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SFHA approves FY2026 operating budget; officials lay out cuts and contingency plans amid federal funding uncertainty

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Summary

The Housing Authority approved a FY2026 operating budget that assumes a Senate spending scenario as its base case and lists measures — including stopping issuance of tenant‑based vouchers and eliminating vacant positions — to reduce projected shortfalls if Congress reduces housing funding.

The Housing Authority of the City and County of San Francisco on Wednesday approved its fiscal year 2026 operating budget, adopting a base case that assumes a Senate spending proposal and detailing steps staff will take to reduce potential federal funding shortfalls, officials said. The authority's budget presentation identified the housing assistance payments (HAP) program for housing choice vouchers and several other programs as the primary exposure to federal budget changes.

Roy Lobo, SFHA budget manager, told the commission staff used the Senate bill as the base scenario while modeling a range of outcomes. "The budget right now that's for approval is based on the base scenario, so the senate budget," Lobo said. Under the projections presented, the authority expects a calendar‑year 2025 HAP allocation of about $417 million and modeled a range of shortfalls: a $20 million shortfall under current projections for 2025,…

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