With market-rate housing construction booming, Kim abandons effort to balance it with affordability
from THE BAY GUARDIAN
Under the misleading guise of encouraging the development of more affordable housing in San Francisco, Mayor Ed Lee and Sup. Jane Kim have sponsored a pair of fall ballot measures that actually weaken existing housing policy in San Francisco. It’s a ruse that shouldn’t fool politically savvy San Franciscans. Continue reading →
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Actually, I agree with Supervisor David Chiu when he says, “Our energy is better spent focusing on a housing bond initiative for the 2015 ballot. In recent years, San Francisco has lost $70 million to $80 million a year in state housing funding, mostly a result of the governor eliminating redevelopment agencies. The time is ripe for a local housing bond.”
You can read more about this approach at: http://www.sfgate.com/default/article/S-F-must-drop-dueling-ballot-measures-build-5620988.php