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Board approves SoMa West Community Benefit District with nonprofit assessment reductions and governance requirements
Summary
The Board of Supervisors approved formation of the SoMa West Community Benefit District, accepting an amended management plan that reduces assessments on nonprofit-owned parcels and specifies governance representation; the resolution passed unanimously.
The San Francisco Board of Supervisors on March 2019 approved a resolution forming the SoMa West Community Benefit District and accepted an amended management plan that reduces assessments on nonprofit-owned parcels and commits to a broadly representative governing board.
Supervisor Haney, the item sponsor, told the board she spent the month since the prior hearing negotiating with the steering committee, affordable housing providers, developers, nonprofits and the Office of Economic…
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