In 2008 San Francisco voters rejected a ballot measure which would have required 50 percent of the proposed 10,500 new Hunters Point residential units to be below market rate, but yesterday Supervisor Daly proposed a do-over amendment once again calling for at least half of the residential units to be affordable (up from an already unprecedented 32 percent). The board rejected Daly’s amendment by at vote of 6-5 with supervisors Avalos, Campos, Mar, and Mirkarimi joining Daly on the losing side.
The board also rejected a proposed amendment from Supervisor Mirkarimi to eliminate a contentious bridge across Yosemite Slough connecting Hunters Point and Candlestick. Expect legal challenges to follow.
And to quote Lennar vice president Kofi Bonner, “now we have to find some money.”