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Committee reserves COP proceeds for HOPE SF and approves $30M state infill grant acceptance
Summary
The committee reserved certificate-of-participation proceeds for HOPE SF and approved acceptance of a $30 million state infill infrastructure grant; the HOPE SF presentation described 2,500 replacement public-housing units, additional affordable and market-rate housing and a Hunters View pilot project.
The Budget and Finance Committee moved several financing items related to the HOPE SF public-housing redevelopment program forward to the full Board of Supervisors and approved acceptance of a $30 million state infill infrastructure grant.
Mayor's Office of Housing staff described HOPE SF as a program to rebuild eight public-housing developments into mixed-income communities without displacing current residents, including a Hunters View…
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