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OCII presents $712M budget and $75M bond plan to fund housing, parks and infrastructure
Summary
The Office of Community Investment and Infrastructure outlined a $712,000,000 proposed budget focused on affordable housing, parks and infrastructure and said it plans to issue up to $75,000,000 in bonds to finance enforceable obligations and projects in Transbay, Mission Bay and Hunters Point.
Thor Kalowski, executive director of the Office of Community Investment and Infrastructure (OCII), presented the agency—s interim and proposed budgets and a bond authorization request at the committee hearing.
Kalowski said OCII plans a $712,000,000 budget for fiscal 2023-24 and described a housing and parks pipeline that…
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