Bay City Beacon: “SF Mayor Breed Proposes Bonds for Housing, Earthquake Safety”
“Mayor London Breed will be asking voters for a billion dollars in infrastructure bonds for affordable housing and seismic safety. This comes at a pivotal time for the unlikely mayor to start defining her legacy…
Key stakeholders in the nonprofit sector welcomed Breed’s announcement. JR Starrett, a spokesperson for the Non-Profit Housing Association of Northern California (NPHANC), said the proposal came with regional momentum for increased public investments in affordable housing.
“We are encouraged to see Mayor Breed continue to employ this strategy in the wake of a year when voters throughout the greater Bay Area overwhelmingly support a housing agenda on the November 2018 ballot, culminating in $6.2 billion in additional funding on the state and local level,” Starrett explained. “San Franciscans overwhelmingly supported State Proposition 1, the Veterans and Affordable Housing Act, with 74% of vote share. Bay Area cities and counties such as Berkeley ($135 million), Emeryville ($50 million), Santa Clara County ($900 million), and Alameda ($580 million) have all found success of reaching a two-thirds majority needed for public approval.””
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