00:00:13 OKAY GOOD AFTERNOON EVERYONE THIS MEETING WILL COME TO ORDER
00:00:16 . WELCOME TO THE JUNE 8TH, 2026
00:00:19 REGULAR MEETING OF THE LAND USE AND TRANSPORTATION COMMITTEE OF
00:00:21 THE SAN FRANCISCO BOARD OF SUPERVISORS.
00:00:24 >> I AM SUPERVISOR MARINA MELGAR, CHAIR OF THE COMMITTEE
00:00:28 JOINED BY VICE CHAIR CHEYENNE CHEN AND ALSO BY SUPERVISOR
00:00:32 BILAL MAHMOOD. THE COMMITTEE CLERK TODAY IS
00:00:35 JOHN CARROLL AND I WOULD ALSO LIKE TO THANK JEANETTE AGALAROV
00:00:39 RECEP CAPTIVE FOR STAFFING THIS MEETING.
00:00:43 >> MR. CLERK, DO YOU HAVE ANY ANNOUNCEMENTS?
00:00:44 YES. THANK YOU, MADAM CHAIR.
00:00:47 PLEASE ENSURE THAT YOU'VE SILENCED YOUR CELL PHONES
00:00:48 AND OTHER ELECTRONIC DEVICES YOU'VE BROUGHT WITH YOU INTO
00:00:50 THE CHAMBER TODAY. IF YOU HAVE ANY DOCUMENTS TO BE
00:00:51 INCLUDED AS PART OF ANY OF TODAY'S FILES YOU CAN SUBMIT
00:00:54 THEM DIRECTLY TO ME. PUBLIC COMMENT WILL BE TAKEN ON
00:00:55 EACH ITEM ON TODAY'S AGENDA WHEN YOUR ITEM OF INTEREST
00:00:58 COMES UP AND PUBLIC COMMENT IS CALLED PLEASE LINE UP TO SPEAK
00:01:02 ALONG YOUR RIGHT HAND SIDE OF THIS ROOM.
00:01:03 ALTERNATIVELY YOU MAY SUBMIT PUBLIC COMMENT IN WRITING
00:01:06 IN EITHER OF THE FOLLOWING WAYS FIRST YOU MAY EMAIL YOUR
00:01:08 COMMENTS TO ME JH IN DUTCH SERIAL L AT S F G OF YOUR G OR
00:01:15 YOU MAY SEND YOUR WRITTEN COMMENTS VIA U.S. POSTAL
00:01:18 SERVICE TO OUR OFFICE AND CITY HALL.
00:01:19 THE ADDRESS IS ONE DR. CARLTON BE GOOD PLACE ROOM 244 SAN
00:01:24 FRANCISCO, CALIFORNIA 94102 IF YOU SUBMIT PUBLIC COMMENTS
00:01:27 IN WRITING I WILL FORWARD YOUR COMMENTS TO THE MEMBERS OF THIS
00:01:30 COMMITTEE AND ALSO INCLUDE YOUR COMMENTS AS PART OF THE
00:01:32 OFFICIAL FILE ON WHICH YOU ARE COMMENTING ITEMS ACTED UPON
00:01:34 TODAY OR EXPECTED TO APPEAR ON THE BOARD OF SUPERVISORS AGENDA
00:01:40 OF JUNE 16TH 2026 UNLESS OTHERWISE STATED.
00:01:44 >> OKAY. THANK YOU SO MUCH MR. CLERK.
