rich 1.0 Action Network https://actionnetwork.org <link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/letter/save-prop-i-and-affordable-housing-funds?format=js&source=widget'></script><div id='can-letter-area-save-prop-i-and-affordable-housing-funds' style='width: 100%'><!-- this div is the target for our HTML insertion --></div> DSA San Francisco https://actionnetwork.org/groups/dsa-san-francisco https://can2-prod.s3.amazonaws.com/letters/photos/000/438/118/normal/3300Mission.jpeg On Wednesday February 25, billionaire Mayor Daniel Lurie and Supervisor Bilal Mahmood announced a tax cut for wealthy real estate investors. They propose to repeal 2020's Proposition I, which has raised hundreds of millions of dollars for rent relief and affordable housing. Although Prop I revenue has never been fully dedicated to social housing as intended, it has funded over $200 million to help San Franciscans afford housing as of 2024, including $42 million for the strongest Covid rent relief program in country, which helped save more than 20,000 San Franciscans from eviction; $40 million for land banking, which has been used to build more than 550 affordable homes; and $64 million for housing acquisition that has taken hundreds of homes off the private speculative market. Even more can be accomplished if the City devotes future Prop I funds to social housing as voters intended. Write a letter to the Board of Supervisors telling them to reject this blatant attempt to cut taxes on the richest corporate real estate owners at the expense of working San Franciscans. https://actionnetwork.org/letters/save-prop-i-and-affordable-housing-funds