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Supervisor Peskin’s rent‑control‑on‑upzonings proposal draws legal and fiscal scrutiny
Summary
A charter amendment was introduced that would make rent stabilization apply automatically to new housing that benefits from city upzonings; proponents said it protects tenants, while the Controller and developers warned it could reduce assessed values and project feasibility. The committee continued the item for technical amendments and further study.
Chair Aaron Peskin introduced a charter amendment to set city policy that when the city amends the planning code to allow additional residential density or height (an upzoning), the new units created would be subject to the San Francisco rent stabilization ordinance (Chapter 37) by contract — using the Costa‑Hawkins exception that permits local waiver when public assistance is conferred.
Peskin framed the measure as a tenant‑protection tool to ensure that…
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