tv Mayors Press Availability SFGTV December 26, 2016 9:45am-10:01am PST
the commission. >> all right. >> any other commissioners. >> adding anything. >> we'll have to have a discussion about the capital buckets and the it plans has to be on the agendas as mark mentioned we need to have our approval for the two days later has to be submitted to the mayor. >> sounds good. very good. >> any public comment? on future agendas okay public comment is closed. >> and i would like to take the opportunity to wish everyone a safe and happy holidays season and see in the next year thank you all we're adjourned.
has made headline the medium prices for a house in the the $207,000 in california it is more than twice that amount and the laura u bay area is higher it's more than doubled the states so while more than half of the americans can afford the medium fewer in california and quarter in the bayer and now fewer than a 6th of san franciscans can afford it so why it housing in san francisco so go cheven condition tharz the obviously a high demand to live here the city is known for cultural diversities that attacks new residents and the credible opportunity our city diverse and will daytime committee grows jobs as a result we estimate the number of jobs
is at ann an all-time 0 hive of 6 hundred thousand in the 80 the population was 6 hundred and 75 thousand now, it's grown steadily and quickly the recent estimate is 8 hundred and 40 thousand the highest in the city's history and it's not only san francisco it is greek the bay area has $2 million for residents and jobs then in the 80 and the growth is expected to continue by the year 20403.9 million people unfortunately, our housing supply does not keep up with the demand i might not realize the majority of construction is housing that's been suspended for years due to the 2008 recession while
population is increasing the housing is only increasing that i 9 percent if we don't pursues housing the cost of housing about only increase how do we plan the regional allocation identifies the total number of housing unit by affordable level to support the new residents san francisco incorporates it into the housing elements that guides the housing policies the arena data places it in the investment plans for the growth throughout san francisco those plans developed by years of community planning laid the ground work for the construction so the city he e sets the goals in broad terms the private sectors builds market rate housing and non-built affordability housing that majority of housing in san
francisco as well as throughout the country market rate houses built by private developers within guidelines of the city some below market rate you howls paid pie public and private dollars and prized to be variable to certain population housing is considered affordable if it costs less than 1/3rd the medium income for a 2 percent householder is $70,000 this householder will have to pay no more than $7,150 to be affordable san francisco has see long applied federal, state and local money often built and nonprofit tint for individual families the news cities in california what the inclusive program requires that 10 or
ottawa more units to certain blow income levels or contribute to the fund that supports the blow market rate unit almost 25 thousand have been supported by city funds and more than 6 nous thousand of the unit were built between 2000 and 2012 what you can't afford a million will home you're not alone in response san francisco mayor ed lee has set a goal of creating thirty thousand now e-mails homes by the year 2020 most will be in outreach of the san franciscan with federal and state funds drying up the san francisco ethics commission is, taking an iv i of actually roll is providing housing across all levels we're working diligently for everyone to live