San Francisco Boosts Affordable Housing Fund

San Francisco aims to revitalize affordable housing with a significant boost to its Housing Trust Fund, potentially doubling annual contributions to $125 million. This proposal, alongside reduced affordable housing requirements for private developers, forms a multi-faceted approach to tackle the housing shortage. The city also plans to issue a $70 million revenue bond for preserving existing affordable housing and acquiring buildings for permanent affordability. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4eaaba196763b945