Transcripts For SFGTV Mayors Press Availability 20240713 : c

People housed, and this is the first time in 12 years that we have allocated a Million Dollars to provide subsidies which will help [applause] which will help at least 120 individuals and im so grateful and excited for the providers who are here, the people who will work with us on this. The work that we are going to continue to do because we want to make sure that we are helping some of our most vulnerable populations. When you think about it, sadly people who are homeless, living with h. I. V. , they are less likely to get services and treatment and stay healthy as much as they possibly need. They need stable housing. Housing and health go hand in hand and it is why [applause] it is why i am fighting so hard to build more housing in San Francisco. Yesterday we opened a 200 bed Navigation Center and the embarcadero. The days are running in together we Just Announced yesterday a new Navigation Center for transitional age youth. [applause] so the investment that we are making our Good Investments and part of the challenge is we need more housing. We need more housing. I grew up in San Francisco, as many of you know and i have seen so many of my friends and family members, who i grew up with in public housing, a leave San Francisco because in some instances, they couldnt get a unit even in public housing. They couldnt qualify for affordable housing, and we dont have enough units. So part of my focus is to address homelessness and to address the challenges that exist, but to also think about roads that lead out of the shelters, roads that lead to affordable places that are safe for people to live, and that means that we have a lot of work to do. I know this is going off course, but i also want to thank you all for supporting proposition a this last ballot measure for 600 million for affordable housing. [applause] because we know we have a lot of work to do. There is Nothing Better than having a roof over your head and the support that you need and i cant i will say, if it werent for my grandmother raising me and two of my brothers, i dont know what i would done. It could easily have been a situation that could have been the difference between me being here as you mayor today or anything else. That is what i think about when making these decisions. When i look at the data, another major investment we made that i am really proud of is trans home s. F. We know that folks, brothers and sisters from our Trans Community are 17 more times more likely to experience homelessness than anyone else when you look at the data. Which is why those investments are so important. So here in the city we know there is a lot of work to do, but im so grateful to this community and the work that you are all doing to be advocates to really push the city and what we spend our resources on in the right direction so they actually have an impact on peoples lives i have said this to Department Heads and to folks who work for the city time and time again. Dont waste a dollar on a paperclip because thats the difference between being able to house someone or help someone and we dont have money to waste because people are counting on us to make the right investments that is exactly what i plan to do. I want to thank brian and the q. Foundation. And thank you all for being here i am so looking forward to seeing this program have an impact so we can continue to make the right investments. Thank you, again, and thank you for all the support and the work that so many of you have done for so many years. And finally, now i thank you have a great partner in the Mayors Office who will continue to work to really put our money where our mouth is. Let me just add one more thing, i talk a lot, im sorry. I have to say this one where thing because this is something i am also really proud of because so many people set the path to make this happen before i was even thought of and the fact that this years data on new h. I. V. Infections in San Francisco has dropped below 200 for the first time in our citys history. [applause] i am so, so excited about that and how we, as a community will truly get 20. I also want to say that those numbers are still relatively high for africanamericans and latinos and that means its important it is important that we make deliberate investments, which we have, and those political particular communities to do a better job around outreach, around support, but ultimately, i keep going back to housing. We will continue to work with you on these things and we are grateful to have an amazing partner in the q. Foundation and all of you. Thank you for so much for having me here today. [applause] thank you again. Her administration has really turned the tide when it comes to housing in San Francisco and we deeply, deeply appreciate all the support. Next is is regina here . Where is miss regina . Come on up. Next i am so proud to welcome regina allen. Before i obtained the subsidy from the q. Sub q. Foundation , now i have a house. I live on folsom street. I have stabilized housing. There were times prior to me having stabilized housing that i couch served, looked for any temporary housing opportunities and with the hope that and i was