Build Homes, Create Jobs: Reform San Francisco’s Transfer Tax
San Francisco has made important progress on zoning reform, but zoning alone will not deliver the housing our city needs. City analysis has been clear: without changes to locally imposed costs, many approved housing projects will remain financially infeasible and unbuilt.
One of the biggest barriers is the transfer tax, which is imposed at the moment housing is completed and directly penalizes new construction. As a result, projects that would deliver homes, construction jobs, and long-term property tax revenue are being pushed into limbo.
Reforming the transfer tax is one of the most effective near-term actions the City can take to ensure that approved housing actually gets built. This is a pivotal moment for San Francisco to align its policies with its housing goals.
Use this template to send a letter to your Supervisor urging them to support transfer tax reform that lowers costs, restores project feasibility, and helps turn approved housing into real homes for San Franciscans.