City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
020934
Name:
Legislative Analyst Request - HOPE initiative
measure
Status:
Type:
Motion
Passed
File created:
In control:
5/28/2002
Board of Supervisors
On agenda:
Final action:
6/3/2002
Enactment date:
Enactment #:
Title:
Motion asking the Legislative Analyst to analyze the HOPE initiative measure that is on file with the
Department of Elections and for which signatures are currently being collected in order to qualify it for
the November 2002 ballot. Because this initiative is in many respects the same as the HOPE
ordinance which your office will separately analyze, please consolidate this analysis with the analysis
of the HOPE ordinance, with special attention to ways in which the initiative measure differs from the
ordinance. In particular, analyze how the process for conversion of rental units to ownership units will
take place under this initiative ordinance, and compare this to the process that currently is in place for
conversions under Article 9 of the Subdivision code. Where the HOPE conversion process differs with
the provisions of the Article 9 conversion process, please identify the function and purpose of the
Article 9 section in question. In addition, please assess how this legislation changes timelines for
processing applications for conversions, what affect such changes in timelines may have on the ability
of City agencies in fulfilling their responsibilities under the initiative ordinance. Also, please analyze
how efficiently and effectively this initiative ordinance would be in allocating among City departments
the administration of the responsibilities and duties that it imposes. Please also answer the following
questions:
1) Based on an analysis of other jurisdictions that have enacted similar measures, are the likely
beneficiaries of such a policy existing tenants living in the units to be subdivided, or rather prospective
buyers who will move into the units after offering incentives for existing tenants to move out of their
apartments; 2) How will the measure impact the availability in San Francisco of what many business
leaders refer to as "workforce housing," or housing affordable to the middle class; 3) How might such
a measure be phased in as a trial program over time, so that information on its impacts on the
housing market may be assessed before it is expanded, and what types of information and processes
to collection information would be necessary to assess such impacts; 4) Does this measure contain
effective measures to discourage speculation, and what would such measures need to contain to
effectively discourage speculation; 5) What would be the effect of allowing conversions on all
buildings, regardless of size, and what are the demographic characteristics of tenant populations in
different size buildings; 6) What effect would the measure have on the availability of affordable
housing, especially affordable rental housing, in the City, and would it be possible to impose an
affordable housing conversion fee that would adequately mitigate any potential negative impacts on
this supply; 7) How does the measure deal with the question of whether tenants with lifetime leases
continue to have access to and enjoyment of common areas in buildings that have been subdivided
through the HOPE conversion process; 8) Does the measure contain any requirement for tenant
participation beyond the simple signing of an intent to purchase, and how would the addition of
provisions requiring further participation by tenants to make the subdivision effective (such as signed
purchase agreements for units) affect the ability of the measure to realize its purported goals; 9) What
are the potential financial benefits of this measure for owners of existing rental buildings; What would
be the estimated affect of this measure on the number of rent controlled units in the City; 10) What is
the possibility that any provisions of this measure will be struck down in court, and if certain provisions
are struck down what would be the overall effect on the remainder of the measure; 11) What is the
average cost in San Francisco for a single family home; According to the 2000 census, how many San
Franciscans can afford this average cost; 12) Over the last five years, what was the average sale
price of multi-unit buildings in San Francisco; What was the total number of rental units in these
buildings; What was the average per unit sale price; According to the 2000 census, how many San
Franciscans can afford this average cost; 13) At what level of income is financing available to tenants
to purchase their own units under the HOPE legislation; 14) Please explain the recent amendments to
the state law known as Costa Hawkins; How would this amendment affect the HOPE legislation; 15)
What is the average sale price on comparable sales on condos and TIC.
Sponsors:
Jake McGoldrick
Attachments:
Action By
Date
Action
Result
Ver.
ASSIGNED
President
5/28/2002
1
AMENDED
Board of Supervisors
6/3/2002
1
Pass
APPROVED AS AMENDED
Board of Supervisors
6/3/2002
2
Pass
AMENDED
Board of Supervisors
6/3/2002
1
Pass