TID extension funding for affordable housing in the 2027-2029 budgets
Summary
DCD will report to the council early on how much money from expiring TIDs could fund affordable housing in the 2027 budget, including loan-loss reserves or guarantees for partner agencies.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
Amounts TBD; historically these extensions funded Strong Homes and down-payment assistance.
Affordable housing programs and partner agencies citywide.
Housing programs could see cuts in 2027 if the mayor's budget doesn't backfill the missing TID revenue with city capital dollars.
Mentions & discussions (2)
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE — June 16, 2026
No tax-increment money will be available for housing programs in 2027 because TIDs 41 and 49 won't close in time — but a new state law (AB 453) allows two-year extensions, potentially doubling the take to about $8.4 million across 2028-29. DCD is asking for a $4.5 million capital appropriation plus $1.1 million in leftover TID funds to bridge 2027.
ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE — February 3, 2026
DCD will report to the council early on how much money from expiring TIDs could fund affordable housing in the 2027 budget, including loan-loss reserves or guarantees for partner agencies.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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