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Committee forwards option-to-lease for 72‑unit Potrero HOPE SF affordable housing (Block X)
Summary
The Budget & Finance Committee voted to forward a resolution authorizing an option to ground lease for two parcels at 20 Fifth and Connecticut Streets to Bridge Housing, enabling site control needed to pursue state financing for a 72‑unit affordable housing project in the Potrero HOPE SF plan.
Faith Kirkpatrick, project manager at the Mayor's Office of Housing and Community Development, told the committee the resolution authorizes an option to ground lease two adjacent parcels at 20 Fifth and Connecticut Streets that will be merged into a single roughly 30,000‑square‑foot lot and leased to Bridge Housing for a 72‑unit affordable building called…
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