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OCII reviews $565.8 million FY21–22 budget and launches Legacy Foundation scholarship RFP
Summary
At a workshop the commission reviewed OCII's $565.8 million proposed FY2021–22 budget emphasizing $269.3M for affordable housing and $126.5M for infrastructure; staff also announced an RFP to select a firm to administer Legacy Foundation scholarships totaling roughly $400K–$475K plus $50K in living-expense stipends.
The Commission on Community Investment and Infrastructure received a workshop presentation on OCII’s proposed FY2021–22 budget on April 6 and was briefed on a soon-to-be-released RFP to identify an administrator for Legacy Foundation scholarship funds for the Bayview Hunters Point community.
Nina Yu, presenting the budget overview, said OCII’s total proposed budget is $565.8 million, with primary uses concentrated in affordable housing ($269.3 million) and infrastructure/non-housing ($126.5 million). Yu said the numbers mirror the ROPS submitted to the state and noted the Department of Finance’s ROPS decision (due April 15) could prompt revisions before the commission votes on the budget at its April 20 meeting.
Project managers summarized workplans across OCII…
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