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What’s better: we currently have over 10,000 units under construction as of November 2019. The previous year-end high was 8,691, which we hit in 2015. This doesn’t mean 10,000 new homes will be built next year, but it does mean more projects are under construction.pic.twitter.com/IxabAGvBP1
But here is the reality: building 5,000 new homes per year is our goal, but even that is not enough to address the years of under-building. The decades of underinvestment in affordable housing. The historic failure to build housing across our entire City.
If we are going to be a City where Muni drivers, nurses, teachers, and social workers can actually live where they work, we need to streamline our approvals process, permit projects faster, and remove barriers to new homes.
We also need regional collaboration because the entire Bay Area is suffering from the housing shortage. We need state action like SB50 so that all cities are a part of the solution. We need to do more. We will do more.
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