The City and County of San Francisco are proposing a $600 million General Obligation the affordable Housing Bond to address critical housing needs, protect residents, and stabilize communities, and create new affordable homes,  particularly for the growing senior population. It is to import that to accelerate the rebuilding of distressed public housing sites for some of the City’s most vulnerable residents and as well as expand rental and homeownership opportunities for the City’s middle-income residents and workforce, including educators, first responders, non-profit workers, and service industry employees. In the year 2019 affordable Housing Bond builds upon the goals and successes of the 2015 Housing Bond. That earlier measure, which provided $310 million for low- and middle-income housing, public housing, and affordable housing built specifically in the Mission neighborhood. Also, it will be fully disbursed by July 2019 and produce or preserve over 1,600 affordable homes. The specific program breakdown and accomplishments of the 2015 Housing Bond.

The city of San Francisco also launched a nationally-acclaimed public housing rebuilding effort known as HOPE SF. Commencing in 2008, two of the four developments identified for HOPE SF investments are largely complete, and the transformation is profound. Two additional HOPE SF sites, Sunnydale and Potrero, are underway, and the Bond will help keep construction moving forward without delay. SFHA has other, smaller developments that are also converting to private ownership with a substantial rehabilitation goal. The Bond will help ensure that the habitability concerns of all remaining public housing residents can be addressed.