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Daly Backs Down on Treasure Island

Supe Chris Daly has yanked a piece of legislation that, if ratified, would have demanded that 50 percent of housing on Treasure Island— not 30, as it now stands— comply with affordable housing standards. Daly's decision follows last week's defeat of Prop F, his erstwhile stab at 50 percent affordability in the upcoming Bayview redevelopment effort. Says Daly: “I thought that it would be appropriate to move the item along with Proposition F. So I, for now, defer to the voters,” Daly said, adding that his measure was “swamped with gobs of money from Lennar.” Rebound! [Examiner]