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Supervisor Daly proposes $27.55 million supplemental for affordable housing programs
Summary
Supervisor Daly introduced an ordinance to appropriate $27,550,000 of the current-year surplus for one-time housing programs, allocating the largest share to acquisition, construction or rehabilitation with suballocations for families, seniors/disabled and extremely low-income or homeless individuals.
Supervisor Daly introduced a supplemental appropriation ordinance proposing to use $27,550,000 of the city's current-year surplus for one-time housing initiatives.
Under the proposal, $20,000,000 would fund acquisition, construction or rehabilitation of housing, with directions for allocations within that sum: 50 percent for family housing for households below 60 percent of San…
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