The California Department of Housing and Community Development, which had threatened to rescind its blessing of San Francisco's housing plan, has approved a new city ordinance designed to streamline the city's approval process for building new housing.
On October 25, the state housing agency. Known as the HCD, gave San Francisco a 30-day deadline to pass a "constraints reduction ordinance" proposed by Mayor London Breed.
The city missed the 30-day deadline, but was given an extension, which it met on December 5, when the Board of Supervisors adopted Breed's proposal, which exempts certain projects from the lengthy process of hearings before the city's Planning Commission.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
