San Francisco’s BUILD Act Slashes Transfer Tax on Large Real Estate Deals to Unlock Tens of Thousands of Stalled Housing Units

Mayor Lurie and Supervisor Mahmood introduce revenue-neutral legislative package aimed at rolling back Proposition I's doubled rates, reducing per-unit construction costs by $32,850, and generating thousands of union construction jobs across the city. San Francisco Mayor Daniel Lurie and District 5 Supervisor Bilal Mahmood on February 25 introduced the Balanced Update to Incentivize Local Development […]