OCII approves $622.2 million budget for 2025–26, prioritizing affordable housing and infrastructure projects

The Commission on Community Investment and Infrastructure on Tuesday approved a $622,200,000 budget for fiscal year 2025–26 and authorized the executive director to submit the budget and interim budget to the mayor's office and the Board of Supervisors.

The action, resolution number 4-2025, passed by a 5–0 vote after a staff presentation that summarized project spending across OCII's three project areas: Mission Bay, Transbay and Hunters Point Shipyard/Candlestick Point. Acting deputy director Mina Yu told commissioners, “So, our budget is $622,200,000,” and described the package as including affordable-housing loans, infrastructure construction and planned bond issuances.

Why it matters: OCII is the successor agency charged with carrying forward redevelopment-era obligations in these project areas. The budget guides bond sales, reimbursements to developers for infrastructure and the agency’s affordable-housing loan pipeline, and therefore shapes what housing and public-space work advances in the coming year.

Key figures and priorities - Total budget: $622,200,000, a year-over-year decrease of about $62,900,000. Staff attributed the decline primarily to changes and timing in the affordable housing project pipeline and ongoing drawdowns of prior-period authority. Mina Yu explained that prior-period…