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Supervisors amend affordable-housing appropriation to support tenant ownership co-ops (ROOTS)
3005742 · April 16, 2025
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Summary
The board amended an appropriation to fund cooperative homeownership through the Real Ownership Opportunities for Tenants (ROOTS) program and set resale and governance requirements for assisted cooperatives.
The San Francisco Board of Supervisors passed on first reading an ordinance amending Ordinance No. 71-06 to appropriate $20 million from the general fund for affordable housing projects and to direct $1,000,000 from the Mayor's Office of Housing to the Real Ownership Opportunities for Tenants (ROOTS) program.
Supervisor Mercarini, a member of the San…
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