SPUR submits this letter in regard to proposed changes to percentage allocations and the spending plan for FY 2023-2024 Measure E funds that will alter current policy by reallocating funds away from the existing balanced commitment to the creation of new affordable housing and homelessness prevention, support, and management. We ask that the City consider alternative policy measures that include current funding strategies for the creation of affordable housing to mitigate impacts from any changes to the FY23-24 Measure E percentage allocations and spending plan that would effectively zero funds toward the development of affordable housing.
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