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Budget committee advances $600 million affordable housing bond to November ballot
Summary
The Board of Supervisors Budget & Finance Committee on June 21 voted to forward a trio of items — a resolution, an ordinance and a motion — that would place a $600 million general-obligation bond for affordable housing on the Nov. 5 ballot and direct the mayor’s housing office to update the bond report.
The San Francisco Board of Supervisors Budget and Finance Committee voted June 21 to send a $600 million affordable housing bond to the full Board with a positive recommendation, advancing a resolution, an ordinance and a staff motion that would place the measure on the Nov. 5 ballot.
President Yee, speaking to the committee, said the measure is intended to boost investment across public housing, low- and middle-income housing, senior housing and educator housing. "We made amendments to support a $600,000,000 housing bond for the November ... that will offer much needed…
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