Affordability

To become a truly resilient city, San Francisco must tackle the challenges of unaffordability for residents today and proactively build for the future. Affordable housing is critical to the City’s economic and social health. Without housing that is affordable to a range of incomes, San Francisco risk not only of losing vital components of its unique and diverse culture, but also incurring negative economic impacts as essential workers and families cannot afford to remain in the City. Moving forward, San Francisco will continue to prioritize the production and preservation of affordable homes. This commitment includes investments in affordable housing at low and moderate incomes.

With funding from the 2019 Affordable Housing Bond, the City is investing in creating new affordable homes, especially for our growing senior population, accelerating the rebuilding of distressed public housing sites for some of the City’s most vulnerable residents and preserving affordability in existing housing at risk of market-rate conversion or loss due to physical disrepair. Additional investment is planned for the 2024 Affordable Housing Bond.

For more information on affordable housing, please see the Affordable Housing chapter.