The City is authorized to issue $100,000,000 of general obligation bonds to finance (i) the development of housing affordable to low-income households in the City and County of San Francisco, and (ii) down payment assistance to low and moderate income first-time home buyers; together with all other costs necessary or convenient for the foregoing purposes.
(Added by Ord. 12-00, File No. 992117, App. 2/11/2000)