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Ordinance#230864Passed
In plain English
This ordinance creates a program that offers forgivable loans to help low, moderate, and middle-income first-time homebuyers purchase a home in San Francisco. It also establishes a fund and requires the Human Rights Commission to set up policies for issuing and managing these loans.
Ordinance amending the Administrative Code to establish the Forgivable Loan for First-Time Homebuyers Program and the Forgivable Loan for First-Time Homebuyers Fund to assist low, moderate, and middle-income first-time homebuyers who would otherwise not be able to purchase a primary residence in San Francisco; and to require the Human Rights Commission, in consultation with the Mayor’s Office of Housing and Community Development, to establish policies and procedures to issue and possibly forgive loans from the Fund, and to provide oversight, monitoring, and forgiveness of such loans.
How it got here
Related / predecessor legislation
↑ predecessor#240197— not yet in database
Document trail
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Leg Dig Ver1
PDF ↗Official legislation text
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Leg Dig Ver2
PDF ↗Official legislation text
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How they voted
FINALLY PASSED
Board of Supervisors · Mar 12, 2024Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE
Board of Supervisors · Mar 5, 2024Pass
5-0
PASSED ON FIRST READING AS AMENDED
Board of Supervisors · Mar 5, 2024Pass
5-0
RECOMMENDED
Land Use and Transportation Committee · Feb 26, 2024Pass
1-0
Legislative journey
PresidentJul 25, 2023
→ASSIGNED UNDER 30 DAY RULE
Clerk of the BoardAug 8, 2023
→REFERRED TO DEPARTMENT
PresidentFeb 1, 2024
·TRANSFERRED
Clerk of the BoardFeb 16, 2024 – Feb 21, 2024
·NOTICED
·NOTICED
Land Use and Transportation CommitteeFeb 26, 2024
✓RECOMMENDEDPass
Board of SupervisorsMar 5, 2024 – Mar 12, 2024
✓PASSED ON FIRST READING AS AMENDEDPass
✎DUPLICATED AS AMENDED
✎AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass
✓FINALLY PASSEDPass
MayorMar 22, 2024
✓APPROVED