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Health Commission endorses draft term sheet for Mercy Housing senior project at Laguna Honda campus
Summary
The San Francisco Health Commission endorsed a nonbinding term sheet allowing Mercy Housing California to pursue entitlements for a two-phase senior housing project on the Laguna Honda campus; commissioners expressed support but noted concerns about eligibility, accessibility, financing and impacts on Laguna Honda residents.
The San Francisco Health Commission voted to endorse a draft nonbinding term sheet that outlines the principal terms for a proposed senior housing development on the Laguna Honda Hospital campus and authorized the Mayor's Office of Housing and Community Development (MOHCD) and Mercy Housing California to pursue planning entitlements.
Why it matters: The project, proposed in two phases, is intended to add affordable senior housing and supportive services near Laguna Honda while reserving part of the development for referrals of Laguna Honda residents who can live in a community setting. The term sheet is a prerequisite for financing applications and planning entitlements; it does not itself bind the city to construction or implementation.
Key points of the term sheet: Anne Romero, senior project manager at MOHCD, told the commission the draft concept envisions two phases. Phase 1 would include approximately 131 one-bedroom units and an early…
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