City Council approves fee waivers and multifamily housing financing at June meetings

July 01, 2025 | San Francisco County, California


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City Council approves fee waivers and multifamily housing financing at June meetings
San Francisco County officials have taken significant steps to support local businesses and address housing needs during their recent government meeting on July 1, 2025.

In a move aimed at fostering economic growth, the Board approved a waiver of first-year permit and business registration fees for newly formed small businesses or those opening new locations. This initiative is expected to ease the financial burden on entrepreneurs and encourage the establishment of new ventures within the county.

Additionally, the Board adopted a resolution to authorize the execution of a multifamily housing revenue note, allowing for up to $76 million in financing for the construction of an 89-unit rental housing project at 65 Santos Street, known as Sunnydale Hope SF Block 7. This project aims to enhance the availability of affordable housing in the area, addressing a critical need for residents.

Furthermore, the Board passed an ordinance that amends planning and subdivision codes to permit the separate conveyance of certain accessory dwelling units and their associated primary residences as condominiums. This change is designed to streamline property ownership options and promote housing development.

These decisions reflect the county's commitment to supporting small businesses and expanding housing opportunities, crucial steps towards fostering a vibrant and sustainable community. As these initiatives move forward, they are expected to have a lasting impact on the local economy and housing landscape.

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