Baker Watts News Today

Should increase affordability of some of the sites. We think that sites that large enough to accommodate 200 units should be affordable, should be 100 affordable and that the sites that are larger than 200 units we can look at a more mixed Income Housing. We think that will help balance our housing in San Francisco and meet the affordability mandate set out bit general plan as well acid prop k and really create a service for the public in San Francisco. Thank you very much for your time. Thank y...

Could provide us the opportunity to build muchneeded Affordable Housing in areas of the city, like soma, and the central city and in chinatown. Additionally, we think that we should increase affordability of some of the sites. We think that sites that large enough to accommodate 200 units should be affordable, should be 100 affordable and that the sites that are larger than 200 units we can look at a more mixed Income Housing. We think that will help balance our housing in San Francisco and meet...

And meet the affordability mandate set out bit general plan as well acid prop k and really create a service for the public in san francisco. Thank you very much for your time. Thank you. Next speaker. Good afternoon, commissioners. Whitney jones the director of the Housing Development form chinatown ucu. First i want to thank the city staff who are moving this process forward. Thank you, guys. Many city sites have been held by agencies for years without a process for moving them forward to meet ...

Working on upper yard, balboa reservoir and 50 ferris, baker watts that we actually did achieve in central freeway is a great example of our producing in all kinds of neighborhoods. I will say that we work within coin straints. So if we build pay 200unit deal our average subsidy is 250,000. That is 50 million of subsidy. We have to come up, and that doesnt necessarily include acquisition costs. That is a huge amount of our annual budget. There are opportunity costs we have to consider, because i...

Enterprise and minority Business Enterprise and finding space for them. The way i think you do that is to have a Development Agreement. I think the best thing to do was to have a Standard Development agreement that has elements that Everyone Wants to see, and then tailor it to specific sites and they arer not only starting from scratch with Different Development partners. That is something to consider and get it out in one fail whoop, local hire, mix of units, any sort of benefits that you want ...

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