This ordinance allocates $150 million from 2020 Health and Recovery bonds to the Department of Public Health and the Mayor’s Office of Housing and Community Development for acquiring and improving facilities related to behavioral and mental health, as well as supportive housing and shelters for Fiscal Year 2025-2026. The funds will be held in reserve until the bond proceeds are received.
Ordinance appropriating $150,000,000 of General Obligation (GO) Bond proceeds from 2020 Health and Recovery GO Bonds, Series 2025G to the Department of Public Health (DPH) and Mayor’s Office of Housing and Community Development (MOHCD) for acquisition and improvement of real property for various behavioral and mental health facilities, permanent supportive housing or shelters, and related costs in Fiscal Year (FY) 2025-2026; and placing these funds on Controller’s Reserve pending receipt of bond proceeds.
How it got here
This legislation originated from the need to allocate funds from the 2020 Health and Recovery General Obligation Bonds for mental health and housing projects in San Francisco.
Voters approved Proposition A, authorizing the sale of up to $487.5 million in General Obligation Bonds for health and recovery projects.
The Board approved Resolution No. 235-21, authorizing the issuance of $425 million of Series 2021D General Obligation Bonds.
The Mayor's Office introduced an ordinance to appropriate $150 million from the 2020 Health and Recovery GO Bonds, Series 2025G to the Department of Public Health and the Mayor’s Office of Housing and Community Development.
The Budget and Finance Committee reviewed and amended the ordinance, recommending it for approval.
The Board of Supervisors passed the ordinance on first reading.
The Board of Supervisors finally passed the ordinance, appropriating the funds for mental health and housing projects.
The Mayor approved the ordinance, allowing the appropriation of the bond proceeds.
Reconstructed from attached documents & the official record
This resolution allows San Francisco to issue and sell up to $150 million in general obligation bonds to fund health and recovery initiatives. It also outlines the terms, procedures, and necessary approvals for the bond sale.
This ordinance removes $160,467,200 in funding from the 2020 Health and Recovery General Obligation Bonds that was allocated to the Department of Public Health and the Department of Homelessness and Supportive Housing for the fiscal year 2025-2026. The funds will no longer be available for their intended purposes.
This ordinance removes $160,467,200 in funding from the 2020 Health and Recovery General Obligation Bonds that was allocated to the Department of Public Health and the Department of Homelessness and Supportive Housing for the fiscal year 2025-2026. The funds will no longer be available for their intended purposes.
This resolution allows San Francisco to issue and sell up to $150 million in general obligation bonds to fund health and recovery initiatives. It also outlines the terms, procedures, and necessary approvals for the bond sale.
