Housing Funds: Mayor Launches New Home Loan Assistance Program
Mayor Edwin M. Lee and Supervisor Mark Farrell launched the down payment home loan assistance program for San Francisco first responders who are active member of the San Francisco Police Department, San Francisco Fire Department, or the San Francisco Sheriff’s Department. The Mayor’s Office of Housing and Community Development (MOHCD) will administer the program, which was created after San Francisco voters overwhelmingly passed the Housing Trust Fund Initiative in November 2012.
“San Francisco must remain a viable place to live and work for people at all levels of the economic spectrum and the Housing Trust Fund helps us do just that,” said Mayor Lee. “The new down payment assistance program will help keep working families in San Francisco and increase homeownership opportunities for San Francisco first responders, who make sacrifices every day to keep our City safe. I thank Supervisor Mark Farrell and the entire Board of Supervisors for supporting the Housing Trust Fund and our City’s first responders.” Read more.