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OCII workshop proposes $691 million ROPS for 2026–27 to fund housing, parks and bond debt
Summary
At a Jan. 20 workshop, the Commission on Community Investment and Infrastructure reviewed a proposed $691 million Recognized Obligation Payment Schedule for FY 2026–27 that prioritizes affordable and replacement housing, infrastructure bonds and debt service; the draft will go to an Oversight Board on Jan. 26 and to the State Department of Finance for approval.
The Commission on Community Investment and Infrastructure held a workshop Jan. 20 to review the Recognized Obligation Payment Schedule (ROPS) for July 1, 2026–June 30, 2027, during which staff presented a $691,000,000 request for next-year authorities to fund affordable and replacement housing, infrastructure and bond debt.
Grace Longardino, accountant 4 for OCII finance, told commissioners “In our 26, 27 ROPS, we are requesting approval for $691,000,000 of funds.” Longardino said bond proceeds are the largest funding source and that the request is about $60.9 million higher than the previous year, driven by a Mission Bay South bond issuance and new replacement housing loans.
Elizabeth Colomello, housing program manager, outlined a $163,800,000 housing request mostly composed of carry-forward…
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