Mayor Edwin M. Lee with nine sponsoring members of the Board of Supervisors introduced a package of resolutions for financing Phase 1 of the Rental Assistance Demonstration (RAD) partnership with U.S Housing and Urban Development (HUD) and the San Francisco Housing Authority (SFHA). The RAD partnership is one of the first-in-the-nation that will allow San Francisco to leverage approximately $180 million in investor equity and other new resources to rehabilitate up to 4,584 public housing units.
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