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Committee advances Supervisor Tang’s HomeSF bonus program with amendments and continuation
Summary
Supervisor Katie Tang outlined HomeSF, an optional local density bonus offering incentives (including up to 20 feet of additional height) for projects that provide 30% on-site affordable units; the committee adopted amendments and continued the item for further discussion.
Supervisor Katie Tang introduced HomeSF, a local affordable‑housing bonus program intended to incentivize developers to deliver 30% on‑site affordable units in new construction of three or more units, while offering zoning bonuses and protections against tenant displacement.
Tang told the committee the program is optional and aims to produce up to 5,000 permanently affordable units over 20 years on market‑rate projects that meet affordability requirements. She described key features: up to 20 feet of additional height as a bonus; 40%…
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