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New Study on Affordable Housing Benefit Fee

14 Nov

The Economic Roundtable has released a new study documenting “the connection between property development and demand for affordable housing.” The study notes that if an affordable housing benefit fee had been in place from 1997 to 2007, “it could have generated an average of $35 to $110 million a year in revenue.” Download the report here.

San Francisco: Proposition C – Affordable Housing Trust Fund

17 Oct

THE PROPOSAL: If approved, this measure would create the San Francisco Housing Trust Fund by dedicating a portion of the City’s general fund revenues “to create, acquire and rehabilitate affordable housing and promote affordable home ownership programs” [PDF]. The bill also calls for a 20 percent reduction in the City’s affordable housing requirements for most projects. Continue reading

Housing the Homeless and Saving Money

15 Jun

In 2007, Community Solutions, working closely with County officials, launched a pilot program called Project 50. The goal of the project was to identify and house the most vulnerable homeless individuals in the county and provide them with housing and services. The goal was twofold: (1) get chronically homeless folks off the streets and into supportive housing, and (2) save taxpayer dollars. Thus far, the program has proved to be just as successful as its creators had hoped. Continue reading