Prop I Funding Victory!

Prop I Funding Victory! Voters demanded it, and we delivered: The Board of Supervisors approved last week the first round of Prop I funding — more than $20 million — to go to rent relief and permanently affordable, social housing. This is a huge win. Thank you everyone who voted for the ballot measure and…

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…

SF Housing Inventory Passes

SF Housing Inventory Passes By July of 2022, landlords will be required to report to the city every year: The approximate square footage of each residential unit, the date of any vacancies over the past 12 months, and each tenant’s base rent. Failure to comply suspends the right to increase the rent. Why does San…