Transcripts For SFGTV Commission 20240704 : vimarsana.com

SFGTV Commission July 4, 2024

Chair the first order of business please respond when i call your name. Commissioner aqunio present. Sniechtdz present. Snoichts and vice chair ransomscott present chair brackett is absent but all members of the board member are two and the next order of regularly scheduled Commission Meeting will be held in person on tuesday,march 19, 2024, on tuesday,march 19, 2024, meeting room of any person s responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. Of the public who are attending the meeting in person fill out a speaker card and submit the completed card to the commission secretary. Any desire for Public Comment. Audio prompts will signal to dialin participants when their audio input has been enabled for commenting. Fill out a speaker card and. Phone number 1 415 6550001 access code 2662 837 8805 to raise your hand, press 3 to submit your requests to speak youll hear the following message please speak when the host calls on you when your line 45s been unmuted youll have three minutes stay on the line and continue to will be to live meeting or hang up would anyone like to provide comments . Please come up to the podium at this time. Todays materials are available on the website at www. Sfocii. Org commission. The next order of business is item three. 3. Report on actions taken at previous closed session meeting, if any. None and the the next order of business is item 4. 4. Matters of Unfinished Business none. There are no matters of Unfinished Business and the next order of business is item 5 including consent calendar item 5 action. 5a. Approval of minutes regular meeting of january 16, 2024. Madam vice chair. Madam secretary do we have anyone from the public who wishes to provide a comment . At this time star 3 on your mobile device. Phone number 1 415 6550001 access code 2662 837 8805 to raise your hand, press phone number 1 415 6550001 access code 2662 837 8805 to raise your hand, press 3 and invite anyone inperson providing comments on the minutes please come up to the podium at this time. Good afternoon, commissioners. And community. My name is oscar james the native resident and i dont know. I assume that is a within the scope on the agenda workshop for the 3rr789 housing and id like to speak on that right now . Can i speak on that. When we call the next item multiple voices . Yes, sir. Thank you. Thank you. And calling any members of the public joining us by phone please if you like to provide Public Comment press star three on, on our mobile doesnt see madam chair, it doesnt appear any members of the public are wishing to comment on this item. Hearing no more and more Public Comment commissioners can i get to motion for this and these consent items . Yes. Id like to make a motion to approve the consent calendar. Do i have a second . Ill second that madam secretary, please take roll. Thank you, maam vice chair announce our vote combhoichd, yes. Commissioner drew, yes. Chair chair brackett is absent the vote is four is. Madam secretary, please call the next 5b. Workshop regarding priorities for developing affordable replacement Housing Units under senate bill no. 593 discussion executor director kasiofsky. Thank you, madam secretary. And councilmembers of the commission and members of the public greetings today is a work show that to for Development Housing projects Going Forward or guarding and talking about the memorizes to be talking about the next step call the manager with occii. Good afternoon. Im the Program Manager here to provide a workshop on Affordable Housing coughing rustling of papers. . Okay. Sorry about that technical difficulties. As a reminder senate bill no. 593 the legislation was signed both law by governor gavin newsom and allows ccii to use the financing up to 5 hundred plus units destroyed and the portion of taxes were used were the approval in the city via the annual budget project and that is after funding the obligations in mission bay and transby a candle stick point. Our estimate is if i understand are available in 25 and in order to fund the 58 plus units will be issuance over the following plus thirty years to leverage the Housing Units which covers 50 percent of the costs and keeping the costs in check and context the managing of other placement to expedite the distribution of those units. The housing must follow the standards in state law governing the agencies. Unit maybe built in San Francisco and mustache restricted to an affordable for households below the categories of people displaced and not higher than 23w07 ami. The units must are long term affordable terms means essential in perpetuity we call life of the project and they have to be in addition to the obligations to build housing. Several factors could impact the timing of bonds issuance in the current environment and estimated revenue and other cities budget needs given the state of budget and estimated Housing Project costs and timing as well as costs of bond issuance and staff is in the process of working with the city regarding the upcoming budget that is funding for the initial bond and the timing of first bond issuance in order to for this discuss for the bond Financing Team will have a consultant has Specialized Knowledge of bonds and provide a determines for the bonds pursuant this is incredible for senate bill no. 593. I want to touch on the replacement housing on the preference for the cop the replacement housing based on the supply of housing and ccii they provide households for the first preference on 100 percent