S.F.'s congressional candidates want more housing. Here's how they'd build it.

All three candidates prioritize affordability for constituents and agree that government must greatly increase housing production. Supervisor Connie Chan says housing built in San Francisco would need subsidies to be affordable to working people. Saikat Chakrabarti supports adding market-rate housing as part of a broader solution, but says it is not the answer by itself. Scott Wiener agrees that different housing types should not be treated as competing options. Wiener proposes rolling back Bush and Trump-era tax cuts to fund $1.2 trillion for mixed-income social housing, rental subsidies, and payments to cities for each new unit built. Chakrabarti proposes a Vienna-style system of nonprofit housing developers building mixed-income housing and reinvesting profits into new construction, supervised by a revived Reconstruction Finance Corporation providing low-interest loans.

"Almost any housing that we now build in San Francisco, if we want it to be affordable to working people, it will have to be subsidized."

"Adding market rate housing should be part of fixing the city's housing crisis, he said, "but it's not the answer.""

"He hates "when different kinds of housing get pitted against each other," he said. "As if you have to pick only one type of housing that you like, and therefore you have to hate all the other forms of housing.""

"Wiener wants to roll back Bush and Trump-era tax cuts to fund $1.2 trillion for building mixed-income social housing, expanding rental subsidies and paying cities $10,000 for every new unit they build to incentivize them to build more."

Read at Mission Local