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City staff outline recommendations from housing bond round; $34 million in proposals recommended for affordable housing projects
Summary
City staff briefed the council on recommended allocations from the city’s affordable-housing bond and related federal funds; the report recommends financing for multiple rehabilitation and new-construction projects that together would create or preserve hundreds of affordable units and will return for action next week.
City staff presented an implementation report on June 5, 2025, recommending allocations from the city’s affordable-housing bond program and related federal funds that would support production, rehabilitation, preservation and acquisition of affordable rental and for-sale housing.
Verónica García, identified in the transcript as director of neighborhood and housing services, told the council the current request recommends roughly $34,000,000 in awards drawn from the 2022 housing bond, HOME-ARP, federal programs and other sources. The recommendations would support development and rehabilitation projects intended to produce or preserve hundreds of affordable units near transit corridors. García said the selection panel prioritized projects ready to start within…
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