State funds for low-income housing nearly exhausted
Newsom and proponents begin campaign
for November new funding ballot measure
Dianne Spaulding, of the Non-Profit Housing Association of Northern
California, reports to low-income Tenderloin residents how previous
state housing funds were spent since 2002. Those funds will be
exhausted by the end of 2006.
By Pat Murphy
May 17, 2006
Only Los Angeles topped San Francisco in affordable housing state
funding received through the 2002 Prop 26 Bond with local need
still urgent and the money nearly depleted.
In preparation for bond expiration by the close of this year,
a San Francisco based non-profit housing agency joined Mayor Newsom
Tuesday in backing a November state ballot measure which would
increase the pipeline.
San Francisco Mayor Gavin Newsom
The new bond would authorize $2.8 billion for low-income renters
and working family future homeowners statewide.
Known as Housing
and Emergency Shelter Trust Fund Act of 2006, and designated
Proposition 1C on the ballot, Prop 1C offers an increase over
the $2.1 billion 2002 authorization.
San Francisco today is better position for efficient implementation,
Newsom told residents of the low-income Senator Hotel located
in the Tenderloin, following two years of sharpened City focus
on housing issues.
"The biggest change in the last couple of years has been
through the Better Neighborhoods planning process, through the
organic work in the Planning Commission... building trust, doing
programmatic EIRs (Environmental Impact Report) in neighborhoods
so that we can reduce the redevelopment risk, reduce the costs
ultimately to the consumers... and to excite rather than invite
controversy," Newsom stated.
Director of the Mayor's Office of Housing Matt Franklin
The Newsom administration has set a goal of building 15,000 new
affordable housing units in the next five years and Prop C1 funding
would be applied to that goal, added the mayor.
A report released yesterday by the Non-Profit Housing Association
showed the Bay Area received $478 million in low-income housing
construction through the expiring bond. San Francisco received
$78 million while Los Angeles was the only California city receiving
a larger amount --- $100 million.