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Committee advances first $77 million tranche of San Francisco housing bonds for Board approval
Summary
Officials presented the first issuance of a voter‑authorized $310 million general obligation housing bond program: a $77 million tranche to fund new construction, public housing replacement and middle‑income initiatives including teacher housing and down‑payment assistance; the committee recommended the measures to the full Board.
The Budget and Finance Committee heard presentations on a voter‑authorized $310 million general obligation housing bond program and advanced the first tranche of up to $77 million to the full Board with a positive recommendation.
Kate Hartley (Mayor’s Office of Housing and Development) described planned uses: approximately $75 million for housing production…
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