???You're barking up the wrong tree. Government taxes don't fund and build low income housing construction, developers and private investors do. Increased tax receipts will do nothing to solve that issue. The private sector has no incentive to build low income housing because the cost of building is so friggin high, especially in SF, while aside form the cost of land is because of permits and fees. Therefore they may as well just spend a bit more on the finishes to turn them into luxury condos.
If you really want to increase the amount of low income hosuing, then maybe don't require that contractors jump through the same hoops and pay the same fees that they would for any other type of housing?
Even Trump's HUD explicitly touts funding construction. Pretty sure NYCHA has used tax money to build housing for about half a million New Yorkers.
Looking around Jax Beach, from what I can tell, everyone wants more spending on something, nobody wants jack sh!t in more taxes, and when the one solution given those constraints is selected, everybody wants to bitch and moan when another luxury condo high rise or hideous Margaritaville pops up. Or Pete Buttigieg helps gentrify the neighborhood.
And lots of places don't have SF's earthquake concerns. That has to be a huge risk to the city's infrastructure, tax base, the whole 9.