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San Francisco proposes $30M affordable housing bond to support women and families

October 25, 2023 | San Francisco County, California


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San Francisco proposes $30M affordable housing bond to support women and families
San Francisco County is taking significant steps to address its ongoing housing crisis, particularly for vulnerable populations, as discussions at a recent government meeting highlighted the urgent need for affordable housing solutions. The proposed $30 million allocation within an upcoming affordable housing bond aims to provide critical support for women, survivors of domestic violence, and the elderly, who are disproportionately affected by homelessness in the city.

During the meeting, various speakers emphasized the economic implications of housing stability, noting that investing in affordable housing is essential for the city's recovery. Supervisor Peskin pointed out the lack of support from state and federal levels, urging local action to lift self-imposed debt ceilings to facilitate larger bonds that can address infrastructure needs. The proposed bond is seen as a vital step in demonstrating the city's commitment to its residents, particularly women, who make up 30% of the documented unhoused population.

Advocates from the San Francisco Women's Housing Coalition and other organizations shared personal stories and data illustrating the dire circumstances faced by women experiencing homelessness. They highlighted that only 5% of transitional housing beds are designated for women, despite their significant representation in the homeless population. The bond's language includes provisions for victim-based transitional housing, which could provide a safe space for women to recover and transition back into stable living situations.

The meeting also underscored the importance of collaboration among community organizations to ensure that the proposed funding translates into effective services. Speakers expressed hope that this bond would not only provide immediate relief but also set a precedent for future investments in affordable housing, ultimately fostering a more inclusive and supportive community.

As San Francisco prepares to present this bond measure to voters, the discussions reflect a growing recognition of the need for targeted investments in housing solutions that prioritize the most vulnerable residents. The outcome of this initiative could significantly impact the city's approach to addressing homelessness and economic recovery in the coming years.

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