In September, Mayor London Breed took a number of housing-related actions, particularly regarding affordable units.
Early in the month, on Sept. 6, she participated in the unveiling of the rehabilitation of 92 apartments for seniors and people with disabilities. The Chinatown project, at 990 Pacific Avenue, was renovated under the Rental Assistance Demonstration program.
On Sept. 11, Breed and District 3 Supervisor Aaron Peskin introduced legislation to offer below-market-rate and market-rate loans, which would be available to developers of projects to convert units to permanent affordable housing, and to property owners making certain safety improvements.
“A quarter of a billion dollars sits ready to be allocated for the acquisition and rehabilitation of some of our most at-risk rent-controlled buildings,” said Peskin. “I’m delighted that the city is finally ready to get this cheap money out the door.”
A day earlier, the mayor announced a $100 million commitment to buy San Francisco-built modular housing for use as affordable housing.
On Sept. 18, she introduced legislation at the Board of Supervisors that would protect 3,420 units of housing in the city’s development pipeline but are at-risk because of what the mayor’s office calls “unrealistic permitting deadlines.” Those units include 498 permanently affordable units. These projects had deadlines that were at variance with other projects due to some previous legislative compromises; Breed’s bill would give them the same timelines as other projects.