worried about being homeless as a senior and as a mother. Lets see. It hasnt been easy living in San Francisco with h. I. V. I was diagnosed in 2005, so i have been living with h. I. V. For 15 years and this is the first time im actually speaking publicly about my diagnosis. [applause] i did speak with my children and my family about it first and they said, do what youve got to do, mom. It is good. Anyway, is so when i was homeless and i didnt have a place, i didnt think about my medication, i didnt think about life stresses were going on for me with children and everything else. I have my notes. You are good. I was a nervous wreck. Anyway. Before i got my stabilized housing, you know, it was so stressful because i didnt want to share with my family members that i am, you know, if i dont get housed, i might die out here because they didnt understand what it means to be homeless and with h. I. V. I have always had a place. When i became homeless, it was very difficult. But now that i do have a place with these new luxury apartments , yes, i have a luxury apartment. I am on the sixth floor, baby, its fine. Its beautiful it is beautiful. It is beautiful. Its so peaceful. I think i earned that working in the city forever and raising children. Im so thankful for brian and the q. Foundation. Its so easy with your services. Once you are online with the services it is automated. I dont have to worry about getting my rent paid on time. I have money to even have cable. [laughter] i had to lie to even get into a project recently. I had to lie and say that i made x amount of money. Anyway, in the last couple of years, that is when i met brian. I never utilized services. I was a case manager. I realized i couldnt i could live here. I met brian and i fell in love with him and the whole staff. They are very beautiful. I want to thank london breed. I love london breed. [applause] i know some of your family members. I am thankful for what you are doing for San Francisco. Since you have been mayor, just to see in these areas where they dont want people housed, and to see that you fight for us. Thank you for that. [applause] i think the q. Foundation, i think brian. Brian is just awesome. This man is a bail buster. Thank you, everyone. That is it. [applause] i cant believe it. I have never told people that. I have a client here of mind that you never knew and i didnt utilize services because im very private. I didnt want them to get a misunderstanding or judge me. Anyways, thank you everyone. Happy holidays. Miss breed, thank you so much. [applause] regina, we are going to miss you. She was my ambassador at monterrey when i would go down there. I would turn around and suddenly there is an entourage of people Walking Around with us. Always making me feel welcome and at home. We know that you are out here in this luxury highrise, at least you are a little bit closer to the office now. [laughter] thank you, regina. Next, joe from the San Francisco aids foundation has done remarkable things in transforming that organization. Earlier i talked about mayor breeds administration and how open and accessible and effective they are, in the same thing under joes leadership with the aids foundation. Were continuing to build closer and closer relationships and working together on solving all of our joint issues and its absolutely the d. N. A. That joe is creating in the organization. I welcome you to come up and speak. [applause] good afternoon, everyone. I want to echo everything that was said in terms of thinking the mayor for her continuous support around addressing the homelessness crisis and the housing and affordability crisis in our city, and i want to thank and congratulate brian in the q. Foundation for this exciting announcement today. Is the mayor suggested and said, we are at a Pivotal Moment in our fight to end the h. I. V. Epidemic. Last year we had fewer than 200 new cases of h. I. V. And over the last five years, we have seen a decrease by 50 1 in the number of new cases. What we also know as a number of new cases amongst people experiencing homelessness is on the rise. In 2,000 and for in 2015, there were 29. In 2018, there were 40. So what we know is that in order for our safety to get 20, which is the ambitious goal we are all railing rallying behind, we must address the issue of housing and we much must address the issue of homelessness. And of the people who are on the streets each and every night were living with h. I. V. , we know that just 33 of them are virally suppressed and that the best way to get them access to care and get them into consistent treatment is to make sure they have a safe place to rest their head each and every night. That is not a shelter, it is a home. So today [applause] so todays announcement is quite exciting and it will get us even further to this goal. Would also want to acknowledge is it is not just people who are living on the streets that need the support. We are an Amazing Community and made amazing by the longterm survivors and the people who responded to the aids crisis in the early 80s. Right now there are over 16,000 individuals living with h. I. V. In San Francisco, and 65 of them were over the age of 50. What we know is that these