Supervisor Jane Kim’s watered-down ballot measure “to affirm the City’s commitment” to a set of Affordable Housing Goals, a non-binding Declaration of Policy, has been approved by San Francisco’s Board of Supervisors and submitted to San Francisco’s Department of Elections.
The five Housing Goals which the policy would affirm, but on which the City would not be obligated to act:
- Address the current housing affordability crisis;
- Support production of 30,000 units of new housing in San Francisco, including at least one-third of those to low and moderate income households, and over 50% within financial reach of working middle class San Franciscans by 2020;
- Create a Housing Action and Neighborhood Stabilization Plan, including funding strategies;
- Ensure financial support of public housing; and
- Review the ratio of affordable to market rate housing.
At the same time, Supervisor Kim’s “Housing Balance” initiative, a proposed ordinance which would have created actual hurdles for developers anytime the percentage of affordable housing in San Francisco’s housing pipeline dropped below 30 percent, has been removed from the ballot along with the Mayor’s “Build Housing Now” counter-measure.