Local propositions
Proposition B
Establishing a Municipal Finance Corporation and a Public Bank
18 of 31 San Francisco voter guides recommend Yes on Prop B, as of October 10, 2026.
Yes 58%
31 guides
Yes18No13
Yes18 guides
Reasons
“For affordable housing to be built, we need our own bank.”
“A public bank keeps municipal dollars working for the public good rather than funneling fees and interest to big for-profit banks.”
No13 guides
Reasons
“While public banks aren’t necessarily bad, this proposal is a solution in search of a problem.”
“San Francisco's municipal government lacks the competence, integrity, and incentives to run a bank.”
9 guides haven't published yet · Official text