A network of San Francisco housing nonprofits β TODCO, CCDC β have killed hundreds of units, skimmed from $1.2 billion in impact fees on affordable housing, and hidden finances behind 29 LLCs. Their operators, like Jane Kim, fail upward into campaigns for statewide office to apply the same playbook at scale.
Read Top Post βCalifornia cities charged affordable housing projects $1.2 billion in impact fees from 2020β2023 β enough to build 5,000 more low-income homes. Parks fees alone hit $25,000 per unit on some projects. This is the system nonprofits like TODCO and CCDC operate in: governments subsidize affordable housing with one hand and tax it into oblivion with the other, while connected operators skim from both sides.
Feb 10, 2026 Β· 4 min
Jane Kim blocked 495 housing units in a transit corridor as a TODCO operative after losing races for state Senate and SF mayor. Now sheβs running for California Insurance Commissioner with plans to cap insurer profits and have the state become an insurer β in a market where State Farm and Allstate already stopped writing new policies. The same person who made housing scarcer wants to regulate the insurance market insurers are already fleeing.
Jan 24, 2026 Β· 3 min
