The San Francisco County government meeting held on July 4, 2025, focused on critical discussions regarding homeownership programs and planning amendments. The meeting began with Sissy Ng, the director of homeownership programs at the Mayor's Office of Community Development (MOCD), providing an update on the current status of housing relief efforts. Ng clarified that only one unit currently qualifies for relief under the existing parameters, which require homeowners to be willing to sell their units at the original purchase price. She noted that most homeowners tend to retain their properties for five to seven years, during which time they accumulate equity, complicating the calculation of affordable prices for future buyers.
Ng explained that the affordable price for a unit cannot be determined until a homeowner expresses intent to sell, as it depends on various factors such as property tax, homeowners association dues, and mortgage interest rates at that time. This means that the affordability of future sales remains uncertain until the actual sale process begins.
Following Ng's presentation, Veronica Flores from the planning department provided a brief report on the plan commission's recent discussions. The commission had met on October 17 and adopted a recommendation for approval of amendments to the housing ordinance. Flores highlighted that a reporting requirement was added, which mandates periodic updates to the Inclusionary Housing Technical Advisory Committee, the planning commission, and the Board of Supervisors regarding adjustments made under the ordinance.
The proposed amendments include specific reporting obligations after a set number of adjustments are approved, ensuring transparency and accountability in the process. The board will hold public hearings on these reports, which will detail the location of affordable units, the dates of adjustments, and pricing information before and after adjustments.
The meeting concluded with an emphasis on the importance of these amendments in addressing housing affordability and ensuring that the needs of future buyers are met. The discussions underscored the ongoing challenges in the housing market and the need for continued oversight and reporting to support effective policy implementation.