San Francisco Wins Affordable Housing Trust Fund
Posted by Miriam Axel-Lute on November 19, 2012
Though we don't yet have funding for the National Housing Trust Fund, and housing didn't get the play we had hoped in national campaigns, San Francisco put it on the agenda, taking action this Election Day to become the first city in California with a permanent local source of funding for affordable housing.
A wide coalition of groups came together to beat the streets in support of Proposition C, which established a housing trust fund for the city, and they won with 65 percent of the vote. Given San Francisco's super high cost housing and high rates of homelessness, this is an exciting win, and hopefully a model for other hot markets committed to inclusivity and a stable economic base.
Photo from Council of Community Housing Organizations.
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Miriam Axel-Lute is editor of Shelterforce and associate director of the National Housing Institute. Her email is miriam at nhi dot org.