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Committee backs SoMa Stabilization Fund allocations for housing readiness and workforce supports
Summary
The committee recommended forwarding $250,000 for tenant readiness at the Veterans Equity Center and up to $75,000 to Asian Neighborhood Design for targeted workforce/case-management tied to the 333 Harrison project; budget analysts described fund balances and advised the $75,000 allocation without a separate RFP is a policy decision for the Board.
The Budget and Finance Committee on July 12 considered two recommendations from the South of Market (SoMa) Community Stabilization Fund advisory committee: $250,000 to the Veterans Equity Center for tenant counseling and case management and up to $75,000 to Asian Neighborhood Design (A& D) for neighborhood-focused workforce services linked to the 333 Harrison development.
Claudine Del Rosario (Mayor’s Office of Housing) explained the Stabilization Fund was formed to mitigate development impacts in the Rincon Hill/SoMa area and that the two recommendations would help low-income residents and workers access housing and construction job opportunities arising from the 333 Harrison project. She said the advisory committee recommended the funds to support both housing readiness and workforce services tied to CityBuild cycles.
Budget analyst Mr. Rose reported the Stabilization Fund had received about $9,191,923 to date and expended $4,067,518, leaving a fund balance of approximately $4,799,405 if the committee approved the $325,000 request. The analyst noted the $250,000 to the Veterans Equity Center followed a separate RFP, while the $75,000 allocation to A&D was made without a new competitive RFP because A&D holds existing citywide CDBG-funded contracts providing similar services; the analyst characterized the latter allocation as a policy matter for the Board.
Speakers during public comment included advisory board members and service providers who urged approval and emphasized the urgency of linking residents to the CityBuild training cycles beginning soon. One public commenter opposed the $75,000 allocation to A&D citing lack of a separate RFP and prior funding.
The committee moved the item forward with recommendation to the full Board.
