Ordinance#210538Passed

In plain English

This ordinance allocates $64.15 million from the Fiscal Cliff Reserve to the Mayor’s Office of Housing and Community Development for the development and management of affordable housing through the Housing Stability Fund for the fiscal year 2021-2022. It aims to support the acquisition and creation of social housing in San Francisco.

Ordinance appropriating $64,150,000 from the Fiscal Cliff Reserve to the Mayor’s Office of Housing and Community Development for the acquisition, creation and operation of affordable, social housing under the Housing Stability Fund in Fiscal Year (FY) 2021-2022.

Housing Transportation Budget & Taxes

Introduced: May 18, 2021

Final action: Dec 17, 2021

Sponsors: Connie Chan, Shamann Walton

Official record ↗

How it got here

Related / predecessor legislation

↑ from

Ordinance#211194Passed

The ordinance allocates $112 million to the Mayor’s Office of Housing and Community Development for funding affordable housing projects and related repairs, with a focus on high-need areas. It also sets aside $34.8 million for financing costs, pending the sale of Certificates of Participation.

Introduced Nov 17, 2021Final action Aug 4, 2022Connie Chan, Matt Dorsey, Rafael Mandelman, Shamann Walton

Legislation that followed from this

↓ led to

Ordinance#211194Passed

Introduced Nov 17, 2021Final action Aug 4, 2022Connie Chan, Matt Dorsey, Rafael Mandelman, Shamann Walton

Document trail

Leg Ver1

PDF ↗

Leg Ver2

PDF ↗

BLA Report 061621

Budget and Legislative Analyst