climate KPI · annual
Market-rate housing units produced
1,641 units per year in 2023
Market-rate homes completed each year. High interest rates have slowed construction since 2022 even as approvals accelerated.
| Year | units per year |
|---|---|
| 2023 | 1,641 |
- Direction
- Higher is better
- Source
- SF Planning
- Updated
- Annually
- Provenance
- 2021 dashboard KPI (H.1/H.4); value from the 2023 Progress Report
Actions under this strategy
- 1-1 By 2026, adopt zoning changes that expand housing capacity by at least 36,200 units to meet the current RHNA cycle requirements and allow for multifamily housing growth in well-resourced neighborhoods.
- 1-2 By 2030, continue to explore land acquisitions and analysis of public land for affordable housing based on timing and financial feasibility, with a target of building 500-2,000 affordable units within that time.
- 1-3 By 2030, advocate for regional funding for affordable housing production, as well as from federal, state, and local sources including general obligation bonds, general fund allocations (budget permitting), and bonds.
- 1-4 Over the next 2 RHNA cycles, 2022-2038, produce at least 25% of permanently affordable housing for low- and moderate-income households in well-resourced neighborhoods.