The severe lack of affordable housing in San Francisco continues to plague the city’s residents. Students of higher education have not been exempt from this crisis, pushing aspiring young professionals into a predicament. How can we expect students to attend San Francisco’s universities if they cannot find a place to live?
“San Francisco’s official student housing policy is Craigslist; come here and hope,” says Tim Colen, the Executive Director of the San Francisco Housing Action Coalition (SFHAC). Those unsuccessful in their search for housing are forced south to the peninsula, east to Oakland and Berkeley, or, in the case of locals, to live at home.
In 2010, the SFHAC helped pass an ordinance that makes student housing developments exempt from San Francisco’s inclusionary ordinance, which requires developers to incorporate a certain percentage of affordable housing in their projects or pay an in lieu fee that goes towards affordable housing. It also prevents the conversion of hotels to student housing. The goal is to encourage the development of new student housing while still making it profitable for developers, which will hopefully take the pressure off of other renters by reducing the competition from San Francisco's students.
Colen speculates that there may be some kind of miscommunication between the universities and developers. It’s possible that the schools are waiting for the developers to build the sites while the developers are waiting to hear demand from the schools. As a result, student housing isn’t getting built.
However, Panoramic Interests and California College of the Arts (CCA) provide an encouraging, albeit rare, example of a harmonious relationship. The developer recently built the unique 38 Harriet Street project in the SoMa district, where each apartment is only 300 square feet. The building is fully leased by nearby CCA, has no parking, one car-share spot and rents for $1,600 a month, so two students can share a room.
This is only one small example, in more ways than one, but it gives students a chance to live the contemporary dorm life one mile from their school in a thriving city.
How do you think San Francisco can incentivize developers to build more student housing?