SF is finalist for low-income grant money 

San Francisco is in the running to receive $15 million in grants and loans to support its low-income residents and communities.

San Francisco was one of 10 U.S. cities selected as a finalist in the Living Cities’ Integration Initiative, a collaborative of 22 of the world’s largest foundations and financial institutions. The group plans to distribute some $80 million to five cities that submitted the best proposals for creating economic opportunities in their low-income communities.

Nineteen cities submitted proposals. The finalists also include Albuquerque, Baltimore, Chicago, Cleveland, Detroit, New Orleans, Newark, the Twin Cities and San Antonio.

Winners will be announced in the fall, Living Cities said in a statement.

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