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Supervisors press city on how it will finance 13,981 extremely low‑income units; MOHCD estimates $4B capital, $2.6B operating shortfall
Summary
A wide ranging hearing on the city's plan to meet RHNA targets for extremely low‑income (ELI) households included presentations by DAS and MOHCD, a presentation from MOHCD estimating roughly $4 billion in capital and $2.6 billion in operating subsidies needed, and extensive public comment urging sustained local operating subsidies for seniors, people with disabilities, and families.
The Land Use and Transportation Committee held an extended hearing May 6 on how San Francisco plans to finance and build the housing element goal of 13,981 extremely low‑income (ELI) units over the next eight years. Presentations from the Department of Aging and Adult Services (DAS) and the Mayor's Office of Housing and Community Development (MOHCD) set out population data, current portfolio counts and the subsidy challenges needed to reach deep affordability.
Rose Johns of DAS told the committee that about 42,000 extremely low‑income households include a senior or disabled adult, roughly 33,000 of those are renters and about 24,000 of those renter households face rent burden (paying more than 30 percent of income on housing). "We're starting here looking at all extremely low income households with a senior member or a disabled adult member," Johns said, noting DAS convened the 2022…
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