Thursday, January 23, 2025

California agrees to 82,000 square meters of housing in SF for the first 8 years

San Francisco Housing Element plan
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The Governor Gavin Newsom announced Wednesday that the State of California has certified the San Francisco Housing Element plan, which calls for more than 82,000 homes in SF over the next eight years, more than half of them affordable to low- and moderate-income families. 

According to state data, San Francisco has some of the longest timelines and highest process hurdles for bringing housing projects to construction. These delays, combined with some of the highest housing construction costs in California, create a barrier to addressing the community’s unmet affordable housing needs.