San Francisco will be implementing a new "Housing Inventory" requirement for buildings with 10+ residential units starting on Friday, July 1st, 2022.
Owners of buildings with 10+ units will be required to report certain information about their building to the SF Rent Board, including the name and business contact information of the owner/manager, the square footage and number of bedrooms/bathrooms of each unit in the building, and whether each unit is vacant or occupied.
The Rent Board will use the information provided to analyze rental trends & monitor compliance with the Rent Ordinance. Property owners will need to report the required "Housing Inventory" information to the SF Rent Board before they can impose any annual or banked rent increases upon tenants.
Property owners can register their building through the SF Rent Board's online portal here: https://portal.sfrb.org/FrontPortal/Page/RenderPage?tabId=20
If you have questions about the Housing Inventory and its requirements, you can read the SF Rent Board's FAQ here: https://sfrb.org/HousingInventory-FAQ
If you or your clients own a multi-unit building, you may want to check whether your building needs to be registered with the Housing Inventory by July 1st, 2022.
Owners of condominiums and buildings with fewer than 10 units will need to register by March 1st, 2023.
This "Housing Inventory" requirement was mandated by Ordinance No 265-20 and can be found in Section 37.15 of the city's Administrative Code.