This resolution urges the San Francisco Planning Director to enhance the State Density Bonus application process by requiring project sponsors to submit a verified financial analysis from a qualified third-party consultant. The goal is to improve clarity and effectiveness in the application process.
Resolution urging the San Francisco Planning Director to improve the clarity and effectiveness of the State Density Bonus application process by amending Director Bulletin No. 6 to require that project sponsors submit a financial analysis that has been evaluated and confirmed by a qualified third-party consultant, as determined by the Planning Department.
How it got here
The legislation originated from the need to clarify the State Density Bonus application process in San Francisco.
The State Density Bonus Law was implemented in San Francisco to provide development incentives for projects that include affordable housing, with guidelines outlined in Planning Director Bulletin No. 6.
The Board of Supervisors adopted a resolution urging the Planning Director to amend Director Bulletin No. 6 to require project sponsors to submit a financial analysis confirmed by a qualified third-party consultant.
The resolution was referred for adoption without committee reference at the next Board meeting.
The Mayor returned the resolution unsigned, which became effective without her approval due to the time limit set by the Charter.
The Clerk of the Board transmitted the adopted resolution to the Planning Department for consideration.
Reconstructed from attached documents & the official record
