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OCII adopts $622.2 million budget for 2025–26 to fund housing, parks and infrastructure
Summary
At its April 15 meeting the San Francisco Commission on Community Investment and Infrastructure approved a $622.2 million budget for fiscal year 2025–26 to advance affordable housing, parks and infrastructure across Mission Bay, Transbay and Hunters Point Shipyard/Candlestick project areas.
The Commission on Community Investment and Infrastructure on April 15 approved a $622,200,000 budget for the period July 1, 2025, through June 30, 2026, and authorized the executive director to submit the budget and an interim budget to the mayor's office and the Board of Supervisors.
The budget funds projects across OCII’s three project areas — Mission Bay, Transbay and Hunters Point Shipyard/Candlestick — and carries the successor agency’s remaining enforceable obligations from the former redevelopment agency. “This is our annual budget review … and it presents about $620,000,000 in projects across our three project areas,” Acting Director Mina Yu said during the presentation.
Why it matters: OCII said about half of the budget will fund affordable housing programs, with the remainder covering infrastructure, parks and nonhousing work. The agency plans multiple bond issuances and continued drawdown of prior-period authority that represents multi-year construction budgets and previously issued affordable-housing loans.
Key details - Total budget requested:…
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