Proposition E is a proposal to restrict new office development in step with the shortfall of affordable housing construction. It was put forward by the affordable housing nonprofit TODCO. The restriction would work like this: If San Francisco builds only 35% of its affordable housing goal for a year, the next year, it could build only 35% of its annual allocation of office space.
Tag: Proposition E
Posted in“Civic” Podcast, Elections, Housing
Voters Will Weigh Tethering Limits on Office Development to Affordable Housing Production
San Francisco Proposition E would restrict office construction in years when the city did not meet its goals for affordable housing construction, as is often the case.