OPM
Mayor Ed Lee on Tuesday will announce plans to create the city’s first dedicated funding stream for moderate-income and affordable housing, generating $20 million to $50 million a year for 30 years.
The plan not only would help provide middle-income residents with up to $100,000 in down payment assistance, but it also is designed to stimulate market-rate development and fund 4,500 units of affordable housing.
…The money for Lee’s plan would come from a 0.2 percentage-point increase in the transfer tax on the sale of properties valued over $1 million, diverting 0.6 percent of the current tax levied on hotel stays and tapping future property tax revenue that would have gone to the city’s now-defunct redevelopment agency…
Part [meeeee] Too!
When San Francisco Supervisor John Avalos didn’t know how to vote on a resolution Tuesday, …he contacted gay rights activist Harvey Milk through the [Ouija] board before deciding whether to recommend the Navy name a ship after the slain San Francisco supervisor.
…”We asked Harvey, and Harvey gave us these letters: ‘Good riddance don’t ask, don’t tell,’ “
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21 Comments!
Forget the down payment. For $100,000 I could buy me a motor home the size of Montana, and I could move it wherever and whenever I finally got tired of San Francisco.
How’s about just letting the real estate prices fall by their own accord? If you stop propping up the price, the prices will fall. They’ve been way too high for far too long.
If you just want to get your butt plunged, do it on your own dime.
If Mayor Lee continues on that path, I’d say there won’t be any $1 million plus properties to tax in a few years. They’ll all be abandoned or depreciated, plus he’ll have to make up the revenue diverted from current programs. It won’t take Council long to spend whatever revenue he gets and then some. Must go deeper in debt to get re-elected donchaknow?
Remember that sound from Law and Order? Clankchunngggg.
Yup, more government meddling, that will fix it.
Brilliant!
It’s like … it’s like magic !
“How’s about just letting the real estate prices fall by their own accord?”
Because then property tax revenues would fall, so Lee & co. would have less money to play with.
Poor Mayor. Advice: “you raise $100 dollars or $30 million dollars, the amount is irresyphilis. ” Why? The RATz, including Moonbeam are ALREADY drafting *pencil legislation* down in the Sacrastupido Suck Hole to
confiscaterequire cities to turn over every fucking spare penny to be used by the “State”, where clear-headed, long-term looking, Unionizedcrookslegislators will put it to better use. Like: Their salaries and junkets to exotic places where they can fashion a High Speed Railroad System (…that avoids Libtard homes by 5 hunnert fucking miles!!!!!!!!!!!!!!!!!!!!!!!!!!!)Off is the general direction I would like all these peopl to F@ck.
Would have been my Eldest Daughter’s Birfday today, so I am feeling foul.
Don’t blame you Wollf– I haven’t walked in your moccasins but my own have walked a similar path.
He shoulda asked Harvey for some winning lottery numbers or a recommendation to a FABULOUS bath house!
Wollf: I haven’t walked that path either, but I think I know what you mean.
God bless.
What, you mean…
No USS Pillowbiter?
It’s vying for a spot along with the USS Butt Pirate, The USS Rump Ranger, and the USS Pole Smoker.
They tried for The USS Admiral of the Windward Passage, butt it was rejected out-of-hand. Too many letters to fit on the stern, I guess.
Sorry, anybody. Not really.
USS Milquetoast
The US Navy is big on acronyms – will the class of ship be an LGBT?
Got Milk?
http://savecalifornia.com/video/video_player.php?file=ProtectKidsFromHarveyMilkDay.xml
They had a hithy fit and got the video removed from You Tube
http://faithhopeandpolitics.com
In a sane world, “affordable housing” would be housing that doesn’t cost a lot of money.
In this world, “affordable housing” means housing that does cost a lot of money, so you pick the taxpayers’ pockets to pay people who can’t make the payments to live there.
Effin quonset huts, people, it’s not that difficult.
It would be my guess that this is an effort to prop up values where Dem pols, operatives, fellow travelers & campaign contributors have sunk a lot of money — and where they are hoping to make some more.
Anytime you hear a Dem talking about “affordable housing,” start wondering where the Dem and his/her pals are planning to milk it. There is not a molecule of altruism in the bodies of the entire lot of them.
If they are looking for a gay hero, why not name a ship after Fr. Mychal Judge, the Franciscan chaplain for FDNY who gave his life on 9/11, administering Last Rites to a firefighter when the Towers fell. And who happened to be gay and a recovering alcoholic. Harvey Milk did not deserve to be murdered but he was in office for 11 months and while there worked to get benefits and legislation for his constituents – a job he was elected to do and hardly “heroic.”
But the bigger problem here is a municipality becoming a housing lender while elected officials consult Ouija boards. And they made fun of Nancy Reagan’s astrologer friend . . .
I love this story from some old diesel dyke, who was there at the time, about how when the Carters (POTUS & FLOTUS) came to San Fran and backstage Rosyln met Harvey and was warmly shaking his hand and telling him how great he was and how they were all praying to God to heal him of his homosexuality and Milk responded, “Why thank you, Mrs Carter! And thank you just for shaking my hand!”
And Rosyln responded, “Well of course I’ll shake your hand. Why do you say that?”
And Harvey said, “Because you never know where my hand has been!”