#147 Fall 2006

S.F. Boosts Affordability

San Francisco Mayor Gavin Newsom recently signed into law an inclusionary housing policy aimed at creating more affordable homes in the city. Fifteen percent of units in new residential developments […]

San Francisco Mayor Gavin Newsom recently signed into law an inclusionary housing policy aimed at creating more affordable homes in the city. Fifteen percent of units in new residential developments must be rented or sold below market rates, as opposed to the previous standard of 12 percent. If developers choose to build the affordable units elsewhere, the market-rate and affordable sites have to be within a mile of each other and the number of affordable units must be equal to 20 percent of the units in the market-rate development. City leaders are hoping to not only address the city’s lack of affordable housing, but also help maintain a diverse population. (San Jose Mercury News, 8/10)

OTHER ARTICLES IN THIS ISSUE

  • Season of Change

    September 23, 2006

    At the apex of the civil rights and social justice movements, a new type of organization, the community development corporation (CDC), was created. CDCs were charged with addressing the massive […]

  • Schools House Homeless Kids

    September 23, 2006

    A school district outside St. Louis is opening a home this fall for homeless students. The Maplewood-Richmond Heights district bought a house and had lined up a dozen teenagers to […]

  • Ohio Fights Predatory Lenders

    September 23, 2006

    Politicians from both parties teamed up in Ohio in May to enact a predatory lending law that is arguably tougher than North Carolina’s, which went into effect in 1999. The […]