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OCII authorizes ENA and $5.11M predevelopment loan for Mission Bay Block 4 East affordable housing
Summary
The commission approved an exclusive negotiations agreement and a predevelopment loan up to $5,111,731 to a Curtis Development–led team to build two phases of affordable housing at Mission Bay South Block 4 East, prioritizing COP holders and formerly homeless families; vote was unanimous.
The Office of Community Investment and Infrastructure unanimously authorized Sept. 3 an exclusive negotiations agreement (ENA) and a predevelopment loan not to exceed $5,111,731 for Mission Bay South Block 4 East.
Staff presented the recommended development team — Curtis Development (lead), Bayview Senior Services (co‑developer and services provider), YA Studio (architect) — noting the team’s experience on affordable projects and explicit plans to prioritize certificate of preference (COP) holders, formerly homeless households and family‑sized units. The preliminary program described Block 4 East as a two‑phase, two‑building development that could produce roughly 400 total units (phase 1 ~165 units in the RFQ‑level plan) with a unit mix targeting roughly 25 percent one‑bedroom, 50 percent two‑bedroom and 25 percent three‑bedroom units; staff said the team will explore four‑ and five‑bedroom units in phase 2 to serve larger families.
The predevelopment loan carries 3 percent simple interest and will fund design and permitting work for phase 1 and schematic design to 75 percent for phase 2; staff said phase‑2 predevelopment funding will be requested next summer or fall as entitlements and replacement‑housing bond financing become clearer. The Citywide Affordable Housing Loan Committee approved the loan recommendation on Aug. 2.
Public commenters endorsed the project and urged the development team and OCII to implement strong local‑hire practices, outreach to COP holders and transparent procurement so hyperlocal contractors and small business enterprises can participate. Several callers asked staff to ensure property management and long‑term services are not conflated: the development team named John Stewart Company as property manager; Bayview Senior Services explained the organization will provide services and said it will hold management accountable to service standards and expand staffing to operate the building's resident services.
Commissioners praised the proposal’s focus on family‑sized units and COP outreach and voted 5–0 to authorize the ENA and the predevelopment loan. Staff said the team will return to the commission in summer or fall 2025 for phase‑1 schematic design approval and will seek construction financing approvals in later phases, with an anticipated phase‑1 construction start in early 2027, subject to financing and permitting.
