July 6, 2017

On June 21, Mayor Kevin Faulconer announced his “Housing SD” plan – a set of policies aimed at increasing housing supply, cutting red tape, and directing city resources to affordable housing development. This is a top priority for the Chamber and we have worked closely with the Mayor and his team to draft proposals that make sense for the market and for San Diego’s needs. This set of proposals is an important step forward in making San Diego a place where businesses, and their employees, can succeed and grow.   Housing prices in San Diego continue to trend upward both for purchase and rental units. This is due to the lack of housing being built. Statewide a number of proposals have been made in the legislature, however many are hitting political roadblocks or fail to address the real issues that make it difficult for new units to come to market.

Housing SD is the result of a diverse group of stakeholders all invested in producing solutions that are politically, economically and developmentally viable. Further, the Mayor’s commitment to bring these to City Council in the near future presents struggling San Diego families with an opportunity for relief.

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