City and County of San Francisco · San Francisco County · November 3, 2026 California General Election

Measure I: Changes to Real Property Transfer Tax

The question on your ballot

Shall the City permanently dedicate half of the transfer tax revenues collected when certain real estate with a value or sales price of more than $10,000,000 changes hands, which will continue to be taxed at rates of 5.5% to 6%, to be spent only on affordable housing, including social housing developments and housing assistance, and exempt certain sales from the dedicated portion of the tax, for an estimated annual revenue decrease of approximately $1 million? [1]

Vote YES or NO on the question exactly as printed.

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