December ccho newsletter – excerpt
The Board of Supervisors Land Use Committee held its hearing on the City’s latest Housing Balance Report recently released by the Planning Department. The report states just under 18% of net new units built in San Francisco over in the last decade were affordable, showing that SF is losing stable rent-controlled units at an astonishing rate — for every two new affordable units, the City loses an existing rental housing unit.
CCHO worked with ABC News on a story that aired over the weekend about the housing balance report and how it reinforces the funding need for San Francisco’s small sites acquisition program. Watch it here.