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Board approves 8-year extension, modified affordable-housing rules for 3333 California Street project
Summary
The Board of Supervisors approved an amendment extending the development agreement for 3333 California Street and allowing the project to qualify for temporary fee reductions and incremental property-tax financing for public facilities and affordable housing.
The San Francisco Board of Supervisors on Nov. 19 approved an amendment to the development agreement for the 3333 California Street project that extends the agreement by eight years and modifies affordable housing requirements to allow the project to use a temporary fee reduction program and an incremental property-tax financing framework.
The ordinance, removed from the consent calendar for brief remarks and then approved on the floor, extends the development agreement through Sept. 11, 2043, and directs inclusion of a finance plan that could use incremental property tax revenue to fund public capital facilities and affordable units.
Supervisor Catherine Stefani, who removed the item from consent, said the package will “bring us one step closer to having more homes built at 3333 and 3700 California Street,” and singled out senior affordable units as a critical outcome that will help elders remain in their neighborhoods. She thanked the project team, neighborhood groups including the Pacific Heights Residents Association and Presidio Heights Association of Neighbors, the Prado Group, the Office of Economic and Workforce Development, the mayor’s office, and planning staff for outreach and revisions that she said produced community support.
The ordinance amends the development agreement to: extend the agreement term to 09/11/2043; modify affordable housing requirements so the project can qualify for the Planning Code temporary fee reduction program (Planning Code §403); and add a finance plan framework proposing the use of incremental property tax revenue to fund public facilities and affordable housing. The board took the item “same house, same call” after Supervisor Stefani’s remarks and the ordinance was declared finally passed on the floor.
Details about the project’s total number of units, exact affordable-unit counts, and the finance-plan specifics were not stated on the floor and are not specified in the meeting record.
The vote was announced as passed on the floor; no roll-call tally tied to this item appears in the transcript excerpt.
The board also made a separate vote later in the meeting to adopt additional consent calendar items that included other housing-related measures.
The mayor and city planning staff will carry out implementation steps and any subsequent Planning Department approvals required by the amended agreement.
