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SFMTA unveils joint-development goals, names 25-site portfolio and affordable-housing floor

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Summary

SFMTA presented its first joint-development goals and a 25-property portfolio to the Planning Commission, proposing to use agency land to produce housing and generate long-term revenue for Muni; the policy requires at least 50% of large portfolio land be designated for residential use and at least 25% of units at 80% AMI or below.

SFMTA staff presented the agency's first formal joint-development goals and policy to the Planning Commission on March 6, describing a 25-property portfolio the agency has identified as potential sites for joint development and explaining how future projects could both produce housing and generate long-term revenue for Muni.

Wade Whitgriff, SFMTA's joint development program manager, said the SFMTA board unanimously adopted the program goals and policy last month and the Board of Supervisors adopted a supportive resolution this week. Matt Snyder of the Planning Department introduced Whitgriff and emphasized the program's relevance to ongoing housing-element rezoning work.

The policy outlines three primary goals: (1) use private investment to maximize public benefit and generate revenue for the SFMTA; (2) create…

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