Committee advances 160‑unit 100% affordable project at 730 Stanyan, urges TAY drop‑in space

The committee heard presentations on Items 3 and 4, a proposed 160‑unit, 100% affordable development at 730 Stanyan (Haight Ashbury) with a financing package that includes tax credits, private loans and a proposed $69.5 million in city loans. Omar Mazari and Eric Shaw of the Mayor’s Office of Housing and Community Development described the project’s unit mix — studios through three‑bedroom units with income limits from 25% to 80% of area median income — and ground‑floor programming that originally included a childcare center, a food hall incubator and a neighborhood serving community center.

The Budget & Legislative Analyst (BLA) report raised irregularities in the developer selection process: Nick Menard told the committee the RFQ had three respondents, that a supplemental question was issued after scores were developed, and that staff received only a summary of scores late — the BLA recommended providing individual scoring sheets for transparency. Supervisor Dean Preston, whose district includes the site, urged amendment language to preserve a transitional‑age‑youth (TAY) drop‑in center, citing multiple public and financing documents that previously committed to that use.

Director Eric Shaw said MOHCD remains focused on getting the building into construction while working with community partners to refine an implementable program for ground‑floor services; he said prior solicitations did not receive expected responses and MOHCD must balance programming with underwriting and operating budgets.

The committee adopted Supervisor Preston’s nonbinding amendment urging MOHCD to include transitional‑age‑youth services as a ground‑floor use (the amendment records the committee’s expectation but does not alter loan documents) and forwarded Items 3 and 4 to the full Board with a positive recommendation. The finance package and proposed city loans require further Board action and timely loan closings tied to state tax credit deadlines.

Next steps: Items 3 and 4 go to the full Board for final approval; MOHCD agreed to engage further with community partners on ground‑floor services and to provide any additional materials requested by the Board or BLA.