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Committee forwards six Local Operating Subsidy Program contracts to full Board to support permanent supportive housing
Summary
The committee approved forwarding six LOSP contract resolutions that add roughly 238 permanent supportive housing units and expand the local operating subsidy portfolio; BLA projected a 15‑year general‑fund cost of about $46.5M for the six contracts and recommended annual reporting improvements.
The committee considered items 2 through 7, six resolutions authorizing Local Operating Subsidy Program (LOSP) contracts to provide operating subsidies for formerly homeless households.
Sophie Hayward and Anne Romero of the Mayor’s Office of Housing and Community Development described the LOSP as a 15‑year grant program that pays the difference between operating costs and rental revenue and is designed to support…
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