Mayor Edwin M. Lee announced funding availability for acquisition and rehabilitation financing for the multi-family rental buildings of 5-25 units through the new Small Sites Program. This funding will help stabilize buildings that are occupied by low to moderate income tenants throughout San Francisco that are particularly susceptible to evictions and rising rents. An initial $3 million is being made available with additional funding expected to be released during the program’s first year.
“Real estate speculation and rising rents have contributed to displacement of San Franciscans across our City,” said Mayor Lee. “We need to stabilize our neighborhoods that are vulnerable to gentrification and expand the safety net for San Franciscans at risk of eviction and displacement. This program is a part of our comprehensive plan to protect and stabilize our housing stock. With the purchase of already occupied units, we can preserve their affordability over the long-term. The Small Sites Program offers a way to create certainty for our longtime San Francisco families and rent-controlled households, ensuring they have a safe, affordable...
Mayor Edwin M. Lee today signed the City’s two-year balanced budget for Fiscal Year 2014-15 and 2015-16 after the Board of Supervisors’ unanimous final approval yesterday to close the budget deficits of $66.7 million in FY 2014-15 and $133.4 million in FY 2015-16. To deliver this two-year consensus budget, Mayor Lee worked closely with the Board of Supervisors and heard directly from residents and community leaders in their districts, held an online budget town hall, and met with hundreds of residents, nonprofit organizations, City Commissioners, labor organizations, business owners, and advocates to discuss priorities and address concerns.
“Working together, we are growing our economy, creating jobs and making sure that our City remains affordable for low and middle income families,” said Mayor Lee. “This fiscally responsible balanced budget protects social services for residents most in need, makes historic investments in housing, transportation and education, increases City services including public safety, supports our continued economic recovery, and is affordable over the long term.” Read more.
The United States Geological Survey predicts a 67% chance another large earthquake will strike San Francisco in the next 25 years. We must secure soft story apartment buildings, some of our City's most vulnerable structures, to make San Franciscans safer and our City resilient. To that end, the City has signed into law a program for the mandatory retrofit for all wood frame buildings permitted for construction prior to January 1, 1978 with two or more stories over a soft or weak story that contain five or more dwelling units.
The first step in this process is the notice and screening form. These notices were sent out to all building owners on September 15, 2013. All property owners or their authorized agent must have a licensed architect or engineer complete the screening form, allowing the owner and the City to see if their building is within the program and required to retrofit. Buildings with previous work done under the AB-094 voluntary retrofit program or strengthening done to the level the ordinance requires will not be required to perform additional upgrades. Building owners must then select an appropriate compliance tier, which sets deadlines...
Today Mayor Edwin Lee highlighted the housing progress in the Transbay Transit Center District ensuring San Francisco’s housing goal of 30,000 new and rehabilitated homes in the City by 2020, with at least one-third of those permanently affordable, and the majority within financial reach of the middle class remains on track.
“We are making measurable progress toward our ambitious 2020 housing goals, to build and rehabilitate more urgently-needed housing now and ensure that the majority of that housing is within reach of lower-income and middle class families,” said Mayor Lee. “As construction of the Transbay Transit Center progresses, we are beginning to achieve the vision of a vibrant mixed-use residential neighborhood where San Franciscans across the economic spectrum can afford to call home. Working together, we must recommit and redouble our efforts to expedite the construction of new housing at every level so we can continue investing in affordable and middle class housing.” Read more.
Today Mayor Edwin M. Lee and Supervisor Jane Kim announced the opening of a new skate park and dog park as part of the South of Market (SoMa) West Improvement Projects, bringing new vitality for families in the neighborhood. With the new public plaza at McCoppin Hub also set to open in August, these new open spaces were designed to enhance the urban fabric, calm traffic and improve pedestrian and transportation safety in the neighborhood.
“I am thrilled to see the transformation and opening of these new spaces in the South of Market neighborhood to support and invest in our families and our youth,” said Mayor Lee. “The SoMa West Improvement projects are examples of smart planning supported by the community that activate open areas and maximize public space, providing more families and residents with tailored community space for the growing neighborhood.” Read more.