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SFMTA secures $4.35M for Potrero Yard Modernization Project continuation payment

February 28, 2024 | San Francisco County, California



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

SFMTA secures $4.35M for Potrero Yard Modernization Project continuation payment
In a recent San Francisco County government meeting, officials discussed significant developments regarding the Potrero Yard Modernization Project, a key initiative aimed at enhancing public transportation and affordable housing in the area. The meeting, held on July 4, 2025, focused on a resolution to approve a continuation payment of $4.35 million under a predevelopment agreement between the Potrero Neighborhood Collective (PNC) and the city’s Municipal Transportation Agency (SFMTA).

The continuation payment is crucial for advancing the project, which includes the construction of a new bus facility and up to 465 housing units, comprising both affordable family housing and workforce housing. The SFMTA's public affairs manager, Bonnie Jean Von Crowe, emphasized that this payment is necessary to proceed with the next phase of the project following the certification of environmental impact reports and the approval of entitlements.

The project aims to address the pressing need for public transit improvements while simultaneously increasing the availability of affordable housing in San Francisco. The proposed bus facility is designed to accommodate 54% more buses, enhancing the efficiency of the SFMTA's operations and improving service reliability for the community. Additionally, the housing component is structured to provide options for families earning up to 80% of the area median income (AMI) and workforce housing for those earning between 80% and 120% AMI.

Community engagement has been a cornerstone of the project, with extensive outreach efforts since 2018, resulting in significant public support. The SFMTA has committed to maintaining transparency throughout the project's development, with regular updates to the Board of Supervisors and the Transportation Authority Board.

As the project progresses, the SFMTA anticipates finalizing project agreements by fall 2025, with ongoing discussions about the term sheet and project agreements. The meeting concluded with a unanimous recommendation to forward the resolution to the full board, marking a pivotal step in the realization of this ambitious public-private partnership aimed at bolstering both transportation infrastructure and housing availability in San Francisco.

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