Read All About It!

Late last year, Supervisor Scott Wiener proposed changes to San Francisco’s TIC law whereby certain TIC owners who otherwise eligible to convert their homes into rent control-free condos, could bypass the highly restricted condo lottery by paying into a common housing fund that would assist low- and mid-income accommodation properties. I got a copy of the proposed legislation and wanted to share it here for anyone who’s interested. It’s always nice to see the primary docs, right?

SF Condo Bypass Proposed Legislation for TICs