Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

Document DownloadDownload
Document TypeGeneral
Publish Date14/03/2020
AuthorRich Hillis, Director of the Planning Department
Published ByCity Government
Edited ByTabassum Rahmani
Uncategorized

San Francisco Housing Affordability Strategies

The Housing Affordability Strategies (HAS) analyze how the City of San Francisco can improve housing affordability over the next 30 years, particularly for low- and moderate-income households. The city policies and public investments needed to achieve the City’s housing targets. The  aim of the HAS is to help residents, City staff and policy makers understand how different policies and funding strategies work together to address affordability. The City would need an average of $517 million (in 2020 dollars) per year to produce 1,000 city funded affordable units and preserve 1,100 affordable units.

The HAS analyzed three land use concepts that could lead to development of 150,000 housing units with at least one third permanently affordable by 2050. Each concept has different implications for equity and accessibility. The City could pursue one of these concepts alone or combine all three to expand housing choices. An equitable approach will require planning with communities, particularly communities of color and low income communities along with a focus on desegregation and access to opportunity.

The City is projected to nearly meet that funding need in FY19/20 but has fallen short in the past, and will need to expand funding in the future to meet the target. San Francisco can also help to address housing production, affordable funding and tenant protection.

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