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Committee recommends lease of city property at 42 Otis to 5 Keys for 24 units of supportive housing for transitional‑age youth
Summary
The committee forwarded a lease allowing the Department of Homelessness and Supportive Housing to ground‑lease 42 Otis Street to 5 Keys Schools and Programs for a permanent supportive housing project of 24 units for young adults, with an initial five‑year term and up to ten five‑year extensions (max 55 years); the measure included $1 in rent and funding sources to cover operations.
The Budget and Finance Committee on Sept. 25 recommended that the Board authorize a ground lease for city property at 42 Otis Street to 5 Keys Schools and Programs to operate 24 units of permanent supportive housing (PSH) for transitional‑age youth (ages 18'4).
Emily Cohen of the Department of Homelessness and Supportive Housing said the building, constructed in 2021 in the Hub neighborhood, includes unit kitchens and bathrooms, on‑site laundry,…
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