00:01:48 WE HAVE MEMBERS OF THE PUBLIC HERE TODAY AND I JUST WANT TO
00:01:52 MAKE A COUPLE OF ANNOUNCEMENTS BEFORE WE GET STARTED BECAUSE
00:01:55 TODAY WILL BE A LONG MEETING THAT I DO INTEND TO CONTINUE TO
00:01:59 MAKE A MOTION TO CONTINUE TO ITEMS NUMBER FOUR AND NUMBER
00:02:06 FIVE TO THE CALL OF THE CHAIR. >> SO IF YOU ARE HERE TO HEAR
00:02:10 OR TO GET PUBLIC COMMENT ON THE SITE OF COMPTON'S CAFETERIA
00:02:15 RIOT, THE LANDMARKING THAT IS ITEM NUMBER FOUR THAT WILL BE
00:02:21 CONTINUED TO THE CALL OF THE CHAIR AND ALSO ITEM NUMBER FIVE
00:02:25 THE SMOKEFREE PLACES LEGISLATION THAT WOULD ALSO BE
00:02:26 CONTINUED TO THE CALL OF THE CHAIR OF COURSE THEIR AGENDA.
00:02:30 SO IF YOU WANT TO PROVIDE A COMMENT YOU CAN BUT WE WILL NOT
00:02:33 BE VOTING ON THOSE THINGS TODAY.
00:02:36 WE WILL BE VOTING ON THE CONTINUANCE FOR BOTH.
00:02:39 SO JUST BEING MINDFUL OF YOUR TIME.
00:02:41 SO WITH THAT MR. CLERK, PLEASE CALL ITEM NUMBER ONE AGENDA
00:02:47 ITEM NUMBER ONE IS AN ORDINANCE AMENDING DIVISION ONE OF THE
00:02:50 TRANSPORTATION CODE TO MAKE NON SUBSTANTIVE ORGANIZATIONAL
00:02:51 CHANGES TO THE PROVISIONS GOVERNING THE INTERDEPARTMENTAL
00:02:55 STAFF COUNCIL ON TRAFFIC AND TRANSPORTATION AND REMOVE
00:02:58 OUTDATED PROVISIONS CONCERNING THE TEMPORARY USE OF STREETS
00:03:01 FOR SCHOOL USES. THE ORDINANCE ALSO AMENDS THE
00:03:03 ADMINISTRATIVE AND FIRE CODES TO UPDATE CROSS-REFERENCES
00:03:06 AND AFFIRMS THE PLANNING DEPARTMENT SECRET DETERMINATION
00:03:12 AND THANK YOU SO MUCH. THIS ITEM WAS CONTINUED LAST
00:03:16 WEEK BECAUSE OF SUBSTANTIVE AMENDMENTS.
00:03:20 WE DO HAVE STAFF ON STANDBY TO ANSWER ANY QUESTIONS BUT I
00:03:24 DON'T THINK THERE'S A PRESENTATION.
00:03:28 SO WITH THAT LET'S GO TO PUBLIC COMMENT ON THIS ITEM.
00:03:31 >> MR. CLERK THANK YOU, MADAM CHAIR.
00:03:32 LAND USE AND TRANSPORTATION WILL NOW HEAR PUBLIC COMMENT
00:03:35 RELATED TO AGENDA ITEM NUMBER ONE IF YOU HAVE PUBLIC COMMENT
00:03:38 FOR THIS ITEM PLEASE COME FORWARD TO THE LECTERN AT THIS
00:03:39 TIME. AND MADAM CHAIR, IT APPEARS WE
00:03:42 HAVE NO SPEAKERS FOR THIS ITEM. OKAY.
00:03:44 PUBLIC COMMENT ON THIS ITEM IS NOW CLOSED.
00:03:48 I WOULD LIKE TO MAKE A MOTION TO SEND THIS ITEM OUT OF
00:03:52 COMMITTEE TO THE FULL BOARD WITH A POSITIVE RECOMMENDATION
00:03:53 ON THE MOTION OFFERED BY THE CHAIR THAT THIS ORDINANCE BE
00:03:57 RECOMMENDED TO THE BOARD OF SUPERVISORS.
