Voters in San Francisco, California, will decide on seven ballot measures on Mar. 5, 2024, including one bond measure, one charter amendment, four ordinances, and one declaration.
The ballot measures concern topics related to housing bonds, allowing commercial spaces to be converted to residential properties without incurring a real estate transfer tax, local ethics laws, drug screening requirements for recipients of public benefits, student math requirements, and changes to the San Francisco Police Department and policing procedures.
Proposition A would authorize San Francisco to issue $300 million in bonds to construct, develop, acquire, or rehabilitate affordable housing, including constructing 46,598 very low- to moderate-income housing units by 2031 as required by state law; authorize a property tax increase (projected to be an average of $5.70 per $100,000 assessed value) through 2047 to repay the bonds; and allow landlords to pass through up to 50% of resulting property tax increases to tenants.
