San Francisco Mayor Daniel Lurie has initiated the Breaking the Cycle Fund as a public-private partnership aimed at address homelessness and behavioral health issues in the city. With $37.5 million raised, including significant contributions from prominent foundations, the fund aims to increase treatment and shelter beds to help more individuals off the streets. Despite skepticism about the adequacy of the funds in relation to the city's existing $700 million annual homelessness budget and $818 million deficit, Lurie emphasizes the importance of developing effective strategies rather than relying solely on financial support.
This work is about so much more than money alone. It's about breaking away from failed strategies and building more effective systems and services to break the cycles of homelessness.
While the funds are not insignificant, they aren't transformative, given that the city already spends around $700 million annually on homelessness.
We must learn to do more with less, and that's going to take everyone's efforts in the community.
The $37.5 million starting funds will help the city step up and set up the right kinds of beds to meet people where they're at.
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