This legislation calls for a hearing to review the status of the Mayor’s Office of Housing and Community Development's Below Market Rate Program, focusing on participant numbers, income levels served, funding, demographics, and available units. The goal is to gather detailed information and request a report from the MOHCD.
Hearing on the review and status of the Mayor’s Office of Housing and Community Development’s (MOHCD) Below Market Rate (BMR) Program, including inquiring about the number of participants in the Program, what Area Median Income’s (AMI) are currently being serviced, the Program’s funding availability, participant demographics, number of units in development, and number of units currently available; and requesting MOHCD to report.
How it got here
The legislation originated from a request by Supervisor Ahsha Safai to review the Mayor’s Office of Housing and Community Development's Below Market Rate Program due to concerns about unit vacancies and program efficiency.
Supervisor Safai introduced a hearing request to review the status of the MOHCD's Below Market Rate Program, focusing on participant demographics and unit availability.
The hearing request was referred to the Mayor’s Office of Housing and Community Development for their input and report.
The committee reviewed the status of the BMR Program, discussing issues such as unit vacancies and program efficiency.
The committee continued the hearing to further discuss the findings and recommendations regarding the BMR Program.
The file remained active as discussions continued regarding the BMR Program's effectiveness and participant engagement.
The hearing request was filed, indicating that the legislative process regarding the BMR Program had concluded.
Reconstructed from attached documents & the official record
