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Board committee backs four AHSC grant applications that would fund over 400 affordable units
Summary
The San Francisco Board of Supervisors' Government Audit and Oversight Committee voted May 20 to recommend four joint applications to the state's Affordable Housing and Sustainable Communities program, seeking loans and grants for transportation improvements tied to 406 units of 100% affordable housing.
The Government Audit and Oversight Committee on May 20 recommended four joint grant applications from the Mayor’s Office of Housing and Community Development to the California Affordable Housing and Sustainable Communities (AHSC) program.
Sarah Amaral, senior project manager for MOHCD, told the committee the city will apply jointly with private and nonprofit sponsors for AHSC funds for four projects: Building E at the Balboa Reservoir (124 units), Sunnydale Block 3A (80 units), Sunnydale Block 3B (90 units) and the Kelsey Civic Center project at 240 Van Ness Avenue (112 units, including 28 units reserved for people with disabilities). Amaral said the AHSC awards for these projects split into two components: a housing loan and transportation-related grants tied to greenhouse-gas–reduction measures.
Amaral provided the funding ask amounts the city will pursue if the committee recommends the applications: up to $20,000,000 in housing funds and $10,000,000 for transportation for Building E; $10,850,000 housing and $10,850,000 transportation for Sunnydale Block 3A; an expected $2,400,000 housing award and $7,000,000 transportation award for Sunnydale Block 3B; and up to $20,000,000 housing and $10,000,000 transportation for the Kelsey. She said the AHSC program requires joint and several liability for project completion, which the city would assume as a co-applicant.
Supervisor Dean Preston moved to send the four items as committee reports to the full Board for consideration. With Vice Chair Connie Chan and Member Rafael Mandelmann, the committee voted unanimously to recommend the applications. Clerk John Carroll reported the motion passed with three ayes.
Why it matters: the AHSC program ties housing construction to transportation investments intended to reduce greenhouse-gas emissions; the four projects together represent more than 400 units of 100% affordable housing and include units reserved for people with disabilities.
What’s next: MOHCD reported teams are working to complete funding applications by the AHSC deadline of June 8, 2021. The committee recommended the items as committee reports to the full Board, which will consider them at an upcoming Board meeting.
