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San Francisco Board Discusses Affordable Housing Challenge Amid Developer's Shift to Ownership

June 01, 2022 | San Francisco City, San Francisco County, California


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San Francisco Board Discusses Affordable Housing Challenge Amid Developer's Shift to Ownership
The San Francisco Board of Appeals convened recently to address a contentious housing development issue that has left many community members frustrated and concerned about the future of affordable housing in the city. The meeting focused on a developer's decision to shift from a plan for Below Market Rate (BMR) rental units to a condominium model, which has raised questions about the implications for local residents who were hoping to secure affordable housing.

During the meeting, city planners and community members discussed the legal and practical challenges of maintaining a mixed-use development that includes both rental and ownership units. A key point of contention was whether the developer could legally retain some units as rentals while converting others to condos. City planners clarified that current regulations require at least 51% of a project to be designated for ownership if it is to be classified as such, making the proposed mixed model problematic.

Community members expressed their concerns about the impact of this shift on those who had participated in the lottery for rental units. Many felt that the developer's decision to change the project after the lottery process was unfair, leaving potential renters without options. Public comments highlighted the urgent need for affordable housing in San Francisco, with speakers emphasizing that the city is facing a significant housing crisis.

One resident, Josh Godwin, pointed out that the area surrounding the development is thriving, with a new hospital nearby, suggesting that the developer should be able to generate sufficient revenue from the project. Others echoed this sentiment, arguing that the community had been promised affordable housing and that the developer's actions were undermining those commitments.

The discussion also touched on the broader implications of the developer's decision, with some community members calling for stricter enforcement of inclusionary housing policies to ensure that developers fulfill their commitments to provide affordable units. The sentiment was clear: many residents are tired of waiting for solutions and are demanding accountability from developers and city officials alike.

As the meeting concluded, the Board of Appeals faced the difficult task of balancing the developer's financial concerns with the community's pressing need for affordable housing. The outcome of this discussion will likely have lasting implications for housing policy in San Francisco, as the city continues to grapple with the challenges of providing affordable options in a rapidly changing real estate market.

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