San Francisco Stops Conversion of Rentals to Student Housing

San Francisco Stops Conversion of Rentals to Student Housing

The Los Angeles Times (8/2) reports, "San Francisco lawmakers Tuesday voted to bar the conversion of rental housing to student-only units - part of a larger strategy to push universities and colleges to develop new accommodations for the tens of thousands of recruits they lure yearly." The measure, "authored by Supervisor Scott Wiener, is aimed at preserving San Francisco's increasingly scarce and costly rental housing for permanent residents." While "a previous law offers a large incentive to developers of student housing by exempting them from steep affordable housing fees, Tuesday's ordinance sweetens the pot by loosening size mix and open space requirements."