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San Francisco | Government & Elections

San Franciscans vote on Affordable Housing Nov. 6th
by Bill Carpenter ( wcarpent [at] ccsf.edu )
Monday Nov 5th, 2012 5:14 PM
People demonstrated November 5th at Powell & Market for Propositions C & E on the San Francisco ballot the next day.
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HOMELESS FAMILIES MARCH TO SUPPORT PROPOSITIONS C AND E

When:           10:00 am Monday November 5, 2012
Where:          Powell and Market
What:   Homeless families and individuals and their supporters will gather for a march to Civic Center to demonstrate their support for Prop C, Housing Trust Fund and Proposition E, “Small Business Relief and Economic Recovery Initiative”.  Most of the marchers are personally experiencing the housing crisis and are determined to address their plight.

[SAN FRANCISCO] – Homeless families and individuals and their supporters will gather for a march to Civic Center to demonstrate their support for Prop C, Housing Trust Fund and Proposition E, “Small Business Relief and Economic Recovery Initiative”.  This will be an exciting event that will draw attention to these initiatives the day before the election.

The first initiative, the Housing Trust Fund will offset funding lost through the elimination of Redevelopment Agencies throughout the state and Prop E will replace the $24 million lost to the city’s general fund when large San Francisco corporations, known as the “filthy 50” sued the city and county of San Francisco over it’s business tax.

The housing crisis is reaching newly devastating heights as rents are skyrocketing due to the tech bubble and low income San Franciscans are facing an unprecedented income rent disparity.  San Francisco now has the highest waitlist for family shelters, and 40,000 household on the combined Housing Authority affordable housing waitlist.

Proposition C sets aside $20 million in its first year of implementation and generates more than $1.2 billion over the next 30 years; the most ambitious attempt to restore affordable housing funding by any city in the nation. Propsition C aims to help low-income and middle-income families by providing down payment assistance as well as foreclosure prevention and funding for upgrading deteriorating buildings – all important aspects to address when attempting to alleviate the growing ranks of homeless families in San Francisco.

Proposition E, “Small Business Relief and Economic Recovery Initiative”, is an effort to correct a problematic business tax structure that unfairly burdens small businesses and provides unstable income to the city.

##

Jennifer Friedenbach
Executive Director
Coalition on Homelessness, San Francisco
468 Turk Street
San Francisco, CA 94102
(415) 346-3740 x 306
fax:  775-5639

To learn more about our work, and to get the latest scoop on the politics of poverty in SF, go to the Street Sheet blog: http://www.cohsf.org/streetsheet