San Francisco Mayor Lurie Criticizes Proposition I as 'Slush Fund' Despite Office Control
San Francisco Mayor Daniel Lurie has publicly denounced Proposition I, an affordable housing measure, labeling it an 'unaccountable slush fund.' This criticism comes despite the fact that the Mayor's Office of Housing and Community Development (MOHCD) would be responsible for administering the funds generated by Prop. I. The measure, signature-gathered by the Democratic Socialists of America (DSA), aims to direct funds from an increased transfer tax on properties valued at $10 million or more towards producing, preserving, and protecting affordable housing. Mayor Lurie's office, along with labor and the Board of Supervisors, has already developed an alternative, consensus-based affordable housing measure, Proposition C, to bolster the Housing Trust Fund. The mayor's opposition to Prop. I is rooted in concerns that it would siphon money from the general fund, potentially impacting resources for police and firefighters, and that its highly prescriptive nature, particularly regarding resident participation in...