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Housing authority approves 32 project‑based vouchers for 730 Stanyan project

May 25, 2023 | San Francisco City, San Francisco County, California


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Housing authority approves 32 project‑based vouchers for 730 Stanyan project
The Housing Authority of the City and County of San Francisco on May 25 approved a resolution authorizing the chief executive officer to enter into an Agreement to Enter into a Project‑Based Voucher Assistance Payments (AHAP) contract and a subsequent Project‑Based Voucher Housing Assistance Payments (PBV HAP) contract with 730 Stanyan Associates LP for up to 32 project‑based vouchers.

Kendra Crawford, the authority's housing operations director, told commissioners the 730 Stanyan development is a 100% affordable rental project in the Haight‑Ashbury neighborhood that will create 160 affordable units, plus commercial space, a childcare center, a senior center and a drop‑in center. Crawford said the developer has submitted the application and that the project includes state financing from the No Place Like Home program and multifamily housing funds administered by the Mayor's Office of Housing and Community Development.

The authority proposed a 20‑year HAP contract for the vouchers. Crawford said the 32 vouchers will generate roughly $1.3 million in annual voucher subsidy for the project.

Commissioners discussed whether AHAP/PBV items should routinely appear on the consent calendar or be pulled for discussion; staff said similar transactions are standard business but committed to keeping the commission informed. After brief public comment (none on the item), a motion to approve the resolution was moved and seconded. The roll‑call vote recorded Aye from President Joaquin Torres, Commissioner Leroy Lindo, Commissioner Luana Kim and Commissioner Mary Anne Pikes; the resolution passed unanimously.

The action authorizes the CEO to finalize the AHAP and later the PBV HAP in accordance with HUD requirements and the authority's procurement and contracting rules. The authority said any contract execution will be subject to federal PBV program rules and the final subsidy layering and closing documents.

Next steps: staff said they will return contract documents as required and continue coordination with MOHCD and the developer to complete subsidy layering and closing. No effective date for the HAP was specified in the presentation.

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