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Funding for affordable homeownership and community-controlled rental

0:54:19

·

27 sec

Comptroller Lander discusses the importance of funding for affordable homeownership and community-controlled rental housing, highlighting the city council's proposal for additional investment in these areas.

  • Lander mentions the council's call for $2.5 billion over 5 years for affordable homeownership and nonprofit/community-controlled rental housing
  • He notes that the state budget doesn't include funding for these initiatives
  • The comptroller emphasizes that this type of funding is critical for addressing housing needs in the city
Brad Lander
0:54:19
And then, you know, I do think and I, you know, I said this before, but I think it was before, housing chair Sanchez was here.
0:54:26
The council's call and its response for the 2 and a half $1,000,000,000 over 5 years targeted especially to, affordable homeownership and affordable nonprofit and community controlled rental.
0:54:40
There's nothing in the state budget for any of that, and we think that is critical.
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