TBCAC Housing Presentation

8/13/2019 TBCAC Housing Presentation

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TRANSBAY REDEVELOPMENT PROJECT AREA


MARKET RATE AND AFFORDABLE HOUSING MIX

Transbay Cit izens Advisor y Commit tee Marc h 14, 2007

Olson L ee, Deputy Executiv e Director, San Francisco Redevelopm ent Agenc yMike Grisso, Project Manager, San Francisco Redevelopment Agenc y


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Zone One

Transbay DTRNew development controls

and design guidelines

adopted in 2005.

High-density mixed-useresidential and retail

neighborhood adjacent to

Rincon Hill.

Zone Two

Transbay C-3SUD primarily relies on

Planning Code as it currently

exists or as amended in the

future.

Zoning Plan

TRANSIT

TOWERFIRST &

MISSION

TOWER

HOWARD

TOWER


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At a minimum, 35% of all new units built in the ProjectArea must be affordable:

At a minimum, 25% will be affordable to households

earning 60% of AMI and another 10% will be affordable to

households earning 120% of AMI

We know how many units will be built in Zone Onehere

we can make sure that at least 35% are affordable.

We do not know how may units will be built in Zone Two;so far only one residential project is in the planning stage

(41 Tehama St.). If units are built in Zone Two, the

Redevelopment Agency will have to build affordable units.

Affordable Housing Requirements of the Plan


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Approximately 3,450 units,of which approximately 1,200

will be affordable.

Approximately 400 units will

be inclusionary units (builtwithin market-rate projects).

Approximately 800 units will

be stand-alone (or built within

100% affordable projects).

Goal is to achieve the 35%

affordable housing level while

maximizing the land value.

Zone One Plan


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Zone One Block Development

Mixed building typesand designs.

One tower per block.

Active ground floor.

Shared open space.

Shared parking

structure.

Different buildingtypes accommodate

different types of

affordable housing.


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High construction costs

mean that towers do not

work well for stand-

alone, 100% affordable

housing projects.

Instead, towers willhave inclusionary

affordable housing of at

least 15% of the total

units.

Based on current

market conditions,

towers will most likely be

developed as

condominiums.

Tower Units


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Lower construction costsmean that mid-rise,

podium and townhouse

projects can be stand-

alone, 100% affordable

housing projects.

Can be rental units or

condominiums, but most

will be rental units in order

to balance the fact thatmost of the tower units will

be condominiums.

Mid-Rise, Podium and Townhouse Units


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In order to achieve the 35% affordable housing level andstill maximize the value of the land:

Most of the towers will be market-rate condominium

developments with 15% inclusionary affordable housing.

Based on Agency policy, these inclusionary units will bepriced around 80-100 percent of AMI, but will not exceed

120 percent of AMI.

Most of the mid-rise, podium and townhouse units will be

stand-alone, 100% affordable housing projects. Most willbe rental units. Based on Agency policy, these units will be

priced at 50% of AMI or less. The condominiums will be

priced at 80-100 percent of AMI, like the tower units.

Market-Rate and Affordable Housing Summary


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The stand-alone, 100% affordable housing projectswill accommodate a wide range of different housing

types serving a variety of households:

Family Rental Housing: 1, 2 & 3 Bedroom Units

First-Time Homebuyer: Townhouses or Condos

Senior Rental Housing: Studio & 1 Bedroom Units

Supportive Housing: Studio & 1 Bedroom Units

Types of Stand-Alone, 100% Affordable Housing


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100% Affordable Housing Parcels

The first 100% affordable housing parcels in the

Project Area will be:

Parcel 11Supportive Housing

Parcel 8To be determined, Family or Senior

Rental or First-Time Homebuyer Housing

Parcel 1To be determined, Family or SeniorRental First-Time Homebuyer Housing


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What is Supportive Housing?

Supportive housing is: Housing for formerly homeless people or

persons at-risk of homeless

Includes intensive on-site supportive services

Case Management, Health Care, MoneyManagement, Community Building

Provided by Dept of Public Health & CompetitivelySelected Service Provider

Provides outreach to homeless people in theProject Area

Part of San Franciscos 10-year Plan to endChronic Homelessness


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Why Supportive Housing?

Throughout the nation and here in SanFrancisco, the model of housing with on-

site supportive services has proven to be

most effective in housing persons whohave been homeless.It is clearly more

humane and cost effective to provide

someone a decent supportive housing unitrather than allow them to remain on the

streetThe San Francisco Plan to Abolish Chronic

Homelessness


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Why Supportive Housing Works

Supportive Housing works because of the

carefully selected supportive services

delivered to residents on site, linkages to

physical and behavioral health services inthe community, and the confidence that

comes from no longer being threatened

and isolated from living on the streets.The San Francisco Plan to Abolish Chronic

Homelessness


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Plaza Apartments Located in South of

Market on 6thStreet

106 studio apartments

Supportive housing forformerly homelesspeople

LEED Silver anticipated

Photo courtesy of Tim

Griffith Photography


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Plaza Interiors

Photos courtesy of Tim Griffith Photography


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Mission Creek Senior Community

140 units total for seniors

51 units for frail seniors

including formerly

homeless

10 units for seniors living

with HIV/AIDS

On site Adult Day HealthCenter

On site Branch Library


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Rich Sorro Commons

Located in Mission

Bay

100 units total for

families

10 units for

households living

with HIV/AIDS

On site Childcare

Center


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10thand Mission Family Housing

136 units total forfamilies

43 units for formerlyhomeless families

On site Youth Center

Green CommunitiesProject

Starting construction

May 2007


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9thand Jessie Senior Housing

107 units total forseniors

17 units forformerly chronically

homeless seniors

Will meet GreenCommunitiesstandards

StartingConstructionJanuary 2008


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Central Freeway Parcel G

115-120 studios

for formerly

homeless people

Preliminary

design concept

Green and

sustainable

building design

Documents

TBCAC Housing Presentation