News
Report: Moratorium Won’t Help Affordable Housing Issues
September 10, 2015
The long-awaited study from San Francisco’s chief economist finds no evidence the temporary moratorium in the Mission will help to alleviate affordable housing strife in the area. The report concludes the moratorium will not provide potential benefits such as opening up land to affordable housing developers and would delay the construction of up to 807 units, as many as 131 of which would be restricted for low-income residents, for 10 to 17 months. The 18-to-30 month market rate housing moratorium has been one of the most controversial political and land-use issues in the area this year. Known as Proposition I, it heads to the ballot on Nov. 3. [SFBT]
