Nearly $70 million would go toward road repairs and street safety projects, and $50 million would fund expansions in homeless services, particularly for families.
Up to $46 million would go toward improvements to certain public spaces, including a new memorial at Harvey Milk Plaza and elevator repairs at Hallidie Plaza next to the Powell Street BART and Muni station.
“This is what consensus looks like,” Peskin said Wednesday. “This is what happens when we all work together for the public good and the public interest.”
The political rivals have frequently sparred over policies on the Board of Supervisors and challenged each other’s approach to housing development, a key issue in this year’s election cycle.
With the infrastructure bond, Breed and Peskin have struck a balance over much-needed improvements at the city’s aging hospitals and public health centers in hopes of courting a wider swath of voters in November.
Breed announced the bond measure in April, but Peskin didn’t add his support until after she agreed to include funding for improvements of the San Francisco City Clinic, Laguna Honda and S.F. General.
The measure was formally amended Wednesday in the city’s Budget and Finance Committee to reflect Breed and Peskin’s agreement, moving $10 million from other portions of the bond to the section for repairs to the city’s hospitals.
Next, the measure will return to the same committee in early July. If it passes there, it goes to the full Board of Supervisors, where it needs eight votes out of 11 to pass. With Peskin signing on, the bond now has seven sponsors.
With Peskin’s backing, Breed is hopeful the bond will have the same success as the $300 million affordable housing bond voters passed in March, which she also supported.
“I do think it’s extremely important that we send this to voters with an 11–0 vote from the Board of Supervisors to demonstrate the strength of what this entails,” Breed said.
If the bond makes it onto the ballot, it will need a two-thirds majority vote to pass.
