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Contested India Basin development advances to full Board after committee debate over income bands and in‑lieu fees
Summary
Supervisor Cohen's India Basin plan and development agreement were amended in committee and sent to the full Board as a committee report without recommendation after extended debate about affordable-home AMI bands, price caps, and whether in-lieu fees should require a higher on-site equivalent.
Supervisor London N. Breed (via sponsor remarks from Supervisor Cohen) and project representatives presented Items 10–12 — a package to revise the Bayview Hunters Point area plan, establish an India Basin Special Use District, and approve a development agreement with India Basin Investment LLC. The sponsor said the project would yield roughly 394 below‑market-rate (BMR) units on-site under current terms with a distribution of AMI bands the sponsor presented as 5% at 55% AMI, 15% at 80–120% AMI and 5% at 140% AMI, with an overall 25% BMR contribution (either on-site or via an in-lieu fee).
Supervisors and staff clarified that "55%" and other AMI bands…
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