Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board accepts Reinvestment Working Group plan for municipal finance corporation as first step toward public bank
Summary
Supervisors unanimously accepted the Reinvestment Working Group's governance and business plans recommending formation of a municipal finance corporation as a path toward a full public bank to support housing, small business and green infrastructure.
The San Francisco Board of Supervisors on Sept. 5 accepted the final governance plan, business plan and viability study prepared by the Reinvestment Working Group, a step toward creating a municipal finance corporation and, eventually, a municipal public bank.
Supervisor Dean Preston, who has shepherded the effort, thanked working-group members and consultants and said the plans aim to provide a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
