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Committee recommends two Housing Stability Fund Oversight Board nominees to full board
Summary
The Rules Committee recommended Saki Bailey and Annabelle Ibanez for two seats on the Prop I Housing Stability Fund Oversight Board, with a residency waiver for Ms. Bailey; the board advises allocation of Prop I proceeds, including a $64 million acquisition allocation referenced by the sponsor.
The Rules Committee on Jan. 31 sent two nominees for the Housing Stability Fund Oversight Board to the full Board of Supervisors with positive recommendations.
Supervisor Preston, who authored the Housing Stability Fund ordinance (Prop I, passed by voters in November 2020), described the fund’s purpose as creating a dedicated revenue stream for permanently affordable social housing…
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