00:03:59 VICE CHAIR CHIN CHIN I REMEMBER MY POINT MAHMOOD I CHAIR MELGAR
00:04:03 I MELGAR I AND I'M SURE THERE ARE THREE EYES THANK YOU THAT
00:04:07 ITEM PASSES. LET'S GO TO ITEM NUMBER TWO
00:04:10 PLEASE. >> AGENDA ITEM NUMBER TWO IS AN
00:04:13 ORDINANCE AMENDING THE SAN FRANCISCO FIRE CODE TO PROHIBIT
00:04:15 THE SALE OFFER AND DELIVERY OF LITHIUM ION BATTERIES
00:04:17 AND REPLACEMENT LITHIUM ION BATTERIES THAT DO NOT MEET
00:04:21 SPECIFIED CERTIFICATION REQUIREMENTS TO ANY ADDRESS
00:04:24 WITHIN SAN FRANCISCO. ESTABLISH ENFORCEMENT PROCESSES
00:04:29 AND PENALTIES FOR VIOLATIONS. AUTHORIZE THE CITY ATTORNEY TO
00:04:32 SEEK INJUNCTIVE AND MONETARY RELIEF AND ATTORNEY'S FEES
00:04:36 AND AUTHORIZING THE FIRE DEPARTMENT TO IMPLEMENT THE
00:04:37 RESTRICTIONS THROUGH RULES, FORMS AND OTHER GUIDANCE.
00:04:40 >> THANK YOU SO MUCH SUPERVISOR MAHMOOD THANK YOU SO MUCH FOR
00:04:45 INTRODUCING THIS ITEM. >> THE VOICE THANK YOU.
00:04:48 >> CHAIR MELGAR AND FIRST I'D LIKE TO CALL UP CHIEF CHRISMAN
00:04:49 TO SHARE A FEW WORDS ABOUT THE LEGISLATION AND THEN I'LL SHARE
00:04:53 SOME OF MY REMARKS AS WELL. GOOD AFTERNOON MADAM CHAIR.
00:04:59 MEMBERS OF THE COMMITTEE DEAN CHRISMAN SAN FRANCISCO FIRE
00:05:03 CHIEF THANK YOU SUPERVISOR MAHMUD FOR PRESENTING THIS
00:05:06 LEGISLATION. THIS IS AN INCREASING PROBLEM
00:05:09 THE LITHIUM ION BATTERY FIRES THAT WE'RE HAVING IN SAN
00:05:11 FRANCISCO. I THINK PUNCTUATION MARK WAS
00:05:13 PLACED ON IT AT A FIRE THAT WE HAD IN MID-DECEMBER LAST YEAR
00:05:17 AT 50 GOLDEN GATE THAT DISPLACED OVER 130 RESIDENTS.
00:05:21 AND THE CHALLENGE WITH THESE TYPES OF FIRES IS THEY GET A
00:05:25 REALLY BIG HEAD START ON US. SO THAT PARTICULAR FIRE STATION
00:05:28 ONE ARRIVED ON THE SCENE WITHIN THREE MINUTES AND BY THE TIME
00:05:32 THEY ARRIVED THE FIRE HAD ALREADY EXITED THE FIRE ROOM,
00:05:35 ENTERED THE HALLWAY, ENTERED THE WALL SPACE AND WAS IN THE
00:05:39 ATTIC. SO WE WERE CHASING IT FROM THE
00:05:40 MOMENT THAT WE ARRIVED OUR MEMBERS DID A FANTASTIC JOB.
00:05:43 THEY STOPPED THE FIRE FROM EXTENDING TO THE GOLDEN GATE
00:05:46 THEATER AND THE ADJACENT STRUCTURE.
00:05:47 BUT THE ISSUE WITH THESE NON CERTIFIED BATTERIES IS THAT
00:05:50 THEY CONTINUE TO CHARGE EVEN IF THE BATTERY IS COMPLETELY FULL.
00:05:54 SO THAT CAUSES HEAT AND HEATS THE BATTERY AND A PHENOMENON
00:05:58 CALLED THERMAL RUNAWAY OCCURS WHERE ALL THE CELLS IGNITE
00:06:02 AND CAUSE A SIGNIFICANT FIRE IMMEDIATELY AND AN INCREDIBLE
00:06:06 AMOUNT OF TOXIC GAS IS BEING EMITTED SO AND A LOT OF THESE
00:06:09 HAPPEN IN OUR MOST VULNERABLE COMMUNITIES, PARTICULARLY
00:06:13 IN THE TENDERLOIN. SO WE'RE REALLY CONCERNED.
