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Committee moves to recapture inclusionary fee from last state density-bonus project
Summary
The Land Use & Transportation Committee voted to send an ordinance to the full Board asking that state density-bonus projects pay an inclusionary fee on bonus units; planning staff said the measure would affect one remaining unentitled project at 344 Fourteenth Street and would raise about $1 million for affordable housing.
The San Francisco Land Use and Transportation Committee on March 19 advanced an ordinance asking the Board of Supervisors to require projects using the state density bonus to pay an inclusionary fee on any additional units or floor area created by the bonus, closing a limited grandfathering exception.
Chair Aaron Peskin said the measure sought to treat projects consistently and recapture value for affordable housing after earlier amendments had left a small set of projects grandfathered. "Here is, a million dollars," Peskin said, urging colleagues to support sending the ordinance to the full board with a positive recommendation.
Jacob Bentliff of the…
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