The resolution supports Senate Bill No. 3464, known as the “Housing BOOM Act,” which aims to boost federal investment and incentives for housing production to tackle the housing affordability crisis. It also endorses a companion bill to be introduced by U.S. Representative Lateefah Simon.
Resolution supporting the passage of Senate Bill No. 3464, the “Housing BOOM (Building Occupancy Opportunities for Millions)” Act, authored and introduced by United States (U.S) Senator Adam Schiff (D-Calif.), and a companion bill that will be authored and introduced by U.S. Representative Lateefah Simon (D-Calif-12), to increase federal investment and expand incentives to encourage housing production and help address root causes of the housing affordability crisis.
How it got here
The legislation originated from a need to address the housing affordability crisis in San Francisco, prompting the Board of Supervisors to support federal legislation aimed at increasing housing production.
Senator Schiff unveiled the Housing BOOM (Building Occupancy Opportunities for Millions) Act, aimed at increasing federal investment in housing production to combat the affordability crisis.
Representative Simon announced she would introduce a companion bill in the House to support the Housing BOOM Act.
The Board of Supervisors prepared a resolution to support the Housing BOOM Act, highlighting the urgent need for affordable housing in San Francisco.
The Board of Supervisors adopted Resolution No. 615-25, supporting the Housing BOOM Act and urging the California congressional delegation to ensure its passage.
The resolution became effective after the Mayor returned it unsigned, as it was not signed within the required timeframe.
Reconstructed from attached documents & the official record
