SF Board of Supervisors Approve Proposal to Increase Affordable Housing Options

Tuesday, March 19, 2002 - 8:00AM

The Board of Supervisors yesterday approved a proposal to amend the city’s planning code to require residential developers building 10 or more rental units to provide at least 10 percent of those at prices affordable at 60 percent or less of the San Francisco median income, or $36,150 a year. Under the plan, builders who choose not to include affordable units would be required to pay a fee to an affordable housing fund determined by the number of units in the project. To become law, the proposal must be signed by Mayor Willie Brown. Click here for details.

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