From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature
Newsoms Housing Authority Plan Ignores Available Federal Funds
Monday, June 11, 2007 :Since San Francisco Mayor Gavin Newsom took office in 2004, the city has failed to apply for $355 million in HOPE VI grants that HUD has made available for upgrading housing projects. Newsom is the only mayor of the past three who has failed to apply for this money, and his Administration does not intend to apply for funds this year either.
To qualify for these funds, the SFHA would have had to seek and receive a waiver from HUD because of its current failing grades for the physical condition of the units and the financial condition of the Agency. Rather than seek a waiver that would highlight the Housing Authoritys decline under his watch, the Mayor gave up the federal money and seeks to fund project upgrades by partnering with private developers and issuing local revenue bonds. The lack of federal money means that hundreds of market-rate condos will have to be approved near public housing sites to subsidize construction of the rebuilt low-income units, speeding the gentrification process.
Mayor Newsoms announcement last Friday of a new partnership between the city and the Housing Authority was a positive, but long overdue, step. Considering that the Mayor appoints all Housing Authority Commissioners and runs the Authority without any interference by his frequent adversaries on the Board of Supervisors, the SFHAs failures over the past four years are clearly his responsibility.Read More
Mayor Newsoms announcement last Friday of a new partnership between the city and the Housing Authority was a positive, but long overdue, step. Considering that the Mayor appoints all Housing Authority Commissioners and runs the Authority without any interference by his frequent adversaries on the Board of Supervisors, the SFHAs failures over the past four years are clearly his responsibility.Read More
For more information:
http://www.beyondchron.org/news/index.php?...
Add Your Comments
We are 100% volunteer and depend on your participation to sustain our efforts!
Get Involved
If you'd like to help with maintaining or developing the website, contact us.
Publish
Publish your stories and upcoming events on Indybay.
Topics
More
Search Indybay's Archives
Advanced Search
►
▼
IMC Network