§ 1.60. BOARD REVIEW OF AFFORDABLE HOUSING TRUST FUND.
Latest version.
- (a) No later than April 1, 2018, and every fifth year after that, the Mayor's Office of Housing or any successor agency shall submit to the Board of Supervisors: (1) a comprehensive report on the implementation and impacts of the Affordable Housing Trust Fund created in Charter section
16.110 , including subsections (d), (e), and (f); (2) an evaluation of any programs funded through the Housing Trust Fund; and, (3) any recommendations for improvements to the programs or the charter amendment. The Mayor's Office of Housing shall include in the report and the program evaluations a review of the impact of the implementation of Charter Section16.110 and of the programs funded through the Housing Trust Fund on households at different income levels, including very low income households, low income households, and moderate income households. The Board will hold a public hearing within 3 months of the submission of the report at a Board committee.(b) No later than April 1, 2018, and every fifth year after that, the Planning Department shall submit to the Board of Supervisors a comprehensive report on the implementation and impacts of the provisions of Charter Section16.110 addressing on-site inclusionary affordable housing requirements, including subsections (g), (h), and (i), and any implementing or supporting legislation, including the impact of any thresholds and exemptions for on-site inclusionary affordable housing requirements on achieving the City's housing policies and production goals, balancing the City's desire to create viable economic housing policies for small builders in context with the City's other housing production goals. The Planning Department shall include in the report a review of the impact of the implementation of the provisions of Charter section16.110 addressing on-site inclusionary affordable housing requirements and of any supporting legislation on households at different income levels, including very low income households, low income households, and moderate income households. The Board will hold a public hearing within 3 months of the submission of the report at a Board committee.(c) This section shall terminate by operation of law and be repealed on July 1, 2043.(Added by Ord. , File No. 120882, App. 11/14/2012, Eff. 12/14/2012, Oper. 1/1/2013)