Housing fund a good start for city

Providing affordable housing in San Francisco for low- and middle-income people and families is a complex issue. There is no silver bullet that will solve the problem, but Proposition C is a step in the right direction.

The proposition, proposed by Mayor Ed Lee and unanimously backed by the Board of Supervisors, would set aside $1.5 billion over the next 30 years to fund affordable-housing projects and promote home ownership.

The proposition is a response to the statewide dismantling of redevelopment agencies, which helped finance such projects locally.

Passage of Prop. C is not enough by itself to make San Francisco affordable for low- and middle-income people. Providing money for housing, as Prop. C does, should run parallel to proposals that encourage builders to construct developments that cater to people from all income levels.

The extreme rise in housing prices within San Francisco has emerged as one of the most pressing issues facing our city. A yes vote on Prop. C is a vote to keep San Francisco affordable for all of the people who make this a vibrant place to live and work.

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