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OCII: Fiscal 2018–19 saw more than 1,000 housing completions; staff warns funding changes could hurt future projects
Summary
OCII reported 1,072 housing completions in FY 2018–19 and $51 million in related funding activity, with project‑area completion percentages and affordability targets detailed. Staff cautioned that pending state changes to competitive bond and tax‑credit allocation could disadvantage San Francisco projects in 2020.
OCII presented its annual housing production report for fiscal 2018–19 on Nov. 19, reporting a strong year for completions while flagging funding risks that could slow future projects.
Housing program manager Jeff White said OCII projects account for more than 21,000 housing units across its major project areas, with roughly 32% expected to be affordable at build‑out. For FY 2018–19, OCII recorded 1,072 completed units and 152 units that started construction, and reported $51…
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