Fund Nonprofits to build Low AMI housing.

Background and context (including, if applicable, where this idea came from):
Through our survey and community meetings, folks have expressed the lack of truly affordable housing being available.

Proposal (including what specifically the money would be spent on):
Set aside funds to produce deeply affordable housing at 30% AMI.

Proposal cost:
type your answer here

City Department that would implement it (if known):
Mayors's Office of Housing

People’s Budget values (for reference):

• Self-determination: We know what our communities need and we have the right to decide for ourselves.

• Transparency: We move with honesty and openness so everyone can see how decisions are made.

• Care: We keep each other safe through care / by meeting needs, not punishment.

• Solidarity: We show up for each other. None of us are free unless all of us are free!

• Community Wisdom: The people most affected by decisions should lead.

• Well-being: We deserve more than survival. Everyone should have what they need to live abundant, joyful lives.

Reminder: Residents will be asked to consider how proposals align with these values when you vote at the assembly on March 14 and to vote for proposals that align with the values.

How does this proposal align with the People’s Budget values?
type your answer here