% of vacant units being SROs/studios/one-bedrooms; 80% of the vacancies began in 2021–2022. BLA described the enforcement timeline (notice of…
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