San Francisco Housing Fund, Proposition B (November 2008)

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A San Francisco Housing Fund Act, Proposition B ballot question was on the November 4, 2008 ballot in San Francisco, where it was defeated:

If Proposition B had been approved, it would have authorized the city to establish an "Affordable Housing Fund". This would have been funded with a set-aside from the property tax of 2.5 cents for every $100 of assessed value. The revenue would have been used to acquire and develop new affordable housing units.

Election results

Proposition B
ResultVotesPercentage
Defeatedd No181,53452.19%
Yes 166,299 47.81%
These final, certified, results are from the San Francisco elections office.

Ballot question

The question on the ballot:

Proposition B: "Shall the City establish an Affordable Housing Fund; set aside from the property tax 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?"[1]

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