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Housing Balance Report

Project Status: Ongoing

On April 25, 2015, the Board of Supervisors passed Ordinance No. 53-15 requiring the San Francisco Planning Department to monitor and report bi-annually on the Housing Balance between new market rate housing and new affordable housing production.

The Report will track performance toward meeting the goals set forth by Proposition K (2014) and the City’s Housing Element.

The ordinance defines the “Housing Balance” as the proportion of all new affordable housing units to the total number of all new housing units for a 10-year “Housing Balance Period,” accounting for any loss of units removed from “protected status.”1 In addition, the reporting must include a calculation of “Projected Housing Balance” which is focused exclusively on forward-looking housing production and includes residential projects that have received approvals from the Planning Commission or Planning Department, including projects under construction, permitted for construction, and those entitled but that have not yet received permits to commence construction.

Units under “protected status” include units that are subject to rent control under the City’s Residential Rent Stabilization and Arbitration Ordinance.