00:06:14 WE HAVE RECORDED OVER 120 FIRES OF THIS TYPE OVER THE LAST FIVE
00:06:19 YEARS AND THIS LEGISLATION WOULD GIVE THE LAWS SOME TEETH
00:06:22 SO THAT WE CAN ENFORCE AND STOP THESE.
00:06:23 WE ARE FULLY IN SUPPORT. MICROMOBILITY DEVICES E-BIKES
00:06:27 AND SCOOTERS BUT ONLY THOSE THAT ARE THAT ARE CERTIFIED
00:06:31 AND SAFE. SO I'M HAPPY TO ANSWER ANY
00:06:34 QUESTIONS IF ANY OF THE COMMITTEE MEMBERS HAVE THEM.
00:06:37 THANK YOU, CHIEF. I'LL SEE SOME COMMENTS AS WELL
00:06:39 AS TO WHY MY OFFICE INTRODUCED THIS LEGISLATION.
00:06:46 BUT A LOT OF IT WAS PROMPTED BY THE FIRE THAT CHIEF MENTIONED
00:06:49 50 GOLDEN GATE. AND WE'RE BRINGING THIS FORWARD
00:06:50 BECAUSE WE DO BELIEVE THAT PROHIBITING THE SALE OFFER
00:06:53 AND DELIVERY OF UNCERTIFIED LITHIUM ION BATTERIES
00:06:57 AND POWERED MOBILITY DEVICES IS ABOUT PREVENTING DISASTERS
00:07:00 BEFORE THEY HAPPEN LITHIUM ION BATTERIES.
00:07:04 FIRES ARE GROWING PUBLIC SAFETY THREAT ACROSS OUR CITY AS THE
00:07:08 CHIEF MENTIONED THEY BURN HOTTER, SPREAD FASTER AND ARE
00:07:12 SIGNIFICANTLY MORE DIFFICULT TO EXTINGUISH AT 50 GOLDEN GATE
00:07:18 130 RESIDENTS REQUIRE SIGNIFICANT EMERGENCY RESPONSE.
00:07:22 AND IT HIGHLIGHTED HOW QUICKLY THESE FIRES CAN ESCALATE.
00:07:26 AND UNFORTUNATELY THESE INCIDENTS ARE NOT ISOLATED.
00:07:30 OVER THE LAST SEVERAL YEARS THERE HAS BEEN OVER 120 LITHIUM
00:07:33 ION BATTERY RELATED INCIDENTS AND MANY OF THESE FIRES HAVE
00:07:37 OCCURRED IN AND AROUND DISTRICT FIVE, PARTICULARLY
00:07:39 IN NEIGHBORHOODS LIKE THE TENDERLOIN BECAUSE THE REALITY
00:07:41 IS SIMPLE. ONE UNSAFE BATTERY CAN DISPLACE
00:07:44 AN ENTIRE BUILDING OF PEOPLE ACCORDING TO THE FIRE
00:07:48 DEPARTMENT. MANY OF THESE INCIDENTS
00:07:49 ORIGINATE FROM UNCERTIFIED REPLACEMENT BATTERIES IN TIBET
00:07:53 E-BIKES SCOOTERS AND OTHER POWERED MOBILITY DEVICES.
00:07:56 THESE PRODUCTS ARE OFTEN PURCHASED ONLINE, BROUGHT INTO
00:07:59 HOMES AND CHARGED IN SMALL LIVING SPACES WHERE A
00:08:03 MALFUNCTION CAN HAVE THE CATASTROPHIC CONSEQUENCES.
00:08:04 THE CHIEF DESCRIBED. THIS LEGISLATION, WE BELIEVE IS
00:08:07 A COMMONSENSE APPROACH THAT WOULD PROHIBIT THE SALE OFFER
00:08:11 DELIVERY OF POWERED MOBILITY DEVICES AND REPLACEMENT LITHIUM
00:08:15 ION BATTERIES THAT ARE NOT CERTIFIED TO NATIONALLY
00:08:18 RECOGNIZED YOUR SAFETY STANDARDS.
