Mission Development Moratorium Could Be Heading to the Ballot

A moratorium on market-rate housing construction in the Mission could be heading to the ballot in November, the San Francisco Business Times reports

Edwin Lindo, the Vice President of External Affairs for the San Francisco Latino Democratic Club, told the Business Times that a ballot measure delaying market-rate housing development in the Mission for “up to 18 months” will be submitted to the city attorney soon.  Supporters of the measure would then need to collect about 9,400 signatures to place it on the ballot in November. 

[jump] From the Business Times story: 

“Our goal is not to stop all development. Our goal is to stop incredibly large development that focus exclusively on market-rate housing,” Lindo said. “We need a pause to ensure that if developers are going to build in our city they're going to figure out a way to build affordable housing, even if that could be cutting into their 15 to 20 percent profit margins.”

Mission District Supervisor David Campos started floating the idea of a moratorium in February, much to the chagrin of pro-development forces like SPUR, Mayor Ed Lee, and Supervisor Scott Wiener.

A citywide poll conducted in February found that 65 percent of registered voters would support a ballot measure to halt  “new project approvals in the Mission District for one year,” according to the San Francisco Examiner.

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