City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
230971
Name:
General Obligation Bond Election - Affordable
Housing - Not to Exceed $300,000,000
Status:
Type:
Ordinance
Passed
File created:
In control:
9/12/2023
Clerk of the Board
On agenda:
Final action:
11/16/2023
Enactment date:
11/16/2023
231-23
Enactment #:
Title:
Ordinance calling and providing for a special election to be held in the City and County of San
Francisco on Tuesday, March 5, 2024, for the purpose of submitting to San Francisco voters a
proposition to incur bonded indebtedness of not-to-exceed $300,000,000, subject to independent
citizen oversight and regular audits, to finance the construction, development, acquisition, and/or
rehabilitation of rental affordable housing, including workforce housing and senior housing, for
households ranging from extremely low-income to moderate-income households; and related costs
necessary or convenient for the foregoing purposes; authorizing landlords to pass-through 50% of the
resulting property tax increase, if any, to residential tenants under Administrative Code Chapter 37;
providing for the levy and collection of taxes to pay both principal and interest on such Bonds;
incorporating the provisions of the Administrative Code relating to the Citizens’ General Obligation
Bond Oversight Committee’s review of Affordable Housing Bond expenditures; setting certain
procedures and requirements for the election; affirming a determination under the California
Environmental Quality Act; and finding that the proposed Bond is consistent with the General Plan,
and with the eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Aaron Peskin, Connie Chan, Ahsha Safai, Rafael Mandelman, Hillary Ronen, Shamann
Walton, Dean Preston, Catherine Stefani, Myrna Melgar, Joel Engardio
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral GO Bond CON 091523, 4. Referral GO Bond Mandated
091523, 5. Referral GO Bond PLN 091523, 6. PLN GPR 092223, 7. PLN CEQA Det 092223, 8. CON
Costing Ltr 101823, 9. BLA Rpt 102523, 10. Cmte Pkt 102523, 11. MOHCD - 2024 Affordable Housing
GO Bond Report, 12. MOHCD Presentation 102523, 13. Leg Ver2, 14. Leg Dig Ver2, 15. BLA Rpt
110123, 16. Cmte Pkt 110123, 17. Public Correspondence, 18. Board Pkt 110723, 19. Board Pkt
111423, 20. Leg Final, 21. Transmittal to Elections 112023
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
9/12/2023
1
REFERRED TO DEPARTMENT
Clerk of the Board
9/15/2023
1
RESPONSE RECEIVED
Planning Department
9/22/2023
1
RESPONSE RECEIVED
Controller
10/18/2023
1
CONTINUED AS AMENDED
Budget and Finance Committee
10/25/2023
2
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
10/25/2023
1
Pass
RECOMMENDED
Budget and Finance Committee
11/1/2023
2
Pass
PASSED ON FIRST READING
Board of Supervisors
11/7/2023
2
Pass
FINALLY PASSED
Board of Supervisors
11/14/2023
2
Pass
APPROVED
Mayor
11/16/2023
2