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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 designate at least 10% of units as BMR, with tenants in those units given first right of refusal. A 2008 ordinance created a sunset for a fee-based option to exit the BMR program; that exit option expired on Jan. 18, 2011. MOH staff said some early BMR units were not included in inherited databases and thus some owners may not have received notice that their fee-exit option would lapse.
President Breed's legislation would grant a 12-month window during which properties purchased prior to 1992 that were entitled to the fee-exit option but were not properly notified may exercise that option. MOH staff said the fix applies to a very small subset of properties and identified one such unit on Waller Street in District 5, where the owner is a senior on a fixed income.
Supervisor Weiner moved to forward the ordinance as a committee report with a positive recommendation; Supervisor Kim seconded and, without objection, the motion passed.
The action sends the ordinance to the full Board for consideration. MOH staff said they are available to answer questions and that the legislative change is intended to rectify a specific administrative omission rather than to reopen the broader BMR program.
