KMA is currently providing updated nexus analyses for both the residential and the jobs-housing linkage programs for the City of San Francisco.
KMA has previous experience working with the City of San Francisco on these programs; past experience includes assisting the city with analysis supporting an update and expansion to the jobs-housing linkage program. The analysis included a close examination of space production – primarily office – during the 1980s, and job growth, and identified many dynamics of change that did not necessarily result in net new employment. KMA prepared financial analyses of the existing inclusionary program plus alternative update options, working intensely for several months with a task force consisting of developers, housing advocates andnon-profit developers. The result was a negotiated agreement that was adopted by the Board of Supervisors with minimal debate.
KMA’s work included analyzing costs, sales prices, impacts on land values and profit level on prototypical residential buildings. KMA advised on a range of other modifications to the ordinance and program to tailor it to the wide range of conditions in San Francisco. The update was successfully adopted in the summer of 2006.
As a follow up task, KMA worked in 2007 with the City Attorney’s office to prepare a residential nexus study to support the inclusionary housing program. The analysis was developed to support on-site requirements, the higher off-site/in lieu requirements, and even higher requirements for special zones anticipated to be the beneficiaries of rezoning to higher density levels. The report was subsequently adopted by the Board of Supervisors.