According to the report, 159 residential development applications were submitted under the new rules, with 99 receiving approval. Two-unit developments accounted for the majority, with 72 of 103 applications approved. However, tiny homes - highlighted as a potential solution to housing shortages - received no applications during this period.
The report also noted limited use of the Preservation Bonus program, designed to encourage retention of structures over 20 years old. Only two applications utilized the program, both in District 1, preserving an average of 91 percent of the original structures.
Demolition permit applications, a key indicator of redevelopment trends and one of the biggest concerns of opponents of the initiative, showed little variation compared to the six months prior to HOME's implementation. Between February and August 2024, 214 demolition applications were submitted, slightly fewer than the 222 recorded during the previous period.
Most units fell within the 0.15 to 0.25 FAR range, suggesting development is skewing toward medium-density housing rather than more compact designs, with an average of 1,719 square feet per unit.
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