By J.K. Dineen, San Francisco Chronicle, May 28, 2021
“The Mayor’s Office of Housing and Community Development [announced] that it has picked affordable builders to construct nearly 900 units on nine sites scattered around the city, with the majority concentrated in the South of Market where the tech boom of the 2010s was most prominent.
“While the projects are still in the conceptual planning phase, and don’t have exact unit counts yet, they will average about 100 units per site.
“Mayor London Breed said the nine projects represent a ‘central pillar’ of the city’s post-Covid recovery.
“All of the units in a project will be available at no more than 60 percent of the average San Francisco Area Median Income, currently $79,000 for a family of four. Of the nine projects, three will be for seniors, four for families, and two for formerly homeless households.
“Eric Shaw, who directs the Mayor’s Office of Housing and Community Development, said the city would push to maximize unit count at each site, taking advantage of state density bonus laws that allow for additional height and streamlined approvals.
“The nine projects reinforce the city’s tendency to cluster affordable housing in the Tenderloin and South of Market. None of the projects are on the west side of the city and only one is in a neighborhood that doesn’t get many affordable projects — District 8, which includes Noe Valley, the Castro and Glen Park.”
Read the full article here. (~3 min.)