San Francisco benefits from housing law that streamlines approval

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Housing News

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To address the state's housing crisis, California enacted a Statewide Housing Plan in 2022. It says that every city and county must build its share of new homes to meet a total of 2.5 million new homes the state estimates it will need by 2031. San Francisco's part of the job is to build 82,000 units by the same deadline.

To address the state's housing crisis, California enacted a Statewide Housing Plan in 2022. It says that every city and county must build its share of new homes to meet a total of 2.5 million new homes the state estimates it will need by 2031. San Francisco's part of the job is to build 82,000 units by the same deadline.On Monday, state Sen.

" But according to San Francisco Board of Supervisor's President Aaron Peskin, the city already has 56,000 approved housing units sitting in limbo."The real obstacle to building housing, and especially affordable housing, is financing," he said.

 

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