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Title:
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Hearing on strategies to address San Francisco's unfunded affordable housing mandate, including assessment of the mid-cycle progress in meeting the 2031 Regional Housing Needs Assessment's requirements for below-market-rate homes affordable to the local workforce, from the lowest income workers to middle income households; the impact and forecast created by the removal of impact fees and inclusionary requirements that have been used to support the development of affordable housing; the efficacy of the City’s reliance on one-time funds or funds tied to market conditions versus other possible revenue strategies; the ability of City strategies to meet the gaps in the City's affordable housing delivery system to meet the unique needs of particular vulnerable communities and neighborhoods and strategies; and the actions that are needed to accelerate public investments that are at scale, counter cyclical, and not one-time infusions; and requesting the Office of the Budget and Legislative Analyst, Mayor's Policy Advisor on Housing and Economic Development, Mayor's Office of Housing and Community Development, Office of the Controller, and Planning Department to report.
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