06. Affordable Housing

Financial Summary

Programs / Projects
(Dollars in Thousands)		 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 - 2031 Plan Total  
SPENDING PLAN 4 5 6 7 8 14 15 DEFERRED
Mayor's Office of Housing and Community Development      256,003       484,469       247,145       254,529         51,210       351,900        1,645,256        9,343,671
Office of Community Investment and Infrastructure         117,440         227,110                        -           121,768          3,520      209,400            679,238  
Treasure Island          93,500       193,000                        -        162,000                      -        397,000           845,500  
Total       466,943       904,579       247,145       538,297       54,730      958,300        3,169,994  
                 
REVENUES                
2019 Affordable Housing G.O. Bond       175,000                         -       175,000                         -                        -                           -            350,000  
2024 Affordable Housing G.O. Bond                         -                           -                          -        160,000                      -                           -             160,000  
Federal               4,137              7,350            6,350             7,350          6,350          34,750               66,287  
HOPE SF Certificates of Participation                         -                           -                          -           34,000                      -           34,000              68,000  
Housing Trust Fund           63,563          28,089         29,589           31,589      32,000      160,000           344,830  
OCII Bonds          25,680        226,148                        -         103,377          3,520      209,400             568,125  
Other Local       365,422        147,287          16,386        158,893       27,504       233,624              949,116  
State          12,000          17,000                        -            12,000                      -           36,000              77,000  
Treasure Island Debt             7,000                         -                          -              8,000                      -           24,000              39,000  
Total       652,802       425,874      227,325       515,209       69,374        731,774       2,622,358  
Total San Francisco Jobs/Year 2,924 1,907 1,018 2,308 311 3,278 11,746  
                 
Annual Surplus (Deficit) 185,859 (478,705) (19,820) (23,088) 14,644 (226,526) (547,636)  
Cumulative Surplus (Deficit) 185,859 (292,846) (312,666) (335,754) (321,110) (547,636)    

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