Turn Vacancies into Housing

Turn Vacancies into Housing Tens of thousands of units sit vacant while we largely ignore the single biggest source of potential housing in San Francisco: vacant units.  Fully constructed, ready for residents, but held off the market. Why? And how do we activate them? On March 16, San Francisco Supervisor Dean Preston called for a…

Supervisors Reject Condos With Evicted Seniors

Supervisors Reject Condos With Evicted Seniors Crucial vote sends a message that a building cleared by the Ellis Act will not get a lucrative permit to convert the units to condos. The San Francisco Board of Supervisors refused to allow the owners of a building where seniors were evicted to win a lucrative permit to…

Rent Relief Funds

Rent Relief Funds The Budget and Finance Committee on Wednesday, February 24, 2021, voted in support of San Francisco Board of Supervisor Dean Preston’s ordinance calling for the release of PROP I funds (5,700,000 for Rent Relief & $5,700,000 for Social Housing) to the Mayor’s Office of Housing and Community Development. The ordinance still needs…

National Eviction Ban Extended

National Eviction Ban Extended President Biden extended this moratorium through March 2021. The relief comes as the Centers for Disease Control and Prevention’s eviction moratorium was set to expire at the end of the month. More than 14 million Americans — or 1 in 5 adult renters — said recently that they’re not caught up…

San Francisco rent closes out the year down 27%

San Francisco rent closes out the year down 27% https://www.sfgate.com/realestate/article/SF-rent-closes-out-the-year-down-27-15845136.php Median rents in San Francisco are at $1,992 for a one-bedroom apartment and $2,305 for a two-bedroom. “After an unprecedented year, rents in San Francisco are down nearly 27% since January, more than any other big city in the nation. The price drop is tied…