“Affordable housing” is one of the most common buzzwords in the life and politics of San Francisco. But what does it really mean? urbenschneider digs in ⬇️
“Affordable housing” is one of the most common buzzwords in the life and politics of San Francisco. But what does it really mean?
In the Housing Element’s housing needs assessment document, the Planning Department estimates that San Francisco has about 35,600 subsidized affordable units for low and moderate-income people across 703 buildings. That figure is equivalent to about 9% of The City’s total housing stock of 401,000. The Housing Authority also administers housing choice vouchers, also known as Section 8 vouchers, to 12,533 households, according to the Planning Department. Many of these vouchers fund rents within existing affordable housing complexes, though some are used on the private rental market, augmenting the overall stock of affordable housing.
San Francisco’s affordable housing stock has increased significantly in recent years, with bond measures beginning to bear fruit, and new state funding allowing the city to go on an unprecedented buying spree. The central disagreement between the two measures is how much additional affordable housing developers should provide, beyond existing inclusionary zoning requirements, in order to receive streamlined permits.
Of course, not every household that qualifies for affordable housing receives it. For many tenants in market rate units, rent control helps keep their housing relatively affordable.
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