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San Francisco Housing Fund, Proposition B (November 2008)
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 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 No | 181,534 | 52.19% | ||
| 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] |
Path to the ballot
Proposition B was referred to the ballot on January 8, 2008 by an 8-3 vote of the San Francisco Board of Supervisors.
In favor: Supervisors Ammiano, Daly, Dufty, Maxwell, McGoldrick, Mirkarimi, Peskin and Sandoval.
Against: Supervisors Alioto-Pier, Chu and Elsbernd.
External links
- November 4, 2008 official San Francisco voter guide
- David Latterman's analysis of the November 2008 San Francisco local ballot measures
- San Francisco Chronicle: Prop B would mandate millions for SF housing
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
