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San Francisco, California, Proposition A, Affordable Housing Bond Measure (March 2024)

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San Francisco Proposition A

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Election date

March 5, 2024

Topic
City bonds and Local housing
Status

ApprovedApproved

Type
Referral


San Francisco Proposition A was on the ballot as a referral in San Francisco on March 5, 2024. It was approved.

A "yes" vote supported:

  • authorizing San Francisco to issue $300 million in bonds to construct, develop, acquire, or rehabilitate affordable housing, including constructing 46,598 very low- to moderate-income housing units by 2031 as required by state law; 
  • authorizing a property tax increase (expected to be an average of $5.70 per $100,000 assessed value) through 2047 to repay the bonds; and
  • allowing landlords to pass through up to 50% of resulting property tax increases to tenants.

A "no" vote opposed authorizing San Francisco to issue $300 million in bonds to construct, develop, acquire, or rehabilitate affordable housing.


A 66.67% supermajority vote was required for the approval of Proposition A.

Election results

San Francisco Proposition A

Result Votes Percentage

Approved Yes

158,497 70.38%
No 66,690 29.62%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition A was as follows:

SAN FRANCISCO AFFORDABLE HOUSING BONDS. To construct, develop, acquire, and/or rehabilitate housing, including workforce housing and senior housing, that will be affordable to households ranging from extremely low-income to moderate-income households; shall the City and County of San Francisco issue $300,000,000 in general obligation bonds, subject to independent citizen oversight and regular audits, with a duration of up to 30 years from the time of issuance, an estimated average tax rate of $0.0057/$100 of assessed property value, and projected average annual revenues of $25,000,000?

Full Text

The full text of this measure is available here.


Support

Supporters

Officials

Political Parties

  • San Francisco Democratic Party

Organizations

  • Council of Community Housing Organizations
  • Mission Housing Development Corporation
  • San Francisco Bay Area Planning and Urban Research Association
  • San Francisco Council of District Merchants Associations
  • San Francisco Democratic County Central Committee
  • San Francisco Labor Council
  • San Francisco Women's Political Committee
  • Senior and Disability Action
  • United Educators of San Francisco


Arguments

  • Mayor London Breed: "That's why we've come together to champion Proposition A, a critical solution to our housing affordability crisis. Proposition A will: • Provide essential affordable housing for working parents and families so they can continue to live and work in San Francisco. • Secure housing for seniors on fixed incomes who are having to choose between paying for housing and purchasing groceries and necessities. • Provide affordable housing for first responders so they can both live and work in the city and be available if an earthquake or other disaster strikes. • Help San Francisco meet our State RHNA housing goals which require us to approve 46,000 affordable housing units in the next eight years or lose state funding. • Implement stringent fiscal controls and robust oversight including annual independent audits and review of all spending to ensure that funds are used as promised. • Earn matching funds from state and federal affordable housing programs with a goal of doubling our investment for housing. • Not increase property tax rates, so that neither homeowners or renters will see an increase in housing costs as a result of the bond."


Opposition

Arguments

  • Larry Marso, Esq.: "The Mayor and Board of Supervisors have embraced insane state mandates to build 82,000 new San Francisco homes over 5 years. Their plan changes the character of every neighborhood, bulldozes the West Side, and brings poverty, drugs, crime and homelessness to a street corner near you. Vote NO on Proposition A to stop it. For a decade, San Francisco taxpayers poured $1.5 billion into 'affordable housing' schemes, including a $600 million bond (2019) and a $245 million bond (2020). Why another $300 million bond now? The city's borrowing capacity is nearly exhausted. Big trouble ahead for infrastructure bonds: Earthquake Safety, Healthcare and Waterfront Safety. The Mayor's Office of Housing and Community Development ended 2022 with $537 million in excess funds. It doesn't need the money. Not a penny of "affordable housing" programs benefit existing home owners and renters. Proposition A's radical agenda is state ownership and control of the real estate market, the end of vacancy decontrol ("Costa Hawkins"), dismantling Proposition 13 and dramatically higher property taxes. I led the campaign against the 2022 MUNI bond, a victory for taxpayers. We cut future property taxes by $4,000 per homeowner. Let's do it again."


Path to the ballot

See also: Laws governing local ballot measures in California

The San Francisco Board of Supervisors voted unanimously to place the measure on the ballot on November 14, 2023. Mayor London Breed approved of the measure on November 16, 2023.

How to cast a vote

See also: Voting in California

See below to learn more about current voter registration rules, identification requirements, and poll times in California.

How to vote in California


See also

Footnotes

  1. California Secretary of State, "Section 3: Polling Place Hours," accessed August 12, 2024
  2. California Secretary of State, "Voter Registration," accessed August 13, 2024
  3. 3.0 3.1 California Secretary of State, "Registering to Vote," accessed August 13, 2024
  4. California Secretary of State, "Same Day Voter Registration (Conditional Voter Registration)," accessed August 13, 2024
  5. SF.gov, "Non-citizen voting rights in local Board of Education elections," accessed November 14, 2024
  6. Under federal law, the national mail voter registration application (a version of which is in use in all states with voter registration systems) requires applicants to indicate that they are U.S. citizens in order to complete an application to vote in state or federal elections, but does not require voters to provide documentary proof of citizenship. According to the U.S. Department of Justice, the application "may require only the minimum amount of information necessary to prevent duplicate voter registrations and permit State officials both to determine the eligibility of the applicant to vote and to administer the voting process."
  7. California Secretary of State, "What to Bring to Your Polling Place," accessed August 12, 2024
  8. BARCLAYS OFFICIAL CALIFORNIA CODE OF REGULATIONS, "Section 20107," accessed August 12, 2024
  9. Democracy Docket, "California Governor Signs Law to Ban Local Voter ID Requirements," September 30, 2024
  10. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.