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Council extends FMC Willow affordable‑housing deadline, reconfigures affordability levels
Summary
Staff said city council approved amendments extending the affordable‑housing completion date for Harbor Point and FMC Willow from 12/31/2028 to 12/31/2031 and altered the FMC Willow project's affordability mix to average about 60% of area median income to enable Low‑Income Housing Tax Credit financing.
Staff reported city council action amending affordable housing obligations for the Harbor Point and FMC Willow projects. The council accepted staff recommendations to extend the construction completion deadline for the affordable component from December 31, 2028 to December 31, 2031 because an unforeseen title issue with the San Francisco Public Utilities Commission delayed the overall project timeline.
Staff also said the FMC Willow affordable development — a 91‑unit low‑income project — had its average affordability adjusted downward to approximately 60% of area median income so the project would qualify for Low‑Income Housing Tax Credits. Staff added the project plans to apply for financing in September.
Commissioners asked follow‑up questions about whether any park or project boundaries changed; staff said Grand Park boundaries and amenities were not reduced and that schedule adjustments were the primary change.
