This legislation allows the Mayor to discuss commercial rent delinquency issues specific to District 11 at a hearing. The Mayor will have five minutes to present and then engage in a two-minute Q&A session.
Pursuant to Charter, Sections 2.103 and 3.100(7), and Administrative Code, Section 2.11, the Mayor shall discuss the following eligible topic submitted from the Supervisor representing District 11. The Mayor may address the Board initially for up to five minutes. Discussion shall not exceed two minutes per question or answer. 1. Commercial Rent Delinquency (District 11)
How it got here
The legislation originated from concerns about commercial rent delinquency in San Francisco due to the COVID-19 pandemic.
Supervisor Ronen's office requested the Board's Budget and Legislative Analyst to estimate unpaid commercial rent in San Francisco due to the pandemic, leading to a report estimating between $200 million and $400 million in back rent.
The Board's Budget and Legislative Analyst was asked to provide an updated estimate of commercial rent delinquency, which was expected by September 21, 2021.
The Board of Supervisors received and assigned the item for a hearing regarding commercial rent delinquency, as submitted by Supervisor Safai.
The Board of Supervisors held a hearing on the topic of commercial rent delinquency, allowing the Mayor to address the Board.
Reconstructed from attached documents & the official record