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Committee advances $38 billion, 10‑year capital plan with affordable housing chapter and recovery stimulus funds
Summary
The Budget & Appropriations Committee voted to forward the city's 10‑year capital expenditure plan (FY2022–31), a $38 billion framework that formally incorporates an affordable‑housing chapter, schedules $1.2 billion in geo bonds and sets aside $125 million in recovery stimulus COPs; members accepted non‑numeric text amendments clarifying housing priorities.
The Budget and Appropriations Committee voted to move the city's 10‑year capital expenditure plan for fiscal years 2022–2031 to the full Board of Supervisors with a positive recommendation.
City Administrator Carmen Chu and Brian Strong, director of the Office of Resilience and Capital Planning, presented the plan as a $38 billion mix of projects intended to secure infrastructure and support economic stimulus. Strong said the plan reflects two notable changes from prior iterations: an explicit affordable‑housing chapter and heightened attention to equity in project prioritization.
Strong told the committee the plan identifies…
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