individuals are not saying that they are theyre h. I. V. Care needs are going unmet. They are experiencing housing insecurity and experiencing isolation. So again, housing is the solution. Housing is the answer. By making sure that these survivors, survivors of the Worst Epidemic in modern time can survive this crisis of housing and stay in our city, the city that they made great, is something not only the aids foundation and q. Foundation is committed to, but i mayor breed as well as supervisor mandelman are all committed to. I couldnt be prouder to be part of todays announcement and cant wait for their collaboration with the q. Foundation and more of our partners in the room in ensuring everyone has access to affordable housing. [applause] i cant even remember when i first met rafael nadal him in. It was before my hair was grey. [laughter] and he has always been such an incredibly grounded, honest, and natural communicator. Of the many things i like about raphael is he has the ability to so easily put into words his values and how his policy positions connect with them and do it in a way that leads everybody else to that place. Is like, this is why we believe in what we believe, and that is such an incredible skill that i always hope to aspire to, and so im so proud to welcome supervisor mandelman here today and thank him for his leadership and getting out this 1 million with the mayor. [applause] thats ridiculous, im not nearly as eloquent as brian said im not eloquent at all. We all know San Francisco has a homelessness crisis and we also all know that the best solution to homelessness is to prevent it from happening in the first place. So that is why this program is so critical and valuable and why i am so grateful to brian and the q. Foundation for your relentless, tireless advocacy, but also for the h. I. V. Aids Provider Network and others who make the rounds every year in city hall, along with the aids foundation and joe, to ensure that the hivaids communities not forgotten in our annual budget. I think that we have gotten some significant wins in the last year. We are nowhere near where we need to be, but this is a really significant win. So thank you to all who made it happen. My aid and i are ready to go into another budget cycle and we look forward to working with you to make sure that no communities left behind, but particularly not to the hivaids community. Thank you. [applause] theres a lot of credit to share. Im so happy that we were able to invite some of the people who deserve our thanks, but theres also many others in the space of time and we dont always get a chance to thank everybody. One of the things i want to acknowledge is our partnership with the Mayors Office of housing and community development. We got our first funding with them 15 years ago and they have been an incredible partner. They are open, they listen to the community, they incorporate our feedback and it really is this incredible collaboration. They are also really good about getting contracts done, paying bills on time, so from leadership to envisioning, all the way down to administrative finesse, i am so thankful and proud to be a partner with the Mayors Office of housing and community development. Helen hale will be our new connection point with the h. I. V. Subsidies program. Everybody, please give them a round of applause for all of their years of service. [applause] i believe all of our speakers are done. Awesome. Everybody who has spoken has to go to another event. You are allowed to go now. This is where we will just move into the part where we talk about some of the eligibility. This neighborhood was lived for approximately 22 years. Yeah, like 21 years. 21 years in this neighborhood. In the same house. We moved into this neighborhood six months after we got married, actually. Just about our whole entire married life has been here in excel. The owner came to the house and we wanted to sell the house and we were like, what . We were scared at first. What are we going to do . Where are we going to move into . The kids school . Our jobs . My name is maria. Im a preschool teacher for the San Francisco unified school district. My name is ronnie and i work in San Francisco and im a driver from a local electrical company. We went through meta first and meta helped us to apply and be ready to get the down payment assistant loan program. Thats the program that we used to secure the purchase of our home. It took us a year to get our credit ready to get ready to apply for the loan. The whole year we had to wait and wait through the process and then when we got the notice, its like, we were like thinking that. When we found out that we were settling down and we were going to get approved and we were going to go forward, it was just a really we felt like we could breathe. We have four kids and so to find a place even just to rent for a family of six. And two dogs. We were going to actually pay more for rent and to own a house. It feels good now to have to move. It feels for our children to stay in the neighborhood that they have grown in. They grew up here and they were born here. They know this neighborhood. They dont know anything outside San Francisco. We really have it. Wed love