San Francisco cuts red tape in order to build 5,000 new units per year

Mayor Ed Lee orders permit approvals to take no more than 22 months

New York Weekend Edition /
Sep.September 30, 2017 01:01 PM

Mayor Ed Lee is trying to cut down the red tape for housing developments slated for San Francisco. This week Lee ordered city agencies to cut permit processing times in half in order to fulfill his city-wide mandate of building 5,000 new housing units per year, according to Curbed.

U.S. Census data shows 2,600 units were added from 2015 to 2016, and 3,500 units were added the year before. Lee characterized these numbers as “mistakes of the past.” Under his new executive directive, housing approvals in San Fran would take no more than 22 months going forward.

“We have thrown up obstacle after obstacle to the creation of new housing in our City and failed to meet the demands of our growing workforce,” Lee told reporters. “The time for excuses, delays and bureaucracy is over.” [Curbed] — E.K. Hudson


Related Articles

arrow_forward_ios
 An industry report says that mortgage lenders and investors are ill-prepared for the growing challenge of climate risk. (iStock)
Mortgage market stakeholders are unprepared for growing climate change threats
Mortgage market stakeholders are unprepared for growing climate change threats
Macklowe Properties CEO Harry Macklowe, CIM Group Co-Founder Richard Ressler and 432 Park Avenue (Getty, CIM)
432 Park Avenue residents sue developers for $125M
432 Park Avenue residents sue developers for $125M
US household real estate values jump by record $1.2T
US household real estate values jump by record $1.2T
US household real estate values jump by record $1.2T
David Bitton, CMO and co-founder of DoorLoop and Ori Tamuz, CEO and co-founder of DoorLoop (Bitton, DoorLoop, Getty)
Startup DoorLoop to take on goliaths in rental management software
Startup DoorLoop to take on goliaths in rental management software
Richard Grossman
Brown Harris Stevens’ NYC president Richard Grossman steps down
Brown Harris Stevens’ NYC president Richard Grossman steps down
The six bedroom Sagaponack house (Out East)
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...