San Francisco's Housing Pipeline: Progress or Stagnation?
San Francisco Mayor London Breed and Board of Supervisors President Aaron Peskin have proposed measures to accelerate housing development in the city by reducing the percentage of affordable units developers need to include in their projects and slashing the fees they are required to pay. The city aims to build 82,000 new homes in the next eight years. The proposal builds on the work of an eight-member technical advisory committee composed of housing developers. The city added about 2,800 units to its housing stock last year, a 40% decrease from the prior year and a 21% decrease from the 10-year average.