to say thank you to the Mayors Office. They opened a door that we thought was not possible to be opened for us. They allowed us to continue to live here. Were raising our family in San Francisco and just to be able to continue to be here is the great lesson. Hi. My name is carmen chiu, San Franciscos elected assessor. When i meet with seniors in the community, theyre thinking about the future. Some want to down size or move to a new neighborhood thats closer to family, but they also worry that making such a change will increase their property taxes. Thats why i want to share with you a property tax saving program called proposition 60. So how does this work . Prop 60 was passed in 1986 to allow seniors who are 55 years and older to keep their prop 13 value, even when they move into a new home. Under prop 13 law, property growth is limited to 2 growth a year. But when ownership changes the law requires that we reassess the value to new market value. Compared to your existing home, which was benefited from the which has benefited from the prop 13 growth limit on taxable value, the new limit on the replacement home would likely be higher. Thats where prop 60 comes in. Prop 60 recognizes that seniors on fixed income may not be able to afford higher taxes so it allows them to carryover their existing prop 13 value to their new home which means seniors can continue to pay their prop 13 tax values as if they had never moved. Remember, the prop 60 is a one time tax benefit, and the Property Value must be equal to or below around your replacement home. If you plan to purchase your new home before selling your existing home, please make sure that your new home is at the same price or cheaper than your existing home. This means that if your existing home is worth 1 million in market value, your new home must be 1 million or below. If youre looking to purchase and sell within a year, were you nur home must not be at a value that is worth more than 105 of your exist egging home. Which means if you sell your old home for 1 million, and you buy a home within one year, your new home should not be worth more than 1. 15 million. If you sell your existing home at 1 million and buy a replacement between year one and two, it should be no more than 1. 1 million. Know that your ability to participate in this Million Dollars<\/a> to provide subsidies which will help [applause] which will help at least 120 individuals and im so grateful and excited for the providers who are here, the people who will work with us on this. The work that we are going to continue to do because we want to make sure that we are helping some of our most vulnerable populations. When you think about it, sadly people who are homeless, living with h. I. V. , they are less likely to get services and treatment and stay healthy as much as they possibly need. They need stable housing. Housing and health go hand in hand and it is why [applause] it is why i am fighting so hard to build more housing in San Francisco<\/a>. Yesterday we opened a 200 bed Navigation Center<\/a> and the embarcadero. The days are running in together we Just Announced<\/a> yesterday a new Navigation Center<\/a> for transitional age youth. [applause] so the investment that we are making our Good Investments<\/a> and part of the challenge is we need more housing. We need more housing. I grew up in San Francisco<\/a>, as many of you know and i have seen so many of my friends and family members, who i grew up with in public housing, a leave San Francisco<\/a> because in some instances, they couldnt get a unit even in public housing. They couldnt qualify for affordable housing, and we dont have enough units. So part of my focus is to address homelessness and to address the challenges that exist, but to also think about roads that lead out of the shelters, roads that lead to affordable places that are safe for people to live, and that means that we have a lot of work to do. I know this is going off course, but i also want to thank you all for supporting proposition a this last ballot measure for 600 million for affordable housing. [applause] because we know we have a lot of work to do. There is Nothing Better<\/a> than having a roof over your head and the support that you need and i cant i will say, if it werent for my grandmother raising me and two of my brothers, i dont know what i would done. It could easily have been a situation that could have been the difference between me being here as you mayor today or anything else. That is what i think about when making these decisions. When i look at the data, another major investment we made that i am really proud of is trans home s. F. We know that folks, brothers and sisters from our Trans Community<\/a> are 17 more times more likely to experience homelessness than anyone else when you look at the data. Which is why those investments are so important. So here in the city we know there is a lot of work to do, but im so grateful to this community and the work that you are all doing to be advocates to really push the city and what we spend our resources on in the right direction so they actually have an impact on peoples lives i have said this to Department Heads<\/a> and to folks who work for the city time