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Board urges SF Federal Credit Union, SFMTA to negotiate medallion relief and to include purchasers in talks

3006373 · April 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board unanimously adopted a resolution urging the San Francisco Federal Credit Union and the Municipal Transportation Agency to negotiate medallion prices, loan forgiveness and reforms — with a last‑minute amendment requiring consultation with purchased medallion holders.

The San Francisco Board of Supervisors on Nov. 30 adopted a resolution urging the San Francisco Federal Credit Union to collaborate with the San Francisco Municipal Transportation Agency (SFMTA) on medallion pricing, loan forgiveness and other reforms addressing the taxi‑medallion crisis. The original resolution called for collaboration; Supervisor Peskin successfully moved an amendment to require that purchased medallion holders be consulted on any potential compromise.

Sponsor remarks framed the resolution as a call for the parties to “put down…

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