Board advances charter amendment to set baseline funding and property tax set-aside for affordable housing; item continued to Jan. 8

Supervisor Daly introduced a proposed charter amendment to establish a baseline appropriation and a property-tax set-aside to support affordable housing for 15 years. “It's my hope that momentarily, I, will have, some new language, colleagues, for you to re review, that, involves, the allowance of increasing affordability or a number of affordable, rental or homeownership units, in addition to replace the public housing units on housing authority sites,” Supervisor Daly said during the public hearing.

Supporters said the amendment would provide a guaranteed revenue stream for affordable housing and could be structured to deepen affordability and replace public-housing units on a one-for-one basis. “We have to be part of the effort to make it pass,” Supervisor Maxwell said, adding that the amendment offers “a shot” at preserving and improving public…