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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.
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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 Francisco median income; 25 percent for seniors and people with disabilities at that income level; and 25 percent for homeless or extremely low-income individuals at risk of homelessness. Daly said the legislation is modeled on a similar supplemental appropriation considered last year and that the mayor's office of housing has reported progress on prior funds, including a pipeline of new affordable units created with earlier supplemental funding.
Other allocations in the introduction included $2,000,000 to continue a community land trust/roots program, $5,000,000 for repairs at housing authority sites, and $550,000 for acquisition of a housing services collaborative in the Mission-Dolores area. Daly said the package aims to respond to immediate affordable-housing needs and to leverage the city's surplus in a year when the near-term budget picture allows targeted one-time spending.
Daly asked colleagues for input and signaled the item would be considered by committee in April. He also placed the proposal in the context of last year's supplemental appropriations and said the city had achieved measurable pipeline outcomes from prior funds.
