As reported on SFGATE and NBC Bay Area, Supervisor Matt Haney has proposed creating a recovery fund to save ‘the heart and soul of S.F.’ — its nightlife.
According to Haney, the San Francisco Music and Entertainment Venue Recovery Fund is desperately needed as many of the businesses are facing permanent closure as the COVID-19 pandemic continues.
“What this pandemic has done to our economy and our way of life has been nothing short of a nightmare, and for our city’s venues, there has been no reprieve. They were the first to close and will likely be the among the last to reopen,” Haney said in statement.
“When we talk about the heart and soul of San Francisco, many of us think of our city’s venues,” Haney said. “The many shows we’ve seen and the bands and artists and music that have all come out of San Francisco, they inspire us and bring us together. These spaces are a reflection of who we are and what we love, and they are in danger of disappearing.”
A recent report from the city controller’s office revealed nightlife businesses generate $7.2 billion for the local economy and create more than 63,000 jobs, which in turn generates some $80 million annually in payroll and sales taxes for the city.
Haney’s legislation is set to be heard at a Board of Supervisors committee in January, 2021.
