SF sends $40M Hearst Hotel deal to Board without recommendation
A $40M, 20-year hotel tax rebate for the Hearst building heads to the full Board without committee endorsement. Plus a new 25-bed alternative to jail.
San Francisco
Budget and Finance Committee Meeting
February 4, 2026
TL;DR
- Committee sent a $40M, 20-year tax incentive for the Hearst Hotel project to the full Board without recommendation — an unusual no-endorsement posture.
- Approved a $14.5M contract with ConnectionsCA, LLC to run the RESET Center, a 25-bed alternative to jail at 44 6th Street.
- Heard a hearing on Prop C child care expansion to families earning up to 200% AMI; filed without action.
- Amended the Compact Mobile Food Operations ordinance to waive all city permit and license fees for street food carts; continued one week.
- Approved $250,000 for the District 10 safety plan, funding violence prevention services through Young Community Developers.