With the rebuilding of San Francisco’s Hunters View public housing development having kicked-off in 2010, a resolution authorizing the financing for phase two is slated to be approved next week.
Up to $45,000,000 of residential mortgage revenue bonds will be issued to finance the construction of 107 affordable housing units and a small park on Blocks 7 and 11 along West Point Road:
Specifically, Block 7 will include 50 units, with both apartments and row houses due to the steep topography. There will be 4 fully accessible flats, 23 adaptable flats, 1 “supervisitable” and 2 “visitable” row houses [for disabled tenants]. Also, there will be three 3-story buildings, one 5-story building and a central courtyard area.
Block 11 will include 57 units—7 row houses and 50 apartment homes. Five of the flats will be fully accessible, and 43 flats will be adaptable. One row house will be “supervisitable.” Interior courtyard space will be activated by podium-level planters and plots for individual gardens and gathering spaces between buildings. There will be 53 podium level parking spaces provided in both Blocks 7 and 11.
Eighty (80) of the new units will be offered to households with incomes below 80% of the Area Median Income, twenty-six (26) will be set aside for households with incomes at or below 50% of the area median, and one will be occupied by an on-site manager.