Find our initiative in local news, highlighting a snapshot of what our coalition is working towards!
Housing Opportunities for San Diego was highlighted proceeding our news conference in June. Find a few clips here:
NEWS CONFERENCE >>> Housing Coalition to Unveil New Reports Showing How City Can Lower Housing Costs 42% AND Generate Hundreds of Millions in New Revenue for City Services and Schools
About HO4SD: Co-chaired by LISC San Diego’s Ricardo Flores and economist Gary London, Homeownership Opportunities for SD (HO4SD) is a coalition of housing leaders and advocates with a plan that would generate more housing San Diegans can afford while creating millions in new tax revenue for parks, libraries, schools and other neighborhood services.
Local Initiatives Support Corporation ("LISC") has recently formed a coalition of local housing experts and advocates called Homeownership Opportunities for San Diego ("HO4SD"). That coalition, led by LISC, introduced the concept of eliminating the City of San Diego's minimum lot size requirement in residential zones to allow for the development of residential housing suitable for middle income families. This report summarizes the analysis London Moeder Advisors ("LMA") undertook to test the extent to which the HO4SD proposal would achieve its objective of lowering these price points.
London Moeder Advisors ("LMA") has completed an analysis of the property tax revenue potential derived from eliminating minimum lot size requirements for single-family zones within the City of San Diego. This analysis is an outgrowth from LMA's prior study which determined that by eliminating the City's 100-year-old minimum single-family lot size requirement of 5,000 square feet, it would open the door to High Density Family Housing (HDF) at an average 42% cost reduction in the price of replacement homes.
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