If approved by a majority of the Board of Supervisors later this month, the measure would appear on the ballot in November and compete head-to-head with a similar measure introduced by Mayor London Breed and backed by YIMBY advocates.
Chan lowered the threshold of affordable units for a multifamily housing development to qualify for a waiver of certain permitting requirements, which can ensnare housing proposals and drag on for months or years in San Francisco.
Under the revised Chan proposal, only an additional 8% of units would have to be affordable — defined as 80% of the area median income — beyond the 21% or more the city already requires for new market-rate housing developments. In Chan’s initial version of the proposal, the development would have had to exceed the city’s existing standard by 15% — a figure so high that early opponents argued it would effectively stymie affordable housing production.For projects that are a mix of market rate and affordable units, Chan made a second amendment that would redefine multifamily housing from any residential building with at least two units to one with more than 10 units.
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