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Committee backs housing‑stability fund, prioritizes educator housing and oversight amendments

Land Use and Transportation Committee, San Francisco Board of Supervisors · October 19, 2020
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Summary

Committee duplicated and amended the Housing Stability Fund ordinance to prioritize educator housing (20% through 12/31/2022), reduce oversight board seats, extend term limits and make the oversight body permanent; proponents said the fund will support preservation, land trusts and limited‑equity co‑ops.

The committee voted Oct. 19 to forward to the full Board an amended Housing Stability Fund ordinance intended to finance acquisition, creation and operation of permanently affordable social housing.

Sponsor Supervisor Dean Preston described multiple…

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