00:08:19 IT WOULD REQUIRE PROPER CERTIFICATION LABELING FROM
00:08:22 RECOGNIZED TESTING LABORATORIES, AUTHORIZED
00:08:23 ENFORCEMENT BY THE SAN FRANCISCO FIRE DEPARTMENT
00:08:27 AND ESTABLISH PENALTIES FOR VIOLATIONS TO ENSURE
00:08:30 COMPLIANCE. I WANT TO NOTE THIS LEGISLATION
00:08:31 IS NOT ABOUT LIMITING ACCESS TO TECHNOLOGY.
00:08:35 IT IS ABOUT ENSURING THAT THE PRODUCTS THAT ARE BEING SOLD
00:08:38 IN SAN FRANCISCO MEET BASIC SAFETY STANDARDS.
00:08:39 I'LL ALSO BE TODAY INTRODUCING A MINOR AMENDMENT REQUESTED BY
00:08:43 THE SMALL BUSINESS COMMISSION TO RECOGNIZE IN 15194 AN
00:08:46 INTERNATIONALLY RECOGNIZED SAFETY STANDARD FOR E-BIKES
00:08:50 AND RELATED MOBILITY DEVICES. THIS AMENDMENT BROADENS
00:08:53 COMPLIANCE PATHWAYS WHILE MAINTAINING THE BILL'S CORE
00:08:54 OBJECTIVE ENSURING THAT BATTERIES SOLD IN SAN FRANCISCO
00:08:58 MEET RIGOROUS INDEPENDENTLY VERIFIED SAFETY STANDARDS.
00:09:01 BECAUSE SAFETY REMAINS THE STANDARD AND THAT IS UNCHANGED
00:09:05 BY THIS AMENDMENT. THIS AMENDMENT CAN BE FOUND ON
00:09:09 PAGE THREE, LINE FIVE AND DEPUTY CITY ATTORNEY BRAD
00:09:10 ROSSI HAS CONFIRMED THAT THIS AMENDMENT IS NON SUBSTANTIVE.
00:09:13 >> I ALSO WANT TO ADDRESS THE QUESTION OF COST AND ACCESS
00:09:17 PARTICULARLY FOR RESIDENTS AND COMMUNITIES WHO RELY ON
00:09:20 THESE DEVICES AS EVERYDAY TRANSPORTATION.
00:09:23 >> THE TRUTH IS THAT UNCERTIFIED BATTERIES ARE NOT A
00:09:25 BARGAIN. THEY ARE A HIDDEN COST BEING
00:09:28 BORN DISPROPORTIONATELY BY THE VERY COMMUNITIES LEAST ABLE TO
00:09:32 ABSORB IT. WHEN AN UNSAFE BATTERY IGNITES
00:09:35 IN AN SRO OR A DENSE RESIDENTIAL BUILDING IN THE
00:09:37 TENDERLOIN, IT'S NOT A WEALTHY NEIGHBORHOOD THAT LOSES
00:09:40 HOUSING. IT'S WORKING FAMILIES, SENIORS
00:09:43 AND LOW INCOME RESIDENTS WHO FACE DISPLACEMENT LOSS OF
00:09:47 BELONGINGS AND DISRUPTION TO THEIR LIVES.
00:09:48 WE SHOULD BE CLEAR ABOUT WHAT THAT COST DIFFERENCE ACTUALLY
00:09:52 REPRESENTS. IT'S THE PRICE OF CUTTING
00:09:55 CORNERS ON SAFETY AND IT IS OUR MOST VULNERABLE RESIDENTS WHO
00:09:57 PAY THE REAL PRICE. >> THAT'S WHY I'M ALSO GRATEFUL
00:09:59 THAT THE SAN FRANCISCO FIRE DEPARTMENT'S COMMITMENT TO
00:10:03 COMMUNITY OUTREACH AND EDUCATION PARTICULARLY
00:10:04 IN NEIGHBORHOODS THAT ARE MOST OFTEN AFFECTED BY THESE
00:10:07 INCIDENTS BECAUSE ENFORCEMENT ALONE IS NOT ENOUGH.
