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Affordable housing is solely used for Affordable Housing needs. Recently here in San Francisco a developer refinanced an Affordable Housing development which was funded with a mix of Public Resources made millions off the transaction and spent the money on dark campaigns here in town and well over 100,000 to candidates and ballot measures and committees over the years. To my this activity is outrageous. There should be never a perception that resources are used for political purposes and thats why i introduced this ordinance. When Affordable Housing Developers Get funds the funds should go to
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