of the ccii fund housing i want to note youll hear about cwp the feedback is making sure that the cop hollers can assess those units at the next meeting hearing more about the annual reports youll hear me reservoir or refer to that in the presentation and will receive the replacement weve been improving the years and the efforts to locate cop holders and increased that to the we currently have three hundred and 12 current cop holders and as i mentioned a more thorough update for fiscal year fy202223 at the next meeting i want to report that between the end of the last fiscal year and the end of january one hundred and 87 cop applications were approved and we hope given everything ive mentioned to add to the cop units. As i reported in my last presentation we have replacement priorities that our Citizens Advisory Committee and ship yard ill summarize that now. All 23 adam Housing Units beyond the current obligation and members were poster of making sure that some senate bill no. 593 funds were focused on areas with the displacement occurred likely the Western Addition in at the meeting meet the goals of senate bill no. 593 and insuring the needs we have input senate bill no. 593 funded were used for the rehabilitation of replacement of units and incomes are take a look at when developing new heirs. Weve heard the solicitations dont favor the larger construction the ccii should make sure we meet the capability for the firms and believe it or not the projects. And ccii programs and policies require Nonprofit Developers for the lead and all affordable awarded have knitted a nonprofit communitybased nonprofit or communitybased developers as part of the all this all the team and the details in the packet and ccii for parcels like of rfp that was issued includes the clear scoring criteria that provides a strategy for addressing the equity and exploration as well as the approach to meeting or speeding ccii goals for outreach for policy holders and ccii are for development of Affordable Housing reiterate the preference for developers to select general contractors and occii requires those to follow the good faith effort steps that include breaking down scopes of work to encourage and make tints for small minority b. S. Businesses and have demonstrated scoff studying the goals and more specific information regarding our sbe steps in our packet but for example, sbes make up 76 percent and more over 67 percent of consultants to favor this development and make up three 9 percent and over 22 percent of consulting during the construction phase do we are implementing this and continue to seek ways to improve by seeking constituent in the Development Community among other things. We heard that Community Serving businesses and nonprofit should be awarded as i mentioned occii practices require the developers for the lead for Affordable Housing projects and in addition to the expensive Affordable Housing includes the commercial space o 123450i67 will continue the used for those commercial spaces no longer with the commercial underwriting guidelines that occii follows racing guidelines theyre fund to support the inclusive neighborhood by prioritizing if it sounds too good to be true, it probably is. Community serve and other benefits to support the residents. All Affordable Housing projects with commercial spaces are subject to those requirements and attachment two is the information for the spacing housing since disillusion of those built that are commercial spaces two include the public been and caregiver on van less than and looking for ways to make the spaces easier for Small Businesses and nonprofit for tenant improvements and which brings me to the next request weve heard from the commission that occii should provide funding for commercial spaces the obligations funding not for commercial under applicable law under the existing contracts with occii can fund that we have leverage to paying for most of the costs for those spaces there are limitation to the amount of funding towards the spca by like i said occii funds up for commercial spaces and the housing when allowed and makes sense for the project and weve included small tenant reverses wrerz for Small Businesses and continue to do this and with the Developers Seek alternative financing for those spaces. And we heard from the commission we should explore the models for all Affordable Housing. And we are always looking for additional or alternative was for financing minimize and allow for long term affordability and taken into consideration of a variability of those and plan to do this and encourage the developers we partner with two do this and provide replacement whourz different models like small sites and corroborative housing with with the low income tax programs we may choose to have different models like i said but are more expensive due to lack of leverage funding and serving and higher ami population i dont anticipate theyll make up the budget but with the funding perhaps managing the unit and exciting financing possible for nuance with the tax credits like the housing bonds later on on the ballot and helping to make our dollars go further. Weve heard from commission and local Development Community to focus on lower ami in the 2017 cropping safer and done our best to maintain the projects feasibility and we know that most cop seeking housing at or blow 50 percent ami so all the rental projection are 60 percent ami and include the tiers below 50 percent and exclude did state and federal and available to further address that affordability that we want to see. Of the 18 