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SF is almost losing ground on affordable housing–losses almost equal gains

March 15, 2015

By Stephen Franks: capoliticalreview – excerpt

The Mayor of San Fran demands that 30,000 new affordable homes be built in his city. What he forgets to note is that at the same time affordable and regular housing is being torn down or moving into slum status.

The goal was 12,000 new homes from 2007-14—instead the NET gain was 1700, just over 15% of the goal. As usual, government is a complete failure.

“The Anti-Eviction Mapping Project has tracked the gain in new below-market housing – the units that the city has managed to build – but also the loss – the number of affordable rent-controlled units destroyed by evictions and TIC or condo conversions.

The data shows that the city has lost nearly as many units as it’s gained. Since 2007, 4,978 affordable units have been produced. In the same period, 3,278 have been lost.

That leaves a net gain of just 1,700 units.” Get government out of the housing business, stop the outrageous fees and cost of permits to build, the free market will give the community what it needs. Government gives the community slums and high taxes.

http://www.dreamstime.com/-image20781311

SF is almost losing ground on affordable housing

The mayor talks about what’s being built — but not what’s being lost

By Tim Redmond, 48 Hills, 3/11/15

MARCH 11, 2015 — San Francisco isn’t coming anywhere near close to its affordable housing goals and is actually close to losing ground, a new study shows.

The Anti-Eviction Mapping Project has tracked the gain in new below-market housing – the units that the city has managed to build – but also the loss – the number of affordable rent-controlled units destroyed by evictions and TIC or condo conversions.

The data shows that the city has lost nearly as many units as it’s gained. Since 2007, 4,978 affordable units have been produced. In the same period, 3,278 have been lost.

That leaves a net gain of just 1,700 units.

The city’s stated goal was to build more than 12,000 units during that period. But between the limited money put into affordable housing, and the rampant loss of rent-controlled apartments, the actual increase was only about 14 percent of the goal.

That’s disturbing, to say the least. And it calls into question how effective the mayor will be at reaching a goal of 30,000 new housing units at 30 percent affordability… (more)

This is proof of the non-partisan effort we are fighting to stem the growth tide. Stephen Frank agrees with Tim Redmond, and accepts his data. If we can drop party affiliations, accusations and name-calling we might win the battle against The Plan Bay Area.
The latest idea for how to house the displaced poor SF residents is build “affordable housing” for them on land owned by the city outside of the city. Get ready for that.

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