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Build, Baby, Build

Housing is a major component of Mayor Ed Lee's State of the City address, which he's delivering right now in the Bayview. The city added 4,000 units last year—the highest figure in a decade—but that is still short of the 5,000 units needed every year to meet the mayor's goal of 30,000 new or rehabilitated units by 2020. Mayor Lee is proposing measures like adding $100 million to a city fund that lends first-time home buyers money for a down payment, placing a housing bond on the November 2015 ballot, and amending the state Ellis Act. [SFGate]