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New York

Mayor of San Francisco pushes agencies to meet goal of 5,000 new homes

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San Francisco Mayor Ed Lee is taking aim at the delays that hinder housing development in that city. This week he ordered city agencies to reduce permit processing times by half, in an effort to meet a goal of creating 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. Under his new executive directive, housing approvals in San Francisco would take no more than 22 months going forward. [Curbed]