It’s 7 a.m. and 46°. Today will be partly cloudy with temperature highs in the upper 50s. You can expect the same weather pattern through the holiday week — the forecast predicts overcast skies and temperatures in the upper 50s and lower 60s.
While some might be planning to head out of town for the holiday, President Barack Obama is making his way to San Francisco, The Chronicle reports. He arrives today and plans to fundraise and give a speech in Chinatown on immigration reform. If you’d like to catch a meal with the president, it’ll cost you $32,400 for a seat at the home of Salesforce founder Marc Benioff, where 30 supporters are dining. The event is expected to raise nearly $1 million for the Democratic National Committee.
Meanwhile, the city will likely lose about $12 million in unpaid fees from the Housing Authority on Tuesday, according to the San Francisco Examiner. The public housing provider is supposed to pay the city 10 percent of what it collects in rent from its tenants, minus utility costs. But that hasn’t happened since the 1980s because of a lack of funds. About 37.5 percent of the Housing Authority’s 5,007 tenants are delinquent on their rent at any one time, an audit of the agency found. That amounts to annual losses in excess of $2.5 million. The Board of Supervisors is set to waive the owed fees at a meeting Tuesday.
Speaking of affordable housing, San Francisco has the least affordable housing in the nation, with just 14 percent of homes accessible to middle-class buyers, according to an article in The New York Times today. The median rent is also the highest in the country, at $3,250 a month for a two-bedroom apartment.