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Supervisors advance amended inclusionary housing compromise, continue discussion on HomeSF linkage
Summary
After two weeks of negotiations, supervisors presented a compromise on inclusionary housing rates, AMI targeting and grandfathering; the Planning Department and Controller reviewed feasibility analyses, and the committee accepted amendments and continued items to allow City Attorney refinements and further public review.
The committee considered two linked items (5 and 6) revising the inclusionary affordable housing program and adding reporting requirements.
Supervisor Aaron Peskin described intensive negotiations with multiple sponsor offices and city staff to find an approach "within the bounds of the fiscal feasibility study" that could win broad support. Supervisors Safai, Tang, Kim and others said they were close to agreement on AMI bands, percentages and indexing; they asked the City Attorney to finalize clean language for public posting before the next committee meeting.
Planning Director John Ram and department staff (Jacob Bentliff) summarized the Planning Commission recommendations, the history of the inclusionary program…
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