00:10:10 RESIDENTS DESERVE TO UNDERSTAND THESE RISKS AND ASSESS PD AS A
00:10:14 FIRE DEPARTMENT'S WORK TO REACH THOSE COMMUNITIES DIRECTLY
00:10:15 IN AN ESSENTIAL PART OF MAKING THIS LEGISLATION WORK
00:10:19 IN PRACTICE. RESIDENTS SHOULD NOT HAVE TO
00:10:22 WONDER WHETHER A BATTERY THEY PURCHASED COULD IGNITE IN THEIR
00:10:24 APARTMENT. THEY SHOULD BE ABLE TO TRUST
00:10:27 THE PRODUCTS SOLD IN OUR CITY HAVE BEEN INDEPENDENTLY TESTED
00:10:29 AND CERTIFIED AS SAFE. SAFE BATTERIES SHOULD BE THE
00:10:31 STANDARD AND NOT THE EXCEPTION AND WE SHOULD NOT WAIT FOR
00:10:34 ANOTHER BUILDING TO BURN BEFORE TAKING ACTION.
00:10:37 >> THIS PROPOSAL COMPLEMENTS EXISTING FIRE SAFETY
00:10:38 PROTECTIONS BY ADDRESSING ONE OF THE MOST PREVENTABLE CAUSES
00:10:43 OF THESE INCIDENTS UNSAFE AND UNCERTIFIED BATTERIES FROM
00:10:46 ENTERING THE MARKETPLACE TO BEGIN WITH.
00:10:49 BY ENSURING THAT ONLY CERTIFIED BATTERIES ARE SOLD IN SAN
00:10:51 FRANCISCO, WE REDUCE THE RISK OF CATASTROPHIC FIRES.
00:10:54 PROTECT TENANTS FROM DISPLACEMENT.
00:10:58 SAFEGUARD FIRST RESPONDERS AND IMPROVE PUBLIC SAFETY
00:10:59 CITYWIDE. I WANT TO THANK OUR DRAFTKINGS
00:11:03 DEPUTY CITY ATTORNEYS HUGO CABRERA AND SARA FABIAN FOR
00:11:06 THEIR THOUGHTFUL COLLABORATION AND WORK ON THIS LEGISLATION.
00:11:10 I ALSO WANT TO THANK OU PARTNERS AT THE SAN FRANCISCO
00:11:11 FIRE DEPARTMENT FOR THEIR LEADERSHIP AND EXPERTISE
00:11:14 INCLUDING CHIEF CRISPIN FIRE MARSHAL LAW ASSISTANT FIRE
00:11:17 MARSHAL GOWER AND ADRIAN SIMS AND OUR PARTNERS AT LOCAL 798
00:11:21 AND ESPECIALLY UNION PRESIDENT SAM GABLER.
00:11:25 >> THEIR INSIGHT INTO HOW THESE FIRES START, HOW THEY SPREAD
00:11:26 AND HOW THEY IMPACT BOTH RESIDENTS AND FIREFIGHTERS WAS
00:11:29 INSTRUMENTAL IN DEVELOPING A POLICY THAT IS PRACTICAL,
00:11:33 TARGETED AND ENFORCEABLE. I ALSO WANT TO THANK MY CHIEF
00:11:37 OF STAFF SAM LOGAN FOR HER DILIGENCE ON THIS ISSUE AND FOR
00:11:40 HELPING SHAPE THIS LEGISLATION FROM ITS INCEPTION.
