BECOME A MEMBER
THE PUBLIC PRESS
By Catherine Borgeson, KQED News Fix
It's a hard time to find an affordable place in the city. Rents have climbed 10 percent at a time of year when they're normally going down. Exacerbating the problem, San Francisco lost millions of dollars in low-income housing funding when Gov. Jerry Brown dissolved redevelopment agencies in February.
In San Francisco, "affordable housing" is mainly a network of low-cost apartments spread throughout the city that house a variety of residents from the elderly, disabled, veterans, families, formerly homeless to immigrants.
Even when there was redevelopment funding, it was still difficult for low-income residents to land an apartment. For instance at Crocker Amazon Seniors Apartments, there were 1,600 applicants for 37 studio and one-bedroom apartments when it opened in 2005.
Supporters of Proposition C on the Nov. 6 ballot are asking voters to earmark funding for affordable housing and down payment assistance. Mayor Ed Lee’s proposal would create a Housing Trust Fund that would amount to $1.4 billion over the next 30 years. It would develop 30,000 affordable rental units over the next three decades.
Read the complete story at KQED News Fix.
44 Page St. Suite 504, San Francisco, CA 94102 | (415) 495-7377
The San Francisco Public Press is a 501(c)3 nonprofit organization. Donations are tax deductible to the extent allowed by law. We have received funding from national and local foundations and more than 500 individuals.