Measure M - City and County of San Francisco
Shall the City tax owners of vacant residential units in buildings with three or more units, if those owners have kept those units vacant for more than 182 days in a calendar year, at a rate between $2,500–5,000 per vacant unit in 2024 and up to $20,000 in later years with adjustments for inflation, to generate estimated annual revenue of $20–37 million, with the tax continuing until December 31, 2053, and use those funds for rent subsidies and affordable housing?
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