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San Francisco Extends Commercial Eviction Moratorium Until Next Spring
The San Francisco Board of Supervisors unanimously approved an extension of the city’s commercial real estate eviction moratorium through March 2021. The new ordinance restricts landlords from evicting tenants who didn’t pay rent between March and September of this year due to COVID-19-related economic hardship. The extension applies to businesses in San Francisco that have gross receipts of less than $25 million.
The Board wrote in the ordinance, “An extension is necessary to prevent businesses from displacement, mitigate broader economic harms, and address the public health risks that may otherwise result.”
The moratorium was originally issued last March shortly after the city’s stay-home orders were enacted. Since then, San Francisco Mayor London Breed continued to extend the restrictions by a series of executive orders each month.
Tenants are categorized in four tiers according to the number of full-time employees. The city believes it is reasonable to grant a hardship exception to smaller tenants and landlords but deems larger landlords and tenants relatively more likely to be able to withstand any financial impact that the pandemic and eviction restrictions may impose on them.
The latest ordinance also aligns with California Governor Gavin Newsom’s statewide commercial eviction moratorium that allows local governments to offer eviction relief through the end of March or longer for tenants that can show COVID-19-related financial hardship.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Economy
