Measure C:Housing Trust FundCreates a San Francisco Housing Trust Fund that will acquire and rehabilitate affordable housing
This measure will: 1) create a San Francisco Housing Trust Fund by setting aside general fund revenues beginning in Fiscal Year 2013-2014 and ending in Fiscal Year 2042-2043 to create, acquire and rehabilitate affordable housing and promote affordable home ownership programs in the City; and 2) lower and stabilize the impacts of affordable housing regulatory impositions on private residential projects; and to authorize the development of up to 30,000 affordable rental units in the City under Article 34 of the California Constitution.
what your vote means
If you vote "yes," you want to amend the Charter to create a Housing Trust Fund that supports affordable housing for low-income and moderate-income households and to change the affordable housing requirements imposed on some private residential developments.
If you vote "no," you do not want to make this change.
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