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(a) Establishment of Fund. The Housing Stability Fund (the “Fund”) is established as a category four fund to receive any monies appropriated or donated for the purpose of providing funds for the acquisition, creation, operation, development, construction, or rehabilitation of Social Housing Developments as defined in subsection (e).
(b) Use of Fund. The Housing Stability Fund shall be used exclusively for the purpose of providing funds for Social Housing Developments including, but not limited to, the acquisition of land and/or improvements, preservation, development, rehabilitation, construction, operation, loans, grants, and other eligible uses determined by the Mayor’s Office of Housing and Community Development (“MOHCD”), and as included in any Housing Stability Fund regulations. Among the objectives of the Fund is to prioritize acquisition and creation of affordable housing that lacks access to traditional state and federal affordable housing funding.
(c) Administration of Fund. MOHCD shall administer the Housing Stability Fund, and in that capacity may expend funds for a range of eligible uses in accordance with annual program goals and priorities set for the F1
per subsection (d), and enter into loan or grant agreements under terms as determined in the Housing Stability Fund regulations.
(d) Reporting. MOHCD shall submit a report annually by February 15 to the Board of Supervisors and the Mayor, on the use of the Housing Stability Fund during the preceding calendar year, which shall include, but need not be limited to, the amounts approved for disbursement to specific uses, the number and size of sites acquired and type (including improved or vacant), the scope of rehabilitation work for improved sites, the number of units developed or assisted by the Housing Stability Fund, the neighborhoods/geography of projects funded, the impact on racial equity, and overall program implementation goals for the current fiscal year and proposed priorities for the next fiscal year. The report to the Board of Supervisors shall be accompanied by a draft motion for the Board to accept the report.
(e) Social Housing Developments. Social Housing Developments are housing developments that meet the following two criteria: (1) the City, a nonprofit, residents, or a residents association under binding regulatory agreement ensuring permanent affordability, retains an ownership interest in the land, improvements, or both, or has permanent loan and regulatory agreements for the property, and (2) the Social Housing Development serves all income qualified households with a maximum average of not more than 80% of median income across all units in a project, based on the median income within the zip code area where the project is located, as determined and updated annually and published by MOHCD and affordable to such households applicable to a unit. Social Housing Developments shall include, but not be limited to, community land trusts, limited equity cooperative housing, nonprofit housing corporation housing, and municipal housing. MOHCD shall establish minimum regulatory requirements for all Social Housing Developments, including but not limited to, enforceable income and affordability restrictions for the useful life of the property but no less than 99 years through a recorded restriction or ground lease from MOHCD.
(f) Fund Regulations. The Director of MOHCD, or the Director’s designee, is authorized to develop program rules and regulations regarding use of monies in the Housing Stability Fund, including regulatory agreements to ensure permanent affordability of Social Housing Developments funded under this program, to best achieve the purposes of the Fund. No housing funded under this program shall be allowed to be used for Short-Term Residential Rental in accordance with Administrative Code Section 41A.4.
(Added by Ord. 233-20, File No. 201183, App. 11/13/2020, Eff. 12/14/2020)
CODIFICATION NOTE
(a) Establishment of Fund. The Human Services Agency's Working Families Credit Fund is established as a category eight fund for the purpose of receiving all public monies and gifts, donations and contributions of money which may from time to time be received by the City and County through the Human Services Agency for the purpose of implementing the Working Families Credit Program established in Chapter 12S.
(b) Use of Fund. All expenditures from such fund shall be made for the purpose of administering and implementing the Working Families Credit Program established in Chapter 12S.
(Added by Ord. 194-04, File No. 040737, App. 7/30/2004; Ord. 308-06, File No. 061562, App. 12/18/2006)
Editor's Note:
Formerly Section 10.100-347.
Formerly Section 10.100-347.
(a) Establishment of Fund. The Hotel Room Tax Fund (“Fund”) is established as a category four fund as defined in Section 10.100-1 of the Administrative Code, and shall receive all taxes, penalties, interest, and fees described in Section 515.01
(a) of Article 7 of the Business and Tax Regulations Code.
(c) Administration of Fund. As stated in Section 515.01
(d) of Article 7 of the Business and Tax Regulations Code, commencing with a report filed no later than February 15, 2020, covering the fiscal year ending June 30, 2019, the Controller shall file annually with the Board of Supervisors, by February 15 of each year, a report containing the amount of monies collected in and expended from the Fund during the prior fiscal year, the status of any project required or authorized to be funded by Section 515.01
, and such other information as the Controller, in the Controller’s sole discretion, shall deem relevant to the operation of Section 515.01
.
(Added by Proposition E, 11/6/2018, Eff. 12/14/2018, Oper. 1/1/2019)
(a) Establishment of Fund. The Infant and Toddler Early Learning Scholarship Fund (“the Fund”) is hereby established as a category four fund to provide financial assistance to both family child-care homes and early care and education centers that are licensed by the State of California (collectively “Providers”).
(b) Sources of Funds. The Fund may re- ceive any legally available monies appropriated for this purpose including, but not limited to, monies received by the City through public-private partnerships.
(c) Use of Funds. The Department of Early Childhood (the “Department”), as successor to the Office of Early Care and Education (“OECE”), shall use monies in the Fund to provide grants to Providers under a funding program that the Department shall establish. The purpose of the grants shall be to expand access to quality infant and toddler care for parents and guardians who (1) reside in San Francisco, (2) work or attend school at least part-time, (3) have a child younger than 36 months old, and (4) have a moderate family income subject to a limit established by the Department, which shall be no less than 110% of Area Median Income for the San Francisco area, derived from the U.S. Department of Housing and Urban Development, adjusted solely for household size.
(d) Administration and Oversight of Fund. The Department shall administer the Fund.
(1) No later than six months after the effective date of the ordinance in Board File No. 161034 enacting this Section 10.100-81, and prior to issuing any grants, the Department shall adopt rules for the program consistent with this Section 10.100-81. The rules shall at a minimum establish a selection process for awarding grants, eligibility criteria for Providers receiving grants, procedures for determining the size and frequency of grant awards, processes for disbursement of grant funds, restrictions on the use of grant funds, criteria for determining which families’ tuition costs may be reduced by grant funds, and reporting obligations for Providers. The rules shall establish criteria that prioritize funding that supports parents and guardians who attend publicly funded colleges or universities in the City over those who attend other colleges or universities.
(2) Within 15 days after adopting initial rules for the program under subsection (d)(1), the Department shall submit a copy thereof to the Board of Supervisors. These rules shall not become effective, and the Department shall issue no grants thereunder, until at least 90 days after the Department has submitted the rules to the Board of Supervisors. Any subsequent rules or rule amendments adopted by the Department shall become effective immediately upon adoption.
(3) The Department shall submit an annual report to the Board of Supervisors and the Mayor describing the implementation of the program.
(a) Establishment of Fund. The Jackson Playground Park Fund is established as a category four fund to receive fees and other contributions to the fund.
(b) Use of Fund. The Jackson Playground Park Fund is to be used for the construction of physical improvements to the Jackson Playground Park, and for repair and maintenance of the Jackson Playground Park. All expenditures from the fund shall require prior approval of the General Manager of the City’s Recreation and Park Department.
(c) Administration of Fund. The Recreation and Park Department shall administer the fund and shall report annually to the Board of Supervisors on the current status of the fund, the amounts approved for disbursement, and the improvements and activities funded. The Recreation and Park Department shall have the authority to prescribe rules and regulations governing the fund.
(Added by Ord. 26-22, File No. 212298, App. 2/18/2022, Eff. 3/21/2022)
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