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One of the seven projects at issue, a rehabilitation of an 84-unit public housing complex in San Francisco’s Hayes Valley neighborhood, will offer two-, three- and four-bedroom apartments for ...
In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
[29] [30] Many affluent tech workers migrated to San Francisco in pursuit of job opportunities and the lack of housing in the South Bay. [30] Until the end of the 1960s, San Francisco had affordable housing, which allowed people from many different backgrounds to settle down, but the economic shift impacted the city's demographics. [29]
The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...
Most cities have homeless problems and lots of vacant housing units, but everything is magnified in San Francisco. Last year, there were 7,700 people living in shelters or on the street in the ...
According to Redfin, the average sales price of a home in San Francisco in January 2024 was $1.31 million, up 7.6% from the previous year. However, some cheaper options are available if that’s ...