San Francisco Proposition C — Contributions to the Housing Trust Fund

Last updated Sat, Nov 7, 4:33 PM ET

Ballot measure · November 3, 2026 · Only voters in this district

What it does
Shall the City amend the Charter to change how the City’s annual contributions to the Housing Trust Fund are set, increase funding and expand programs for affordable housing, and extend the Fund to 2058?
A YES vote means
San Francisco would change how its yearly Housing Trust Fund contributions are set, increase funding and expand affordable housing programs, and extend the Fund to 2058.
A NO vote means
San Francisco's Housing Trust Fund contributions, programs and end date would stay as they are.
Needed to pass
A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
Left–right lean
A YES vote leans strongly left; a NO vote leans the other way (AI-estimated from the official ballot summary, 77% confidence).

The YES and NO lines are SpectrumVote's plain-language reading of the official text above; the official text is what you vote on.

Official text: source

Only on your ballot if you live in the City and County of San Francisco.

Background

According to the Ballot Simplification Council's digest, the City funds a Housing Trust Fund each year for affordable housing and homeownership, contributed $50.8 million last year, and the Fund is set to expire in 2043.

Proposition C would, starting in 2028, grow the annual contribution until it meets or exceeds $125 million, raise the income limit for downpayment assistance loans from 120% to 200% of Area Median Income, and extend the Fund to 2058; contributions could be paused when a projected deficit exceeds $250 million.

City Controller Greg Wagner's statement estimates approximately $6 million in additional General Fund costs starting in Fiscal Year 2028-29, growing to approximately $60 million annually by Fiscal Year 2034-35.

The Board of Supervisors voted 11 to 0 on July 14, 2026 to place it on the ballot.

Put on the ballot by San Francisco Board of Supervisors, 11–0, July 14, 2026.

From official source.

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Quick answers

What does a YES vote on San Francisco Proposition C mean?
San Francisco would change how its yearly Housing Trust Fund contributions are set, increase funding and expand affordable housing programs, and extend the Fund to 2058.
What does a NO vote on San Francisco Proposition C mean?
San Francisco's Housing Trust Fund contributions, programs and end date would stay as they are.
How many votes does San Francisco Proposition C need to pass?
A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
Should I vote yes or no on San Francisco Proposition C?
SpectrumVote doesn't endorse anyone or tell you how to vote. Read what a YES and a NO vote each do, and the official text, then decide based on what you want to happen.
When is the vote?
The general election was Tuesday, November 3, 2026. Counts are unofficial until each state certifies its results over the following weeks; your state or county election office has the official results.

Not sure how to decide? Read our nonpartisan guide to the San Francisco County ballot.

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