The San Francisco Board of Supervisors approved a resolution authorizing the Mayor’s Office of Housing and Community Development (MOHCD) to apply for a $1.5 million grant under the California Department of Housing and Community Development’s Prohousing Incentive Program. The funds will be used for the development, acquisition, rehabilitation, and preservation of affordable housing for low- and moderate-income residents. The program is part of the state's effort to encourage jurisdictions that actively promote prohousing policies. The funds will be available from January 1, 2026, through January 1, 2028, and are expected to be integrated into the city’s broader affordable housing efforts, including leveraging Low-Income Housing Tax Credits (LIHTC) and tax-exempt bond financing. The Board's approval affirms the city's ongoing commitment to expanding its affordable housing stock while securing state funding for key initiatives.
This grant application represents an opportunity for San Francisco to leverage state funding to further its affordable housing initiatives. If approved, the funds will support critical efforts to increase and preserve affordable housing options, addressing the city's ongoing housing crisis.