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Committee approves forwarding fix to BMR condo-conversion program to full Board
Summary
The committee heard a Mayor's Office of Housing presentation and agreed to forward an ordinance that would allow a limited, 12-month fee-exit option for a small set of pre-1992 BMR condo owners who were not properly notified when an exit fee sunseted. MOH identified one affected property on Waller Street.
The Board committee on Dec. 6 advanced an ordinance to correct an administrative error in San Francisco's below-market-rate (BMR) condominium conversion program, forwarding the item to the full Board with a positive committee recommendation.
Mr. Johnson of the Mayor's Office of Housing summarized the history: the city's first condo-conversion BMR program (1979) required converted buildings to…
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