San Francisco to Vote on Record $600 Million Housing Bond

In San Francisco’s Mission District, vegan ramen is sold across a busy street from a decaying corner building where vagrants loiter outside its boarded-up walls. An advocacy group wants to turn the property into residences for families who can’t afford the city’s $1.5 million median home-sale price.

It’s the kind of project that could get funding from a $600 million housing bond voters will decide Tuesday. If the measure is approved, it would finance efforts to rehabilitate public housing and to buy buildings at risk of being flipped into luxury condos to boost the stock of affordable housing for residents who don’t draw the kinds of salaries that workers in the tech industry do.