San Francisco supervisors adopt package of housing, infrastructure and finance measures on Nov. 5

SAN FRANCISCO — On Nov. 5, 2024, the San Francisco Board of Supervisors adopted a package of ordinances, resolutions and financing actions affecting housing, public utilities and development projects, with most items approved by unanimous consent.

The measures, taken during the board’s meeting at City Hall, included amendments to redevelopment plans for Hunters Point and Bayview Hunters Point, changes to the planning code affecting below-market-rate (BMR) resale rules, increases to interim funding programs for the city’s wastewater, water and power enterprises, and several housing loan and grant agreements administered by the Mayor’s Office of Housing and Community Development (MOHCD).

Why it matters: The actions authorize or expand financing that city agencies say will support capital projects, affordable housing production and infrastructure work across multiple neighborhoods, while also extending development agreements and program-level funding caps that could affect future project schedules and budgets.

Key actions and amounts

- The board adopted two ordinances (items 14 and 15) amending redevelopment plans for the Hunters Point Shipyard and Bayview Hunters Point project areas to authorize the transfer of up to approximately 2,000,000 square feet of research-and-development and office space and to extend redevelopment plan time limits.

- An ordinance (item 16) amending the planning code was passed to allow certain BMR owned units to be resold at prices affordable to households at an increased area median income (AMI) level, to require BMR owned units originally purchased with parking or other amenities to be resold with the same amenities, and to require periodic reporting to the inclusionary housing technical advisory committee, the planning commission and the Board of Supervisors on AMI-level increases approved…