Committee backs HRC-led forgivable loan program for first‑time buyers, Peskin dissents
The Land Use & Transportation Committee voted 2–1 to send an ordinance to the full Board establishing a forgivable‑loan program for low-, moderate- and middle‑income first‑time homebuyers and charging the Human Rights Commission with program oversight; members questioned funding sources and HRC capacity.
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The San Francisco Board of Supervisors’ Land Use & Transportation Committee voted 2–1 on Feb. 26 to recommend to the full Board an ordinance to establish a forgivable‑loan program and fund for first‑time homebuyers and to charge the Human Rights Commission with administering and overseeing it.
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