San Diego to Require Property Owners Announce Any Intent to Sell to Preserve Affordable Housing

Published on November 23, 2023

San Diego officials endorsed a plan Nov. 16 that would preserve the city’s estimated 23,000 affordable rental units for lower-income residents. During the Thursday meeting of the city’s Land Use and Housing Committee, councilors unanimously approved a motion that would direct the city’s housing commission to draft an ordinance for such, to be presented in early 2025 for approval. The ordinance would require owners of multifamily properties with five or more units to notify the city, affordable housing developers, or tenant groups, when they intend to sell. The requirement aims to ensure any such housing units aren’t sold and replaced by market rate housing, giving affordable developers and the city first right of refusal for the properties....

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