1992

Board Limits Rent Increases in SF to 1.6%

In 1992, San Francisco voters passed Proposition H which adjusted the maximum annual rent increase for rent-controlled apartments to 60% of the Consumer Price Index for the Bay Area.

1992

Mayoral Intervention on Conversion of Hotel Approval

The Cornell Hotel wants to convert 31 units from residential to tourist use. The Planning Dept initially recommends disapproval of the request but then flips (after Mayor Frank Jordan intervened) to supporting the conversion. The conversion would mean a loss of over $1,000,000 in funds for non-profit housing.