Between February 1, 2023 and May 31, 2023

'1':3 '2023':4,8 '31':7 'februari':2 'may':6

Between June 1, 2023 and September 30, 2023

'1':3 '2023':4,8 '30':7 'june':2 'septemb':6

Between October 1, 2023 and December 31, 2023

'1':3 '2023':4,8 '31':7 'decemb':6 'octob':2

San Francisco must submit a document to the state that demonstrates it has the capacity to build 82,069 homes by January 31, 2031. You can read more details here: 

https://www.sfhousingelement.org/about-housing-element

The first draft plan was rejected on August 8. San Francisco submitted a fourth draft which you can read here: 

https://sfhousingelement.org/draft-4-goals-objectives-policies-and-actions

It takes HCD 60 days to review drafts; they can move quicker with political pressure but rarely do.

If it does not have a compliant Housing Element by January 31, 2023, San Francisco will be subject to the "builder's remedy" which allows unlimited density on any parcel in the city.

Separate to this, in August 2022 HCD announced its first ever "policy and practice review" of San Francisco's process for approving new housing. 

https://www.hcd.ca.gov/about-hcd/newsroom/state-announces-new-review-san-francisco-housing-policies-and-practices

Two steps need to take place to get a compliant Housing Element:

The market will resolve on the second of these events, whichever comes later.

If SF does not have a compliant Housing Element on January 1, 2024 the market will resolve in favor of Option 5. 

 Option 5 should read "After January 1, 2024" it was a typo. Sorry.