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Mayor Todd Gloria touts housing gains and budget progress, unveils convention center funding request
Summary
In his 2026 State of the City, Mayor Todd Gloria said his administration had closed roughly $270 million of a $318 million structural budget gap, outlined housing milestones including permits for about 7,500 homes in 2025, vowed to advance the Midway Rising redevelopment and asked council to approve a $118 million convention center modernization plan.
Mayor Todd Gloria delivered the 2026 State of the City address at San Diego City Hall on Thursday, saying his administration has made deep cuts and operational changes that reduced a $318,000,000 structural deficit and that the city is accelerating housing production and infrastructure work.
Gloria framed his agenda around finance, housing, homelessness, public safety and infrastructure, saying, “I set the bold goal of trying to close the structural deficit in 1 year,” and reporting that the administration "solved for $270,000,000" of that deficit through spending reductions, restructured leadership and other measures.
The address centered on housing as the city’s core challenge and solution. The mayor said preliminary data show San Diego permitted roughly 7,500 homes in 2025, compared with a two-decade average of about 4,300. He cited completed community plan updates that add capacity for about 105,000 new homes and described programs he credited with accelerating production, including the administration’s "Bridal to Home" program and an "affordable housing permit now" effort the…
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