By Liza Veale, KALW/Crosscurrents
Next week, San Francisco voters will decide if they want to give the Board of Supervisors control over how much affordable housing private developers are required to build — thereby enabling the supervisors’ plan to hike up the requirement higher than that of any other city in the country.
Right now, all new buildings with 10 or more units are required to offer a portion of those units at below market rate. The requirement is 12 percent if the affordable units are within the building or 20 percent if they’re built at another location. That rule is locked into San Francisco’s charter, which is kind of like the city’s Constitution.
Read the complete story at KALW/Crosscurrents.