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Committee approves amendments and sends six local operating subsidy agreements for supportive housing to the full board
Summary
The committee considered six Local Operating Subsidy Program agreements to support formerly homeless households; MOHCD and the BLA described totals, projected PBV opportunities and funding tables, and the committee adopted BLA amendments and forwarded the resolutions to the Board of Supervisors.
The Government Audit & Oversight Committee on June 20 considered six resolutions under the Local Operating Subsidy Program (LOSP) to help sustain permanent supportive housing created under the city’s 10‑year plan to end chronic homelessness.
Anne Romero of the Mayor’s Office of Housing and Community Development explained LOSP subsidizes the gap between operating costs and rental revenue at developments serving formerly homeless adults, seniors and families. The six…
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