and time again. Dont waste a dollar on a paperclip because thats the difference between being able to house someone or help someone and we dont have money to waste because people are counting on us to make the right investments that is exactly what i plan to do. I want to thank brian and the q. Foundation. And thank you all for being here i am so looking forward to seeing this program have an impact so we can continue to make the right investments. Thank you, again, and thank you for all the support and the work that so many of you have done for so many years. And finally, now i thank you have a great partner in the Mayors Office<\/a> who will continue to work to really put our money where our mouth is. Let me just add one more thing, i talk a lot, im sorry. I have to say this one where thing because this is something i am also really proud of because so many people set the path to make this happen before i was even thought of and the fact that this years data on new h. I. V. Infections in San Francisco<\/a> has dropped below 200 for the first time in our citys history. [applause] i am so, so excited about that and how we, as a community will truly get 20. I also want to say that those numbers are still relatively high for africanamericans and latinos and that means its important it is important that we make deliberate investments, which we have, and those political particular communities to do a better job around outreach, around support, but ultimately, i keep going back to housing. We will continue to work with you on these things and we are grateful to have an amazing partner in the q. Foundation and all of you. Thank you for so much for having me here today. [applause] thank you again. Her administration has really turned the tide when it comes to housing in San Francisco<\/a> and we deeply, deeply appreciate all the support. Next is is regina here . Where is miss regina . Come on up. Next i am so proud to welcome regina allen. Before i obtained the subsidy from the q. Sub q. Foundation , now i have a house. I live on folsom street. I have stabilized housing. There were times prior to me having stabilized housing that i couch served, looked for any temporary housing opportunities and with the hope that and i was worried about being homeless as a senior and as a mother. Lets see. It hasnt been easy living in San Francisco<\/a> with h. I. V. I was diagnosed in 2005, so i have been living with h. I. V. For 15 years and this is the first time im actually speaking publicly about my diagnosis. [applause] i did speak with my children and my family about it first and they said, do what youve got to do, mom. It is good. Anyway, is so when i was homeless and i didnt have a place, i didnt think about my medication, i didnt think about life stresses were going on for me with children and everything else. I have my notes. You are good. I was a nervous wreck. Anyway. Before i got my stabilized housing, you know, it was so stressful because i didnt want to share with my family members that i am, you know, if i dont get housed, i might die out here because they didnt understand what it means to be homeless and with h. I. V. I have always had a place. When i became homeless, it was very difficult. But now that i do have a place with these new luxury apartments , yes, i have a luxury apartment. I am on the sixth floor, baby, its fine. Its beautiful it is beautiful. It is beautiful. Its so peaceful. I think i earned that working in the city forever and raising children. Im so thankful for brian and the q. Foundation. Its so easy with your services. Once you are online with the services it is automated. I dont have to worry about getting my rent paid on time. I have money to even have cable. [laughter] i had to lie to even get into a project recently. I had to lie and say that i made x amount of money. Anyway, in the last couple of years, that is when i met brian. I never utilized services. I was a case manager. I realized i couldnt i could live here. I met brian and i fell in love with him and the whole staff. They are very beautiful. I want to thank london breed. I love london breed. [applause] i know some of your family members. I am thankful for what you are doing for San Francisco<\/a>. Since you have been mayor, just to see in these areas where they dont want people housed, and to see that you fight for us. Thank you for that. [applause] i think the q. Foundation, i think brian. Brian is just awesome. This man is a bail buster. Thank you, everyone. That is it. [applause] i cant believe it. I have never told people that. I have a client here of mind that you never knew and i didnt utilize services because im very private. I didnt want them to get a misunderstanding or judge me. Anyways, thank you everyone. Happy holidays. Miss breed, thank you so much. [applause] regina, we are going to miss you. She was my ambassador at monterrey when i would go down there. I would turn around and suddenly there is an entourage of people Walking Around<\/a> with us. Always making me feel welcome and at home. We know that you are out here in this luxury highrise, at least you are a little bit closer to the office now. [laughter] thank you, regina. Next, joe from the San Francisco<\/a> aids