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Committee advances HOPE SF master plans for Potrero and Sunnydale, endorses 1-for-1 replacement and services
Summary
The committee recommended approval of development and master development agreements for HOPE SF’s Potrero and Sunnydale projects, endorsing principles of 1-for-1 replacement, no involuntary displacement, integrated services, local hiring goals and a long-term financing plan that mixes federal subsidies, tax credits, market-rate cross-subsidies and city subsidies.
The Budget & Finance Committee on Jan. 11 recommended forwarding development agreements and master development agreements for HOPE SF projects (Potrero and Sunnydale) aimed at long-term transformation of public-housing sites.
Supervisor Cohen introduced the items and emphasized the projects’ goals to rebuild public housing into mixed-income communities without displacement. Theo Miller (Mayor’s Office/HOPE SF) and Olsen Lee (MOHCD) described HOPE SF principles including 1-for-1 replacement of public housing, resident priority for new units, integrated service delivery, and phased construction over a 10–20 year build-out. Kate Hartley and project managers reviewed financing: project-based Section 8 subsidies, low-income housing tax credits, market-rate cross subsidies and city subsidies. Project representatives (Bridge Housing, Mercy Housing/Related) and the controller’s office presented anticipated economic impacts and phasing details. The controller’s office estimated combined economic activity over 25 years and significant local job creation tied to construction and associated spending.
Supervisors asked about childcare, continuity of on-site providers, local hiring goals, and the possibility of future below-market homeownership opportunities; presenters confirmed commitments to replace and expand childcare facilities, prioritize local and public-housing resident hiring (50% local-hire goal cited), and attach service plans to loan agreements. Public comment included substantial resident support and developer testimony. The committee moved all four items (13–16) forward with a positive recommendation.
