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Supervisors amend and continue review of proposed $300M housing bond, add survivor-housing carve-out
Summary
The committee amended the March 2024 $300M affordable-housing general obligation bond to add findings on labor, climate and a $30M allocation for survivors of violence, continued items 10–11 for further consideration and tabled companion items 8–9; MOHCD and advocates said the bond could produce ~1,500 new units and preserve 60 units.
The Budget & Finance Committee on Oct. 25 considered a proposed $300 million general-obligation bond for affordable housing to be placed on the March 5, 2024 special election ballot. Board President Aaron Peskin (identified in the transcript as the item sponsor) proposed a set of amendments that the committee approved and continued the amended items for further review.
Eric Shaw, director of the Mayor’s Office of Housing and Community Development, presented the bond’s goals and pipeline: roughly 1,500 units of new affordable housing, funding for preservation…
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