foundation has done remarkable things in transforming that organization. Earlier i talked about mayor breeds administration and how open and accessible and effective they are, in the same thing under joes leadership with the aids foundation. Were continuing to build closer and closer relationships and working together on solving all of our joint issues and its absolutely the d. N. A. That joe is creating in the organization. I welcome you to come up and speak. [applause] good afternoon, everyone. I want to echo everything that was said in terms of thinking the mayor for her continuous support around addressing the homelessness crisis and the housing and affordability crisis in our city, and i want to thank and congratulate brian in the q. Foundation for this exciting announcement today. Is the mayor suggested and said, we are at a Pivotal Moment<\/a> in our fight to end the h. I. V. Epidemic. Last year we had fewer than 200 new cases of h. I. V. And over the last five years, we have seen a decrease by 50 1 in the number of new cases. What we also know as a number of new cases amongst people experiencing homelessness is on the rise. In 2,000 and for in 2015, there were 29. In 2018, there were 40. So what we know is that in order for our safety to get 20, which is the ambitious goal we are all railing rallying behind, we must address the issue of housing and we much must address the issue of homelessness. And of the people who are on the streets each and every night were living with h. I. V. , we know that just 33 of them are virally suppressed and that the best way to get them access to care and get them into consistent treatment is to make sure they have a safe place to rest their head each and every night. That is not a shelter, it is a home. So today [applause] so todays announcement is quite exciting and it will get us even further to this goal. Would also want to acknowledge is it is not just people who are living on the streets that need the support. We are an Amazing Community<\/a> and made amazing by the longterm survivors and the people who responded to the aids crisis in the early 80s. Right now there are over 16,000 individuals living with h. I. V. In San Francisco<\/a>, and 65 of them were over the age of 50. What we know is that these individuals are not saying that they are theyre h. I. V. Care needs are going unmet. They are experiencing housing insecurity and experiencing isolation. So again, housing is the solution. Housing is the answer. By making sure that these survivors, survivors of the Worst Epidemic<\/a> in modern time can survive this crisis of housing and stay in our city, the city that they made great, is something not only the aids foundation and q. Foundation is committed to, but i mayor breed as well as supervisor mandelman are all committed to. I couldnt be prouder to be part of todays announcement and cant wait for their collaboration with the q. Foundation and more of our partners in the room in ensuring everyone has access to affordable housing. [applause] i cant even remember when i first met rafael nadal him in. It was before my hair was grey. [laughter] and he has always been such an incredibly grounded, honest, and natural communicator. Of the many things i like about raphael is he has the ability to so easily put into words his values and how his policy positions connect with them and do it in a way that leads everybody else to that place. Is like, this is why we believe in what we believe, and that is such an incredible skill that i always hope to aspire to, and so im so proud to welcome supervisor mandelman here today and thank him for his leadership and getting out this 1 million with the mayor. [applause] thats ridiculous, im not nearly as eloquent as brian said im not eloquent at all. We all know San Francisco<\/a> has a homelessness crisis and we also all know that the best solution to homelessness is to prevent it from happening in the first place. So that is why this program is so critical and valuable and why i am so grateful to brian and the q. Foundation for your relentless, tireless advocacy, but also for the h. I. V. Aids Provider Network<\/a> and others who make the rounds every year in city hall, along with the aids foundation and joe, to ensure that the hivaids communities not forgotten in our annual budget. I think that we have gotten some significant wins in the last year. We are nowhere near where we need to be, but this is a really significant win. So thank you to all who made it happen. My aid and i are ready to go into another budget cycle and we look forward to working with you to make sure that no communities left behind, but particularly not to the hivaids community. Thank you. [applause] theres a lot of credit to share. Im so happy that we were able to invite some of the people who deserve our thanks, but theres also many others in the space of time and we dont always get a chance to thank everybody. One of the things i want to acknowledge is our partnership with the Mayors Office<\/a> of housing and community development. We got our first funding with them 15 years ago and they have been an incredible partner. They are open, they listen to the community, they incorporate our feedback and it really is this incredible collaboration. They are also really good about getting contracts done, paying bills on time, so from leadership to envisioning, all the way down to administrative finesse, i am so thankful and proud to be a partner with the Mayors Office<\/a> of housing and community development. Helen hale will be our new connection point with the h. I. V. Subsidies program. Everybody, please give them a round of applause for all of their years of service. [applause] i believe all of our speakers are done. Awesome. Everybody who has spoken has to go to another event. You are allowed to go now. This is where we will just move into the part where we talk about some of the eligibility. This neighborhood was lived for approximately 22 years. Yeah, like 21 years. 