By Randy Shaw : beyondchron – excerpt
City Faces Moment of Truth in Combating Homelessness
The Democrats’ American Rescue Plan provides $32 billion for addressing homelessness and low-income rental assistance. The National Low Income Housing Coalition website—which offers a great city and state breakdowns— has San Francisco slated to get nearly $19 million in new homeless action grant funds (the Plan also erased the city’s $650 million budget deficit).
The question then emerges: will San Francisco use these new funds to house the unhoused or only seek band aid solutions?…(more)
Simplest approach is buying back the largest properties where projects have gone nowhere and were meant to flip for profits. (Ex: Parkmerced)
Would not be much more than building new housing to renovate and infill the existing sites.