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San Francisco aims to boost apartment construction as rents surpass New York City's

Officials slash affordable housing requirements for market-rate projects
San Francisco's luxury apartment towers, such as at 150 Van Ness Ave., have commanded some of the nation's highest rents. (CoStar)
San Francisco's luxury apartment towers, such as at 150 Van Ness Ave., have commanded some of the nation's highest rents. (CoStar)
CoStar News
July 17, 2026 | 6:31 P.M.

San Francisco officials are taking the latest step to jump-start the construction of homes in one of the nation's most supply-constrained housing markets.

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