A ballot measure intended to stop market-rate housing developments of more than 20 units in the Mission, and not just in the area around 24th Street, has been drafted by “a coalition of affordable housing and progressive groups.”

The expected measure would create a moratorium on market-rate housing projects across the Mission for up to 18 months, during which “the Planning Department would study how to create a “neighborhood stabilization plan” that would boost affordable housing with new zoning rules and funding,” according to the Business Times.

And according to an executive of the San Francisco Latino Democratic Club, a member of the coalition, the goal of the measure is not to stop all development, but “to stop incredibly large development that focus exclusively on market-rate housing” and “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.”