The City’s budget is still in the red — but it’s a lighter shade than in recent years, according to budget officials who on Tuesday released a slightly rosier economic outlook.
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Mayor Ed Lee’s answer to the pressing need for more housing in San Francisco is November’s Proposition C, which would establish a housing trust fund.
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San Francisco’s most common type of infill residential developments were exempted Tuesday from The City’s affordable housing requirements as part of a deal to help ensure passage of Proposition C, the Housing Trust Fund, in November’s election.
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From a distance, it looked as if Gov. Jerry Brown had been successful last month in making California redevelopment agencies a thing of the past. Redevelopment supporters decried the loss of projects they said couldn’t be done any other way, while opponents hailed the end to wasteful spending and public subsidies for wealthy developers.
But politics, it turns out, is never that simple.
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As state budget wrangling continues in Sacramento, San Francisco’s Redevelopment Agency is waiting for the end — or a significant change — to what it does.
The end of the agency in The City could mean the ax for nearly a dozen projects that would provide hundreds of affordable-housing units, according to Redevelopment Agency Executive Director Fred Blackwell.
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As Governor Jerry Brown continues to advocate for the elimination of redevelopment agencies across the state, the Board of Supervisors approved of San Francisco Redevelopment Agency borrowing $70 million on Tuesday.
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London Breed will step down from her role as a San Francisco Redevelopment Agency Commissioner after five years of service.
The mid-30s commissioner served with the agency during the final years that it spent governing the Western Addition area, where she resides.
The agency oversaw the redevelopment area, which includes Japantown and the Fillmore, for 30 years.
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Housing will be built for 150 low-income families in the booming Mission Bay neighborhood using loans made possible by skyrocketing property values.
Land that covers most of Mission Bay, which was a sleepy cove before it was covered with landfill, is being converted from dusty railroad property into a fast-growing biotechnology and housing hub.
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A plan to build a new bus facility, retail space and affordable housing units near the City College of San Francisco’s main campus received a big boost today when the federal government announced the dedication of $6.8 million for the project.
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Despite concerns about building homes on polluted land, the planned Hunters Point Naval Shipyard redevelopment project’s environmental impact report was certified late Thursday.
Certification by commissioners overseeing San Francisco’s Planning Department and Redevelopment Agency was a milestone for the project.
The vote could be appealed to the Board of Supervisors and to a court.
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URL: http://www.sfexaminer.com/taxonomy/term/6378
