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San Francisco committee pauses $39.14M bond plan to refine voter language for soft‑story retrofits
Summary
The Budget & Finance Subcommittee reviewed a $39.14 million general‑obligation bond proposal to fund seismic retrofits for soft‑story affordable housing and continued the item for one week to refine voter messaging and eligibility language.
The Budget & Finance Subcommittee on June 8 reviewed a proposal to ask San Francisco voters to authorize $39,140,000 in general‑obligation bonds to fund seismic retrofits of soft‑story housing and continued the measure for further language work.
Jason Elliott, a mayor’s policy adviser, told the committee the bond would target buildings that are most vulnerable in a major earthquake and said CAPS (Community Action Plan on Seismic Safety) and the mayor’s office of housing estimate retrofit costs at about $275,000 per building. Elliott said the city has identified…
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