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Committee advances $150 million bond sale and appropriations for Health & Recovery projects; staff detail four HSH projects and DPH step‑down facility

5346077 · July 9, 2025
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Summary

The Budget and Finance Committee advanced a package to issue up to $150 million in general obligation bonds from the city’s 2020 Health & Recovery authorization and to appropriate those proceeds for DPH and HSH projects, including acquisition/rehab of four permanent supportive housing sites and a Treasure Island residential step‑down facility.

(Combined coverage of items 10–12) The Budget and Finance Committee on July 9 considered three linked items to (1) authorize the issuance and sale of up to $150,000,000 of general obligation bonds (series 2025G) drawn from the 2020 Health & Recovery bond authorization, (2) appropriate the proceeds for Department of Public Health (DPH) and the Department of Homelessness and Supportive Housing (HSH) projects, and (3) de‑appropriate unused prior 2021 bond appropriations.

Office of Public Finance staff summarized…

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