Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City outlines $38 billion 10‑year capital plan, adds affordable‑housing chapter and prioritizes equity and resilience
Summary
The Office of Resilience and Capital Planning presented the newly adopted 10‑year capital plan, which includes a new affordable‑housing chapter, a $1.2B constrained geobond program over 10 years and a $125M recovery stimulus proposal; members discussed tradeoffs among geobonds, debt capacity and ballot timing.
Brian Strong, Chief Resilience Officer and Director of the Office of Resilience and Capital Planning, briefed the Citizens G.O. Bond Oversight Committee on the city’s 10‑year capital plan. Strong said the plan totals roughly $38 billion and for the first time formally includes an affordable‑housing chapter, estimating $2.6 billion of spending over the next decade (much of it from private development).
Strong emphasized new capital planning principles that explicitly include racial equity and resilience and noted the plan’s focus…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