hundred and 22 units offered for posted development 11 hundred are at or below ami and 4 hundred and plus over 896 of the unit offered for the at or below the ami and will be a critical housing to meet the needs of cop we heard the replacement housing should be set aside for the holders and for now have the same for replacement Housing Units not enough holders for to qualify the remaining unit must be offered and occupied with preference with the displaced to make sure the Housing Units to comply with tax credits and other financing requirements and as you can see were focused on finding cop holders and with the contract information is underway and plan to continue that work to complete an updated safer to marry we understand the Housing Needs and preferences of the cop holders waltz the barriers for access housing for isnt it true cop housing tenants. We heard that replacement Housing Units should have the same income levels and unfortunately, dont have the data for all the families and senate bill no. 593 requires the units in the same or lower income categories with the limit of 120 of ami like i said and with that said, we heard you from the ccii and regarding the income seeking income we need to focus on building housing with deeper affordability at or below 60 percent ami we intended to do that. We heard we should complete an impact pack lost from 1945 to the presents not an enforceable but supporting that effort and 24, that 25 will have the project areas that makes this information more assessable for any of the efforts. rustling of papers. we heard to conservator the opportunities to assist with the homeless and displaced cop holders and ccii will continue it seek funding to address the needs and recently secures section 8 and help to reach the low tiers. Weve heard insuring that down payment assistants and rental programs are available to cop holders another item weve received impact we are landmarking to make those down payment and benefits whenever possible and the staffing connects the cop applicants interested in purchasing or renting an how long or down payment assistance and hearing from pam simmons about those efforts in the next meeting during the cop regular report presentation. Weve heard to mr. Chair the programs for housing and businesses including Technical Support and ccii has a program for in time sponsors with acquisition and stabling the outreach by converting 5 to 4 units to rental property those projections can serve between 80 ami maintaining the operational feasibility as part of the planning for the senate bill no. 593 bond issuance occii will determine if there are potential Pipeline Projects that meet the goals of senate bill no. 593 where down payment occurred and Technical Supports for businesses not an eligible use i outlined earlier the ways we support Small Businesses sophomore Building Spaces in the Affordable Housing development and where were making those Spaces Available for Small Businesses. Has helped with the process and a certificate and proof the equity not established allows for wide range of documents and last year occii reduced the numbers of applications for the proof of name change well continue to look at ways to streamline the process and removal barriers and as i mentioned were planning to scan the documents from former project areas to make that easier to assist the tenant not able to provide eligibility. And finally, weve heard to participate with the black forum and or create a land trust for the housing obligations and senate bill no. 593 must Fund Specific Housing Developments and 0 ccii cant create the funds for the land trust, however, the long term ownership under the affordability development is intended to make sure the critical Housing Resources are affordable and occii has partyed in the opportunities and encourage black and issuance in the future. As i discussed it previously we are looking at the is built anti we need to continue to house of cop hours and with the targeting to pete the needs and well considering some housing may needed meet the needs of affordability established by senate bill no. 593. And want to Start Building as soon as possible but exploring ways to maximize the flexibility and we think the following categories are broad view to respond to the current and future Community Needs and concerns i want to highlight that all projects will go though the public approval with Commission Approval and recommendations when appropriate. So first, we can add units in excess of obligations to project areas where sites are available are f previously have sites in admission bay with land available for the Affordable Housing. A but not authority under the obligations to fund those units this approach has the and parcels more Affordable Housing purposes and we can get started with predevelopment with the excited funds without waiting for the senate bill no. 593 bond issuance, aye. South lake weve issued an rfq for the mission bay to conclude the senate bill no. 593 and, second, we, develop Affordable Housing for Development Project areas in the urban replacement lying the western edition and Third Development the Affordable Housing in other areas of the city in collaboration with the mo cd that meets the standards set in the legislation and meet the needs that the cop folks have and add to the diversity units increase in legislation and many of the projects can get started with the predevelopment without waiting for that initial senate bill no. 593 issuance and finally, well a priority for all the

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