In SF, family earning $138K may soon qualify for 'middle income' affordable housing



SF rents are down year-over-year. Scroll ahead to see some of the most recent rates. less Artist Brian Singer fixes his art installation, "Home Street Home", which was intended to bring attention to the issue of homelessness and the need for affordable housing solutions, on a fence at 1990 Folsom Street in the Mission on Wednesday, March 15, 2017 in San Francisco, Calif. The property is slated for development of 143 affordable housing units. Artist Brian Singer fixes his art installation, "Home Street Home", which was intended to bring attention to the issue of homelessness and the need for affordable housing solutions, on a fence at 1990 Folsom ... more Photo: Lea Suzuki, The Chronicle Buy photo Photo: Lea Suzuki, The Chronicle Image 1 of / 27 Caption Close In SF, family earning $138K may soon qualify for 'middle income' affordable housing 1 / 27 Back to Gallery

A family of at least two people who collectively earn $138,000 or less per year will likely soon qualify for one tier of San Francisco's affordable housing that would allow them to buy a home unit, following Tuesday's Board of Supervisors meeting.

With the new proposal, families of at least two who are together earning up to 150 percent of San Francisco's median income can take advantage of that amendment.

Based on the Mayor's Office of Housing and Community Development median salary outlines, that means any family of at least two earning less than $138,400 qualifies.

The deal isn't yet finalized; with Tuesday's changes to the law, the Board of Supervisors will have to review and approve the changes again at their next meeting in order for the policy to be finalized.

"Because there were new amendments yesterday introduced to it, it has to be passed again," said Supervisor London Breed's Chief of Staff Michael Howerton.

That amendment, however, doesn't apply to those who hope to rent an apartment in San Francisco using affordable housing guidelines. According to the revised legislative digest, residents who earn less than 90 percent of the median San Francisco income — $83,050 total for a family size of two people, or less for a single person — can qualify for a "moderate-income"-designated unit. To qualify for the higher-tiered "middle-income"-designated unit, a family can earn up to 130 percent of the median San Francisco income, which works out to be just shy of $105,000. (To qualify for units specified for low-income residents, a family of two must earn around $63,000 or less, or less for a single person.)

"This new legislation has ranges," Howerton adds.

Supervisors also added that at least 25 percent of all new units must contain two or three bedrooms, and that 10 percent of those be three bedroom units.

In addition to the above law change, supervisors approved another piece of legislation relating to the required percentage of affordable housing units in new developments, particularly in relation to larger properties.

Alyssa Pereira is an SFGATE staff writer. Email her at apereira@sfchronicle.com or find her on Twitter at @alyspereira.

