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Committee advances Melgars Housing Innovation Program for further amendments and tenant talks
Summary
Chair Mirna Melgar introduced an ordinance to operationalize $10 million for a Housing Innovation Program to finance ADUs, down-payment assistance (including for family childcare providers), prototype design and limited-equity co-op loans; the committee approved non-substantive amendments and continued the item to allow tenant and stakeholder meetings.
The Land Use & Transportation Committee discussed an ordinance to implement a $10 million Housing Innovation Program aimed at supporting low- and moderate-income homeowners to build accessory dwelling units, prototype housing and limited-equity co-op ownership, and to provide down-payment assistance targeted to family childcare providers.
Chair Supervisor Mirna Melgar, the author, said the funding "is mostly geared towards house rich and cash poor homeowners" and emphasized an intent to reach neighborhoods and populations historically underserved by existing programs, including Districts 7 and 4. She described programmatic areas that would include grants for outreach and education, 0%…
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