Affordable Housing

SF bankers now exporting tenant-displacing TIC loans

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Fractional mortgage loans used to convert apartments into owner-occupied tenancies-in-common have fed the eviction and displacement crisis in San Francisco, where the median home price just surpassed $1 million for the first time. Now, some of the same San Francisco banks that pioneered fractional loans here have started offered them in the East Bay and on the Peninsula.Read more »

Angry building owners threaten lawsuit over anti-speculation tax

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Opponents of the anti-speculator tax that will appear on the November ballot blasted the proposal in a City Hall hearing yesterday [Thu/10] — pledging to defeat the measure in court even if voters approve it — but they were overwhelmed by a strong turnout from supporters who said real estate speculation drives up the cost of housing without adding any value.Read more »

Supervisors consider affordable housing half-step

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While the Board of Supervisors today considers placing a measure on the fall ballot that would slow market rate housing projects when affordable housing development drops below 30 percent of total production, it is also slated to quietly approve another item showing San Franciscans actually need more than double that amount of housing.Read more »

Housing crisis requires creative thinking

Waterfront luxury condos aren't the path to affordable housing.

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EDITORIAL Does the construction of brand new high-end towers represent the only possible opportunity for new affordable housing in San Francisco? To hear the arguments of those bemoaning the passage of Proposition B, the ballot measure overwhelmingly approved June 3 requiring voter approval for increased building heights along the waterfront, one would think so.Read more »

Fool me once...

San Francisco wastes money on contractors with subpar performance records

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rebecca@sfbg.com

As any job seeker knows, it's tough to compete for a desirable gig if you can't point to a solid track record. You might think this would be especially true for city contractors who stand to make a killing on lucrative construction projects.

Take, for instance, a $283.2 million San Francisco Public Utilities Commission contract awarded to perform an absolutely essential service: making seismic and hydraulic retrofits to water-treatment units.Read more »

New coalition opposes Chiu's Airbnb legislation UPDATED

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An unlikely coalition has formed to oppose legislation sponsored by Board of Supervisors President David Chiu that would legalize and regulate short-term apartment rentals facilitated by Airbnb and other online companies, which are now illegal in San Francisco. Read more »

Lawsuits go after SF landlords doing illegal short-term apartment rentals

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The San Francisco City Attorney’s Office today filed a pair of lawsuits against local landlords who illegally rent out apartments on a short-term basis, units that had been cleared of tenants using the Ellis Act. Meanwhile, the San Francisco Tenants Unions has hired attorney Joseph Tobener to file more such lawsuits, and he is preparing to file at least seven lawsuits involving 20 units. Read more »

The unanswered question: How do we bridge SF's affordable housing gap?

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Nobody has a good answer to San Francisco’s most basic housing problem: How do we build the housing that existing city residents need? Read more »

The price of growth

Development is booming in the eastern neighborhoods, but the money isn't there to cover the infrastructure needed to serve it

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joe@sfbg.com

San Francisco is booming, but will its infrastructure be able to keep up with its population growth?

The problem is acutely illustrated in the southeast part of San Francisco, where long-stalled development plans were finally greenlit by the adoption of the Eastern Neighborhoods Community Plan a few years ago.Read more »

Can we rediscover radical action on this marriage equality anniversary?

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San Francisco’s political establishment will rightly celebrate itself this afternoon [Wed/12] at 5pm with a ceremony in City Hall marking the 10th anniversary of the unilateral decision to start issuing marriage licenses to same-sex couples, kicking off what became known as the Winter of Love.

It was the greatest thing that then-Mayor Gavin Newsom did during his seven-year tenure in Room 200, a bold and principled stand for civil rights that started California down the long and arduous road toward marriage equality.Read more »