21 years in this neighborhood. In the same house. We moved into this neighborhood six months after we got married, actually. Just about our whole entire married life has been here in excel. The owner came to the house and we wanted to sell the house and we were like, what . We were scared at first. What are we going to do . Where are we going to move into . The kids school . Our jobs . My name is maria. Im a preschool teacher for the San Francisco<\/a> unified school district. My name is ronnie and i work in San Francisco<\/a> and im a driver from a local electrical company. We went through meta first and meta helped us to apply and be ready to get the down payment assistant loan program. Thats the program that we used to secure the purchase of our home. It took us a year to get our credit ready to get ready to apply for the loan. The whole year we had to wait and wait through the process and then when we got the notice, its like, we were like thinking that. When we found out that we were settling down and we were going to get approved and we were going to go forward, it was just a really we felt like we could breathe. We have four kids and so to find a place even just to rent for a family of six. And two dogs. We were going to actually pay more for rent and to own a house. It feels good now to have to move. It feels for our children to stay in the neighborhood that they have grown in. They grew up here and they were born here. They know this neighborhood. They dont know anything outside San Francisco<\/a>. We really have it. Wed love to say thank you to the Mayors Office<\/a>. They opened a door that we thought was not possible to be opened for us. They allowed us to continue to live here. Were raising our family in San Francisco<\/a> and just to be able to continue to be here is the great lesson. Hi. My name is carmen chiu, San Francisco<\/a>s elected assessor. When i meet with seniors in the community, theyre thinking about the future. Some want to down size or move to a new neighborhood thats closer to family, but they also worry that making such a change will increase their property taxes. Thats why i want to share with you a property tax saving program called proposition 60. So how does this work . Prop 60 was passed in 1986 to allow seniors who are 55 years and older to keep their prop 13 value, even when they move into a new home. Under prop 13 law, property growth is limited to 2 growth a year. But when ownership changes the law requires that we reassess the value to new market value. Compared to your existing home, which was benefited from the which has benefited from the prop 13 growth limit on taxable value, the new limit on the replacement home would likely be higher. Thats where prop 60 comes in. Prop 60 recognizes that seniors on fixed income may not be able to afford higher taxes so it allows them to carryover their existing prop 13 value to their new home which means seniors can continue to pay their prop 13 tax values as if they had never moved. Remember, the prop 60 is a one time tax benefit, and the Property Value<\/a> must be equal to or below around your replacement home. If you plan to purchase your new home before selling your existing home, please make sure that your new home is at the same price or cheaper than your existing home. This means that if your existing home is worth 1 million in market value, your new home must be 1 million or below. If youre looking to purchase and sell within a year, were you nur home must not be at a value that is worth more than 105 of your exist egging home. Which means if you sell your old home for 1 million, and you buy a home within one year, your new home should not be worth more than 1. 15 million. If you sell your existing home at 1 million and buy a replacement between year one and two, it should be no more than 1. 1 million. Know that your ability to participate in this Program Expires<\/a> after two years. You will not be able to receive prop 60 tax benefits if you cannot make the purchase within two years. So benefit from this tax savings program, you have to apply. Just download the prop 60 form from our website and submit it to our office. For more, visit our website, sfassessor. Org, call the meeting to order and were start with the pledge of allegiance. I pledge allegiance to the flag of the United States<\/a> of america and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Roll call. 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