This bill would set minimum percentages of rental units that receive city funding that must be affordable for extremely low-income and very low-income households. Of the total citywide number of rental units in construction or rehabilitation projects that the Department of Housing Preservation and Development approves to receive city funding in a fiscal year, at least 30% of the units must be affordable for extremely low-income households, and at least 20% of the units must be affordable for very low-income households. Housing units set aside for homeless individuals and families and housing units used for supportive housing in these projects are considered affordable for extremely low-income households.