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OCII conditionally approves schematic design for Candlestick Point Block 10A, preserves 156 affordable units
Summary
The Commission on Community Investment and Infrastructure voted 3to1 to conditionally approve the schematic design for Candlestick Point Block 10A, a 156-unit 100% affordable family rental building with 35 units set aside for formerly homeless households and a recommended 0.54:1 parking ratio to protect tax-credit financing.
The Commission on Community Investment and Infrastructure on Dec. 5 conditionally approved the schematic design for Candlestick Point North Block 10A, a 156-unit, 100% affordable family rental building in the Bayview Hunters Point redevelopment area.
OCII development specialist Gretchen Heckman presented the project program, saying the parcel will include 156 permanently affordable rental units, including 35 units reserved for formerly homeless households (five of those further reserved for young parents ages 18 to 24). "These units will be restricted to households earning 30% or less of the area median income," Heckman said, and she added that 121 units would be targeted to households at or below 60% AMI.
The project includes ground-floor retail, two on-site family child-care units, a community room, property-management offices and a central…
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