Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Development topic
No spam. Unsubscribe anytime.
Port approves Mission Rock housing changes that lower Phase 1 affordability minimum
Summary
The Port Commission approved amendments to Mission Rock Parcel A and to the housing plan that redistribute affordable-unit targets (increase deeper 90% AMI units, eliminate 150% AMI units) and request lowering the Phase 1 minimum from 30% to 20%, yielding roughly 25% affordable units for Phase 1.
The Port Commission voted to approve staff-recommended amendments to the Mission Rock housing plan and Parcel A lease documents, authorizing a redistribution of affordability levels in Phase 1 that reduces the phase minimum affordability requirement.
Wyatt Donnelly Landolt of the Port’s development team presented the proposal and leasing data. He explained that Parcel F leasing demonstrated stronger demand for 90% AMI units and weaker demand for 150% AMI units. To accelerate occupancy and deepen affordability for lower-income households, the Port and developer propose increasing the number of 90% AMI units in Parcel A, maintaining 120% AMI units, and eliminating the 150% AMI units. Landolt stated the effect is to lower the Phase 1 aggregate affordability from the previously approved 30% to about 25% for the phase; staff requested an amendment to the housing plan to lower the phase minimum from 30% to 20% to allow these changes to proceed.
Staff emphasized that no tenant displacements would occur: existing tenants in 150% AMI units would have rents reduced to the new target levels and units would convert to the new AMI level when vacated. Commissioners asked for context comparing the Mission Rock targets with city inclusionary housing requirements; Landolt noted City and County of San Francisco inclusionary targets are lower (the Commission discussed a commonly cited city target around 12.5%).
After public comment was closed and a brief discussion about market conditions and phasing, the Commission adopted the staff recommendation (Resolution 2517) to amend the housing plan and make conforming changes to the Parcel A lease; staff will take conforming changes to the Board of Supervisors as required.
Commissioners noted the market challenges that prompted the changes — shifting post‑pandemic demand and material/interest-rate pressures — and expressed support for prioritizing deeper affordability and accelerating occupancy.
