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Planning department and MOHCD present first housing balance report; committee forwards biannual report
Summary
The Land Use Committee received the inaugural housing balance report showing a citywide 10‑year cumulative affordable housing balance of about 15%; planning staff and MOHCD outlined production, pipeline and preservation strategies and the committee filed the presentation item and forwarded the biannual report to the full Board.
The Land Use Committee heard the first regular Housing Balance Report, a statutorily required measure that compares net new affordable housing units to total net new housing over a 10‑year reporting period.
Supervisor Jane Kim framed the item as a way to track progress toward voter goals established in Proposition K. John Ram of the Planning Department explained the ordinance requires biannual reporting and described the housing balance methodology, which counts net new affordable units including rehabilitations and acquisitions while subtracting units removed from protected status (Ellis Act, demolition, condo conversions).
Teresa Ojeda (Planning Department) presented key findings: over the 10‑year reporting period net new affordable housing represented about 15% of the net new housing stock; by production only, new affordable housing accounted for about 29.7% of net new units built in that same period. The City has a projected housing balance of 13% for entitled and permitted projects that have not yet received building permits. The presentation showed geographic variation: some planning districts and supervisorial districts have positive balances while many show negative balances driven by loss of rent‑protected units.
Sophie Hayward of the Mayor's Office of Housing and Community Development summarized funding and pipeline prospects, highlighting SB 107, recent cap‑and‑trade changes that remove a prior jurisdictional cap, AB 2 (being analyzed for eligibility), and a local affordable housing bond on the ballot that could fund additional units. Hayward said MOHCD will provide a formal response after the second report and emphasized eviction defense, small sites acquisition, and a proposed housing accelerator fund to acquire larger rent‑controlled buildings.
Supervisors asked staff to map AB 2 eligibility (including Treasure Island) and stressed the need to both reduce evictions and increase affordable housing production across more districts. After public comment the committee filed Item 7 and moved Item 8 (the biannual report) forward to the full Board as a committee report without objection.
What happens next: MOHCD and Planning will continue to track pipeline, report in the spring, and present strategies at an annual meeting in April. If a cumulative balance falls below 33%, MOHCD will determine funding needed to reach that goal as prescribed by the ordinance.
