Proposition G | californiachoices.org

My vote

Proposition G is a Charter amendment that would create an Affordable Housing Opportunity Fund for Seniors, Families and Persons with Disabilities (Fund) to provide project-based rental subsidies for new and existing permanent affordable housing in the City through 2046. Prop G is a charter amendment that requires 50%+1 affirmative votes to pass.

Fiscal Impact: Prop G would have a significant budget impact, starting with at least $4 million in fiscal year (FY) 2026-27, $8.25 million in FY 2027-28, and increasing by up to 3% annually, rising to a maximum of approximately $14 million in FY 2045-46.

Next San Francisco County Meaure: Measure H

See Endorsements for Proposition G

Details

Pro/Con

Pro:

Supporters argue that Proposition G takes an essential step towards fulfilling our City's goal of expanding access to safe and affordable housing for households at all income levels. While San Francisco is making progress toward building new housing and upgrading existing units we also need to ensure that our lowest income seniors, families, and people with disabilities can qualify for them and are not left behind. This is a need that existing federal and state programs have been unable to adequately address

A YES vote on this measure means: you want to amend the Charter to appropriate at least $8.25 million a year to pay for rental subsidies for affordable housing developments serving ELI households of seniors, families and persons with disabilities.

YesOnGSF.com (Campaign Website)

Con:

Proposition G diverts the city's general fund to subsidize rent, a short-term "fix" with harsh long-term consequences. The measure drains critical resources from essential services like public safety, infrastructure, and education. San Francisco's budget is already in a death spiral. Committing general funds to dubious subsidies further destabilizes City finances, causing automatic cuts elsewhere.

Rental subsidies are not effectively targeted. This program is another literal lottery-with winners and losers. The measure will drive up rents across the city. Landlords, fed by the City's general fund, will raise prices. Proposition G makes housing even less affordable for many San Franciscans. It's another "hot patch" over deep-rooted ills in our housing system that will burn at-risk residents who fail to qualify.

A NO vote on this measure means: you do not want the City to make these changes.

In Depth

Proposition G is a Charter amendment that would create an Affordable Housing Opportunity Fund for Seniors, Families and Persons with Disabilities (Fund) to provide project-based rental subsidies for new and existing permanent affordable housing in the City through 2046. Under Proposition G, each year the City would be required to contribute to the Fund:

beginning in fiscal year 2026-27, at least $8.25 million a year; and
until fiscal year 2045-46, at least the prior year amount, adjusted by up to 3% based on the City’s revenues. If, in any year the City’s projected budget deficit is $250 million or more, the City may reduce its contribution to the Fund, provided that the City contributes at least $4 million in 2026-27 and at least $8.25 million in each later year.

Under Proposition G, the Mayor’s Office of Housing and Community Development (MOHCD) would administer the Fund by disbursing money to the owners of certain new and existing affordable housing developments in San Francisco to subsidize the rent of extremely low-income (ELI) households consisting of seniors, families or persons with disabilities with incomes up to 35% of AMI. The funds would subsidize the difference between the amount these tenants can afford and the rents the owner would otherwise charge.

The Fund would end on December 31, 2046, unless voters reauthorize it.

Source: Final Digest - Funding Rental Subsidies for Affordable Housing Developments Serving Low Income Seniors, Families, and Persons with Disabilities

Voter Resources

City and County of San Francisco Office of Elections