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Port Commission approves MOU to pursue affordable housing on Seawall Lot 322
Summary
The San Francisco Port Commission approved a three-year memorandum of understanding with the Mayor's Office of Housing to pursue affordable housing on Seawall Lot 322; the MOU is a process agreement, not project approval. Staff said the site now produces about $600,000 a year in parking revenue and that any lease would depend on job-housing linkage credits and subsequent public review.
The San Francisco Port Commission on voice vote approved a memorandum of understanding with the Mayor's Office of Housing and Community Development to pursue an affordable housing project on Seawall Lot 322 at Broadway and Front Street. The MOU, which commissioners described as a process document rather than final project approval, establishes a three-year framework (with a possible 12-month extension) for the housing office to issue an RFP, select a nonprofit developer and pursue entitlement and CEQA review.
Ricky Tejani, project development manager in the Port’s planning division, told commissioners the site is currently a surface parking lot generating about $600,000 annually and is zoned C2 (community business). Staff estimated the scheme could yield roughly 170–200 senior units or 80–115 family units, with…
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