New Interest Rate for Security Deposits Effective 3/1/26

New Interest Rate for Security Deposits Effective 3/1/26 The rate of interest owed on deposits for the period March 1, 2026 through February 28, 2027 is 4.2%. The rate of interest owed on deposits for the period March 1, 2025 through February 28, 2026 is 5.0%.   Security deposits can sometimes be described as “move-in…

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New Ordinance Amendments Regarding General Obligation Bond Passthroughs

New Ordinance Amendments Regarding General Obligation Bond Passthroughs   The SF Tenants Union helped pass legislation to close a loophole landlords had been exploiting to unfairly raise rents. The way General Obligation Bond Passthroughs are calculated has subsequently changed. In addition, Tenant Financial Hardship Applications used to only apply to some of the Passthrough. Now,…

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Mayor Proposes Plan for Easier Demolition of Rent Controlled Housing

Mayor Proposes Plan for Easier Demolition of Rent Controlled Housing The “Constraint Reduction” legislation is sponsored by Mayor Breed, Joel Engardio, and Matt Dorsey.  The legislation is being sold as a way to speed up housing production by eliminating planning staff review to make many permits automatic with no public objection allowed. It streamlines demolition…

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