SF Affordable Housing Measure Defeated

Measure B would have allotted $30 million to lower-income residents who currently can't afford to live in San Francisco.

"Measure B would have required that 2.5 cents for every $100 of property tax revenue collected in the city go toward affordable housing during the next 15 years. At least half of all new affordable housing units would need to be suited for families - with two bedrooms or more - and 40 percent of new units would have to go to the poorest residents, those making less than 30 percent of the city's median income.

[Mayor Gavin] Newsom has said that the measure would tie up cash that the city needs now more than ever for social services like homeless shelters and public health programs. He has noted repeatedly that the city is facing a possible $250 million deficit in 2009, which makes this a bad time to tie up money for specific projects like affordable housing.

'Prop. B is a real backbreaker. We will have to make massive cuts to social services. That is not a threat, it is an objective truth,' Newsom said. 'As much as we all support affordable housing, where do we find the money in this budget climate?'

The mayor added that the city already has spent more than $200 million on affordable housing in the past several years, and is building more units - some affordable, some not - than anytime in recent history."

Full Story: Affordable housing measure fails in SF


building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.