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Committee continues $4.5M nonprofit rent‑stabilization ordinance to allow program details to be developed
San Francisco Board of Supervisors, Budget and Finance Committee · February 26, 2014
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Summary
The committee continued an ordinance that would appropriate approximately $4.5 million to a proposed Nonprofit Rent Stabilization program to give supervisors time to define program parameters; public commenters urged seeing program details before funds are allocated.
The Budget & Finance Committee on Feb. 26 continued for further work an ordinance to appropriate roughly $4.5 million from the General Fund reserve to the Mayor’s Office of Housing to establish a Nonprofit Rent Stabilization program.
Clerk staff described the ordinance as an appropriation to…
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