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5Point reports millions in community benefits for Hunters Point/Candlestick; residents and nonprofits praise job and youth programs

Commission on Community Investment and Infrastructure · October 17, 2017
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Summary

5Point and Lennar presented a quarterly status of community benefits at Hunters Point/Candlestick, reporting nearly $16 million in expenditures to date across active programs, contractor assistance, job training, and legacy funds; community speakers — workforce trainees, nonprofits and CAC members — highlighted concrete outcomes and urged continued outreach.

5Point representatives reported on the company’s compliance with community benefit commitments for the Hunters Point Shipyard and Candlestick Point project areas and described active programs and expenditures.

LaShawn Walker, 5Point’s director of community affairs, told the commission the project has committed nearly $16 million in expenditures to benefit the community, including contractor assistance, workforce training, outreach, homebuyer assistance and legacy fund payments. Walker highlighted that minority participation comprised nearly 50%…

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