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Planning commission OKs moderation to 949 Post St. affordability rules to address vacancies, rejects raising pricing AMI
Summary
The commission approved staff‑recommended modifications to occupancy and voucher rules at 949 Post Street—eliminating the senior-only restriction and allowing VASH/HCV acceptance—while declining to increase the pricing AMI to 70%; motion passed unanimously.
Planning staff presented a proposal to modify conditions on a 24‑unit affordable building at 949 Post Street that was originally approved as senior housing. The sponsor and architect said the property has struggled with post‑COVID vacancies, changes in voucher policies (VASH and Section 8), and operating losses that threaten the building’s financial…
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