Mayor Lee Announces San Francisco Housing Trust Fund to Boost Production of Middle & Low Income Housing

Mayor Lee Announces San Francisco Housing Trust Fund to Boost Production of Middle & Low Income Housing

May 24, 2012 – (RealEstateRama) — Mayor Edwin M. Lee today announced the introduction of a Housing Trust Fund Charter Amendment to the Board of Supervisors to protect family housing in San Francisco. If adopted by the Board and approved by voters, a permanent source of revenue would fund the creation of housing that is affordable to low and moderate households in San Francisco for the next 30 years. The measure is expected to go before voters in November.

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