The “Mission Moratorium” failed to pass last week, despite majority support in a 7-4 vote by the Board of Supervisors. (As an emergency measure, it needed 9 votes to pass.) However, it will have a second chance when resurface this November at the ballot box. The proposed ballot measure would create an 18-month moratorium on market rate developments (with an optional 12-month extension at the discretion of the Board of Supervisors). It would also require the City to develop a “Neighborhood Stabilization Plan” by 2017, which would institutionalize this affordable housing agenda for The Mission.
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