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Committee recommends removing Eastern Neighborhoods rental incentive from Planning Code
Summary
The committee recommended approval of an amendment to eliminate a rental-incentive provision in the Eastern Neighborhoods planning code; sponsor Supervisor Kim and Planning Department staff said rental production has surged and the incentive is no longer necessary.
The Land Use and Transportation Committee on Tuesday recommended removing a rental-incentive provision from the Planning Code that allowed project sponsors in Eastern Neighborhoods urban mixed-use districts to reduce inclusionary affordable-housing obligations and public-benefit fees in exchange for keeping units as rentals for 30 years.
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