More Below Market Rate Housing Found Rented Out Illegally

by Joe Kukura : sfist – excerpt

We know you don’t always watch the little news video reports we embed in these posts, but you really ought to watch the CBS 5 report above on homeowners scamming the system and renting out Below Market Rate housing units illegally. “Get away! Get! Get! Get away!” shouts one woman as she is busted at a residence other than the one she was granted by San Francisco’s Below Market Rate (BMR) Ownership Program. “Stop recording. I’m going to call my attorney right now,” says another, found in Redwood City though she rents out her BMR condo at the Embarcadero. The illegal renting of BMR units has long been a problem, and CBS 5’s Susie Steimle does some fantastic journalist pounding of the pavement to find several homeowners who’d been awarded low-cost BMR housing, but were advertising these units as rentals on Airbnb and Craigslist in violation of the law(more)

Thanks to Joe Fitz for letting us know that sfist is back. This story comes to us from them. Perfect article to follow the last one, that claims, “Latest data shows you can’t bring prices down by building more housing. A major problem with writing legislation to produce affordable housing is the lack of enforcement, chronicled here. Enforcement is complaint driven. If you see something suspicious, it is up to you to inform the authorities. There is no tracking system to make sure the affordable housing is going to the people who need it.

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