Downtown Revitalization Financing District

The Downtown Revitalization Financing District provides annual incentive payments to eligible commercial-to-residential conversion projects in downtown San Francisco using tax increment financing.

Downtown Revitalization Financing District

The Downtown Revitalization Financing District provides annual incentive payments to eligible commercial-to-residential conversion projects in downtown San Francisco using tax increment financing.

Application and Enrollment Process

This page provides a summary of the steps to apply and enroll in the District. For more, see the detailed Program Guidelines below.

Downtown Revitalization Financing District Board of Directors

This page includes more information on the Board of Directors, including meeting notices and agendas, current membership and adopted legislation

Resources

Program Guidelines, Applications and Forms

Downtown Revitalization District Program Guidelines

The Program Guidelines specify project eligibility, the method of calculating annual distributions and the process to enroll in the District

Commercial to Residential Adaptive Reuse Supplemental Application

This Supplemental Application and attached Labor Standards Affidavit should be submitted to the Planning Department along with a Project Application to determine eligibility and begin the enrollment process

District and Zoning Maps

Downtown Revitalization District Boundaries

This map shows the boundaries of the Downtown Revitalization District. Projects must be located entirely within the boundaries to be eligible.

San Francisco Zoning Map

See the Planning Department’s Property Information Map to verify a property’s zoning, relevant Planning Code requirements and other key property information. You may also view the District boundaries map here.

Board of Equalization Tax Rate Areas Map

This maps shows current Tax Rate Areas within San Francisco County as established by the California Board of Equalization. Projects located within an existing TRA (typically former Redevelopment Project Areas) are not eligible to enroll in the District.

Governing Documents

Downtown Revitalization Law

The District was established pursuant to California Government Code Sections 62450-62464 under Assembly Bill 2488 in 2024, as further amended by Assembly Bill 1445 in 2025

Downtown Revitalization District Financing Plan

The Financing Plan is the primary governing document of the District, adopted February 12, 2026. The Plan specifies the District boundaries and purpose and the method of allocation and distribution of property tax increment.

Board File No. 251268 – Resolution Establishing the Downtown Revitalization Financing District

About

The San Francisco Downtown Revitalization and Economic Recovery Financing District was established effective February 12, 2026 pursuant to Division 8 of Title 6 of the California Government Code enacted by AB 2488 in 2024. The District is governed by a Board of Directors under San Francisco Administrative Code Article XLIX and the Downtown Revitalization District Financing Plan.

The District’s primary purpose is to finance commercial-to-residential conversion projects within the District boundaries by providing an annual distribution to eligible projects based on the property tax increment generated by the project for a period of 30 years. Projects must be enrolled in the District on or before December 31, 2032.

Contact information

Email

drfd@sfgov.org

Request public records

Submit requests for the Downtown Revitalization Financing District.