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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 project areas. For Mission Bay, Mark Slutskin said the 2021–22 work plan will focus on infrastructure construction, park build-out and reimbursements. Ben Brandon described Transbay priorities, including pass-through property tax to the Transbay Joint Powers Authority for Salesforce Transit Center-related infrastructure and advancing Folsom Street improvements and Block 3 park design. Lila Hussein reviewed Hunters Point and Candlestick work including infrastructure acceptance and $4.1 million in community benefit grants to be dispersed with Legacy Foundation involvement.
On financing, staff noted plans to issue a tax allocation bond for affordable housing (approximately $130.4 million) to fund new projects in the housing pipeline; staff said new loans in the housing program total roughly $239.7 million and the budget supports about 1,448 units during the period.
In the executive director’s report, staff announced one agendized information item: an RFP for scholarship application and management services for the Bayview Hunters Point Legacy Foundation. Kashika McKinney summarized two scholarship funds: a Lennar Bayview Hunters Point academic scholarship pool (staff cited up to $400,000–$475,000 set aside) and a phase‑1 college living‑expense stipend fund of $50,000. McKinney said academic scholarship award levels would range from $1,000–$2,700 per year for diploma and certificate programs, with awards of up to $5,000 per year reserved for four‑year or graduate students who meet a minimum 3.5 GPA; the RFP was to be released the next day with submissions due May 6.
Dr. Veronica Honeycutt, chair of the Legacy Foundation board, spoke in support and urged staff to move quickly to get funds to students. Interim Director Sally Orth added milestones including construction starting on Building 101 (artist studios) funded with a federal EDA grant and shared updates on recent leasing activity at Mission Bay 6 West (Mercy Housing).
The workshop was informational only; staff said revisions from the state ROPS decision would be incorporated and the budget will return for commission action on April 20.
What's next: OCII staff will update the budget after the state ROPS decision and release the scholarship RFP as scheduled; finalists for the scholarship administrator are expected to be considered in May.
