SFGTV2 October 24, 2012
Hi, im jay konig, a member of the league of women voters. Along with the league and sf gov tv, im here to discuss proposition c the city currently uses federal, state and local funds to support Affordable Housing programs for both low income and moderate income households. Recent federal cutbacks and reductions in state funding have decreased the funding available for Affordable Housing programs. Proposition c would amend the charter to establish a Housing Trust fund. The city would contribute 20 Million Dollars to the fund in 2013. Each year the city contribution would increase by 2. 8 Millio...