City committee approves land dedication at 160 Freelon to enable 85-unit affordable housing proposal
March 20, 2023 | San Francisco County, California
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The committee approved a committee report on March 20 authorizing a land dedication at 160 Freelon to enable a proposed affordable housing project.
Robert Baca of the Mayor’s Office of Housing and Community Development described the site as a roughly 12,800-square-foot parcel that the developer is subdividing to satisfy inclusionary-affordable obligations. The proposed project would contain 85 affordable units (mix of studios, one-, two- and three-bedroom units), with 22 units set aside for formerly homeless families and five units reserved for referrals from the city’s plus-housing list. The development team said it plans to apply for roughly $34 million in state funding (including transit/pedestrian improvements and programmatic costs) and, if successful, would seek tax credits later in 2023 and aim to begin construction in mid-2024 with a 2026 completion target.
The committee voted to send the item to the full Board with a positive recommendation as a committee report.
Next steps: MOHCD and the developer will pursue state funding applications and the Board will consider the conveyance at the regular meeting.
Robert Baca of the Mayor’s Office of Housing and Community Development described the site as a roughly 12,800-square-foot parcel that the developer is subdividing to satisfy inclusionary-affordable obligations. The proposed project would contain 85 affordable units (mix of studios, one-, two- and three-bedroom units), with 22 units set aside for formerly homeless families and five units reserved for referrals from the city’s plus-housing list. The development team said it plans to apply for roughly $34 million in state funding (including transit/pedestrian improvements and programmatic costs) and, if successful, would seek tax credits later in 2023 and aim to begin construction in mid-2024 with a 2026 completion target.
The committee voted to send the item to the full Board with a positive recommendation as a committee report.
Next steps: MOHCD and the developer will pursue state funding applications and the Board will consider the conveyance at the regular meeting.
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