News

Deal reached on inclusionary housing separates levels for income, neighborhoods

on May 19 2017 - 12:10pm

Source: San Francisco Examiner Housing projects under construction in San Francisco’s Mission Bay neighborhood. (Emma Chiang/2016 Special to S.F. Examiner) By Michael Barba City supervisors reached a consensus late Wednesday on inclusionary housing requirements that they say strikes a balance between developers and affordability advocates. The agreement would decrease the percentage of affordable housing that developers must build on site under Proposition C, which passed last June, except for in the two neighborhoods most impacted by the housing crisis until further study. “We stood up to the developers and it was really enjoyable working with my colleagues,” said Supervisor Aaron Peskin, who joined Supervisor Jane Kim in proposing new inclusionary housing rules in competition with legislation from Supervisor Ahsha Safai and Board of Supervisors President London Breed. “Everybody agreed that we need to do more studies to stem the tides of gentrification,” Peskin said. At a news...

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SoMa fund to add $10M to buy small housing sites in the neighborhood

on May 12 2017 - 9:09am

Source: San Francisco Examiner The SOMA Community Stabilization Fund was created with the intent to help residents in the South of Market neighborhood avoid being displaced as a result of new development. (Emma Chiang/Special to S.F. Examiner) By Joshua Sabatini San Francisco plans to use $10 million in development fees to purchase small properties in the South of Market neighborhood to prevent tenants from being displaced. The money is the result of a special charge to developers in the Rincon Hill area that flows into the so-called SOMA Community Stabilization Fund, created in a landmark deal that dates back to 2005 and is intended to help residents survive economic pressures as a result of new development. The funding is allocated based on the recommendations of a community advisory committee. On Thursday, the Board of Supervisors Budget and Finance Committee approved 22 grants to nonprofits next fiscal year — a combined $1.2 million from the SoMa fund for job training,...

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Mayor comes up with $44 million for S.F.’s first teacher housing

on May 11 2017 - 1:58pm

Source: San Francisco Chronicle  By Heather Knight                         Photo: Heather Knight, San Francisco Chronicle Francis Scott Key Annex on 43rd Avenue between Irving and Judah streets in San Francisco. It’s been talked about in San Francisco for so long, teacher housing seemed like a myth. Or maybe just a bad joke. But credit Mayor Ed Lee with deciding this week that he’s had enough of the working group that doesn’t seem to do any actual work and has made no progress toward building homes for teachers. In consultation with Olson Lee, his director of the Mayor’s Office of Housing, Ed Lee has picked a site for teacher housing: the Francis Scott Key Annex at 1360 43rd Ave. in the Outer Sunset. He said he will commit $44 million in city money to build 130 to 150 rental units of teacher housing and will seek a developer as soon as possible. The news came after this column featured the story of Etoria...

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New online system designed to simplify applying for SF affordable housing

on May 8 2017 - 12:55pm

Source: San Francisco Examiner Will Bruce checks for how he placed in the affordable housing lottery for a rental at the single-room occupancy Dalt Hotel. Numbers of entrants were selected from out of a box and then taped on sheets of paper on the table in the order called. The lottery was held by the Tenderloin Neighborhood Development Corporation and the Mayor’s Office of Housing at 220 Golden Gate Avenue in San Francisco’s Tenderloin district Friday, May 5, 2017. (Jessica Christian/S.F. Examiner) By Joshua Sabatini The outcome of San Francisco’s heated debate over how much below-market-rate housing should be required of developers remains uncertain, but one thing is clear: applying for those homes has gotten a whole lot easier. That’s because after decades of using a cumbersome and arguably inhumane lottery process, The City has dramatically overhauled the system by migrating affordable housing listings and application processes into one online platform called DAHLIA: San...

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5 Families Avoid Displacement After Housing Rights Committee Acquires Richmond Building

on Apr 26 2017 - 8:46am

Source: Hoodline by Camden Avery Avoid Displacement After Housing Rights Committee Acquires Richond Building Yesterday, the Housing Rights Committee—in concert with the SF Community Land Trust—announced its first successful building acquisition in the Richmond. Not only is this the organization's first land trust purchase in the western part of the city, it's the first land trust acquisition in a western neighborhood, period.  "Five families were able to avoid displacement," said HRC community organizer Cynthia Fong. The building, a five-unit apartment building at 17th Ave. and Fulton St., went on the market about a year ago. Homes in the Richmond. | PHOTO: MARK HOGAN/FLICKR "The tenants were really concerned," said Fong. "If you have a really good landlord and they want to get out of the rental business or sell the building, tenants feel threatened. A new landlord could bring about rent increases, evictions." At the time, tenants reached out to incoming...

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News Archive

Real Estate Tax Questions And Answers

on Feb 16 2017 - 10:13am

Bay Area Senior Condo Housing Options

on Sep 26 2016 - 6:36pm

The Gateway - 11A Candlestick Point

on Aug 19 2016 - 4:20pm

San Francisco Financial Planning Day

on Oct 30 2015 - 10:20am

SF Moves to Keep Teachers in City

on Oct 26 2015 - 11:53am

1400 Mission St. is here!!!

on Jun 3 2015 - 4:28pm

2014 Housing Expo

on May 16 2014 - 10:05am

Register Now for the 2014 Housing Expo

on Feb 22 2014 - 7:57pm

Affordable Housing Bus Tour

on Sep 27 2013 - 10:01am

Check 'n Go settles suit with refunds

on Dec 31 2012 - 11:28am

The Transition Assistance Program (TAPP

on Sep 20 2012 - 1:01pm

Asset Building: Now More Than Ever

on Sep 17 2012 - 7:47am

Homeowners See Benefits in Bank Plan

on Aug 31 2012 - 10:41am

The Asset Agenda

on Jul 12 2012 - 1:33pm

SF Mayor's Office Launches 16 New Units!

on Jun 12 2012 - 11:35am

Realtors Speak Up for Home Ownership

on May 18 2012 - 9:18am

Affordable Housing in High Demand

on May 15 2012 - 6:43am

Hamp Gets a Revamp

on Feb 2 2012 - 12:50pm