Proposition L is a proposed extension of the city’s current 0.5% sales tax until 2053 to help fund public transportation projects. The measure also allows the city to issue up to $1.91 billion in bonds to be repaid with proceeds from the tax, which the city controller estimated will generate $100 million per year in its early years, increasing to about $236 million by 2052. Revenue from the tax would be used to fund the 2022 Transportation Expenditure Plan, which includes a variety of programs focused on basic transit maintenance, major transportation improvements, paratransit services, congestion reduction, pedestrian and bike safety, and community-based equity planning.
Tax Cuts and Eroding Worker Protections Made Wealth Gap More Extreme
When we examine the massive wealth gap between the rich and poor in this country, what stands out most is how differently it affects the country’s white and Black populations.
According to data from the Federal Reserve Board’s Survey of Consumer Finances, the typical Black family has $24,000 in wealth. That is less than 13% of the $190,000 in wealth held by the typical white family.
How California Utilities Commission Undermines the Public Records Act
Despite vows to become more transparent, the California Public Utilities Commission has systematically violated the public’s right to know about its handling of deadly disasters and corporate scandals, according to court records and First Amendment attorneys.
Applying century-old laws meant to fight corruption, the commission has effectively limited court enforcement of the state’s public records act. But a state appeals court on May 3 is hearing a lawsuit challenging that practice and could bring more transparency to the commission.
America’s Wealth Gap Is Rooted in Racism. How Did We Get Here?
While the wealth gap continues to expand, much of it is grounded in discriminatory economic practices dating back to the early 20th century that made it difficult for members of racial minorities in the U.S. to accumulate wealth — or to keep what they were able to acquire.
California Bill Would Give Tenants 3-Month Eviction Reprieve — but Only to Those Who Act Fast
A bill introduced Thursday in the California Assembly would extend eviction protections by three months for tenants who have applied for emergency rent relief related to the coronavirus pandemic. The catch: To qualify, tenants who haven’t yet asked for help would need to submit applications by the end of March, giving them less than a week to get their requests in the queue.
SF Renters on Verge of Winning Collective Bargaining Rights
Groundbreaking tenant protections just got closer to becoming a reality in San Francisco.
City supervisors Monday gave the initial thumbs-up to legislation to protect the formation of tenant associations that, like unions, could collectively bargain with landlords. The three-person Rules Committee voted unanimously to approve the protections, which now move to the full Board of Supervisors.
Thousands in SF Saddled With Rent Debt but Ineligible for Government Help
Thousands of San Franciscans who borrowed money to pay rent during the pandemic are stuck with that debt, making them worse off than those who let the bills lapse.
Federal relief funds cover only unpaid housing expenses. That leaves tenants vulnerable if they made good-faith efforts to pay those costs by taking on thousands of dollars of debt to credit card companies, payday lenders, relatives or friends — especially if they later seek different housing.
State Report Links Redlining and Pollution Threats
San Francisco neighborhoods the federal government targeted with racist lending practices face the greatest health threats from pollution, a recent state study found. The California Environmental Protection Agency analyzed the latest pollution data in historically redlined neighborhoods, where people of color were denied mortgage loans under federal policies, in the report finalized in August.
Group of Experts Devising Business Plan for SF Public Bank
A group of experts in relevant fields, from finance to affordable housing, has been selected to start to devise a business plan for a public bank. Fernando Martí, co-director of the Council of Community Housing Organizations, and Sylvia Chi, principal co-author of AB 857, California’s Public Banking Act and a member of the California Public Banking Alliance, talked with “Civic” about how a public bank would work.
In SF, Send a Text, Learn How to Avoid Eviction
San Francisco residents can now learn how to avoid eviction by sending a text message to a special phone number.
That service is part of an outreach campaign launched Friday by the San Francisco Anti-Displacement Coalition, a group of tenant-rights organizations. The goal: to teach people their rights and help them apply for rent assistance during the two months left before a statewide moratorium on evictions for unpaid rents expires.
Evictions Jump as Sheriff Lifts Pause Imposed in December
The San Francisco Sheriff’s Office evicted 25 households in the two weeks of June after the state reopened for business, more than double the monthly average over the previous six months.
Sheriff Paul Miyamoto resumed evictions that had been on pause as city officials declared that San Francisco was gaining the upper hand in its fight against the coronavirus.