Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Councilmember Todillos asks staff to analyze pairing financing tools to boost affordable housing
Summary
Councilmember Todillos asked the Rules and Open Government Committee to accept a memo directing staff to analyze combining financing tools — including housing production incentives, master lease financing, gap financing and private activity bonds — to increase affordable units in mixed-income projects; the committee approved the referral to workload analysis.
Councilmember Todillos presented a memo asking the committee to authorize a deeper analysis of alternative financing tools to support affordable housing production.
"The memo before you today is a direct response to the options outlined in the recent info memo from housing director Eric Sullivan on alternative financing for affordable housing production," Todillos said, adding that limited public funding has been the greatest constraint on producing affordable…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
