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Committee accepts bequest for Mayor—s Fund to aid homeless families; controller to confirm policy use

Board of Supervisors, Budget and Finance Committee · February 1, 2012
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Summary

The committee approved sending forward a resolution accepting an estate gift for the Mayor—s Fund for the Homeless to support homeless-prevention services and rental subsidies; staff estimated proceeds from the sale at about $400,000 and said existing fund balances and legal bequest terms govern how the money may be used.

The Budget and Finance Committee on Feb. 6 approved sending forward a resolution accepting an estate gift to the Mayor—s Fund for the Homeless intended to support homeless-prevention services, rental subsidies and move-in grants.

Joyce Crum, director of the Housing and Homeless Division at the San Francisco Human Services Agency, told supervisors the bequest will bolster the city—s homeless-family initiative and can be used to provide short-term rental subsidies, pay…

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