""The context for housing development in San Francisco has changed profoundly in the past several years," the report read. "Nevertheless, under both scenarios considered in this report, the proposed rezoning would lead to a significant increase in the city's housing supply, and have broadly positive effects on housing prices and the city's broader economy." "An expansive rezoning effort, like the proposed Family Zoning plan, will be challenged to match the 2010s levels of new housing development in the city, even under an optimistic high-growth scenario," the report read."
"It's unclear how they will view the latest report or whether it will affect the city's standing with the state. "Instead of focusing on what's actually needed - preserving existing rent-controlled housing, supporting small businesses, and building truly affordable homes - this plan upzones nearly the entire west and northeast sides of the city with no guardrails, no affordability guarantees, and silences the voice of residents in how their communities should grow," Brooks said."
San Francisco's rezoning effort would increase housing supply under both high- and low-growth scenarios while yielding broadly positive effects on housing prices and the broader economy. The rezoning is unlikely to produce the number of homes required to meet state housing mandates, and even an optimistic high-growth projection struggles to match 2010s development levels. The California Department of Housing and Community Development provided a preliminary finding of largely compliant zoning. Critics warn the plan upzones large swaths of the city without affordability guarantees, protections for rent-controlled units, support for small businesses, or meaningful resident input.
Read at Kqed
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