San Francisco Cuts Inclusionary Housing Rate to 5%, Exempts Projects Under 24 Units

The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city's inclusionary housing requirement from 15 percent to 5 percent and to exempt developments of fewer than 24 units entirely, delivering the market-rate half of a bargain that also sent a $125 million-a-year affordable housing fund to the November ballot. San Francisco […]