00:11:41 AND AT THE END OF THE DAY THIS IS A STRAIGHTFORWARD PUBLIC
00:11:45 SAFETY MEASURE AND IF WE KNOW WHAT IS CAUSING THESE FIRES, WE
00:11:48 KNOW HOW TO REDUCE THE RISK, THEN WE HAVE A RESPONSIBILITY
00:11:51 TO ACT. THIS LEGISLATION HELPS PREVENT
00:11:52 DISPLACEMENT, PROTECTS RESIDENTS, SUPPORTS FIRST
00:11:56 RESPONDERS AND ADDRESSES A GROWING FAIR FIRE SAFETY THREAT
00:12:00 BEFORE ANOTHER FAMILY WILL LOSE THEIR HOME.
00:12:01 RESPECTFULLY ASK FOR YOUR SUPPORT COLLEAGUES AND LOOK
00:12:04 FORWARD TO WORKING WITH ALL OF YOU TO ADVANCE THIS IMPORTANT
00:12:06 LEGISLATION AND RESOLUTION. AS A COMMENT SUPERVISOR TEN
00:12:14 THANK YOU CHAIR MALKA AND THANK YOU SUPERVISOR MAHMUD FOR
00:12:18 MOVING THIS FOR TALKING ABOUT FIRE.
00:12:19 >> I'M ALSO VERY SENSITIVE FOR FIRE SAFETY AND IT'S CONCERNING
00:12:23 THAT BATTERIES THAT DO NOT MEET MINIMUM HEALTH AND SAFETY
00:12:28 STANDARDS ARE READILY AVAILABLE THROUGH LOCAL RETAILERS.
00:12:31 I KNOW THAT CERTIFIED BATTERY RETAIL AS SUPERVISOR MEMO
00:12:35 ADDRESSED IT IS A HIGHER PRICE WHICH CAN BE A HARDSHIP FOR
00:12:39 CONSUMERS WHO RELY ON ELECTRIC BUYS AND SCOOTER.
00:12:42 BUT I THINK THIS LEGISLATION TAKES A RIGHT APPROACH NOT
00:12:46 PENALIZING CONSUMERS BUT ESTABLISHING TOOLS TO HOLD
00:12:50 ONLINE RETAILERS ACCOUNTABLE. SO I APPRECIATE THAT.
00:12:53 AND I ALSO WOULD LIKE TO ADD MYSELF AS A CO-SPONSOR AND TO
00:12:57 SUPPORT THIS. >> THANK YOU.
00:12:58 THANK YOU. THE RESOLUTION.
00:13:00 >> THANK YOU SO MUCH. I WILL SAY ALSO AS SOMEBODY WHO
00:13:05 HAS A SWEET LITTLE ELECTRIC ITALIAN BIKE, I VERY MUCH
00:13:09 APPRECIATE THE AMENDMENT THAT YOU'RE PUTTING FORWARD TODAY.
00:13:13 AND AFTER WE MAKE THE AMENDMENT I WILL CO-SPONSOR.
00:13:17 I THANK YOU SO MUCH FOR ALL THE WORK THAT YOU PUT INTO THIS.
00:13:21 WE DID HAVE A COUPLE OF FIRES AT PARTNER SIDE AND I THINK
00:13:28 THAT THIS IS REALLY, REALLY IMPORTANT TO KEEP THE COMMUNITY
00:13:29 SAFE WHILE ALSO SUPPORTING THE ADOPTION OF MICROWAVABLE
00:13:35 DEVICES THAT WILL HELP US REDUCE OUR GREENHOUSE GAS
00:13:37 EMISSIONS. SO THANK YOU, CHIEF, FOR ALL
00:13:40 THE WORK YOU'VE DONE ON THIS AS WELL.
00:13:41 AND WITH THAT, LET'S GO TO PUBLIC COMMENT ON THIS ITEM.
00:13:43 >> THANK YOU. THANK YOU, MADAM CHAIR.
00:13:47 LAND USE AND TRANSPORTATION WILL NOW HEAR PUBLIC COMMENT
00:13:48 RELATED TO AGENDA ITEM NUMBER TWO.
00:13:49 IF YOU HAVE PUBLIC COMMENT FOR THIS ITEM PLEASE COME FORWARD
00:13:52 TO THE LECTERN AT THIS TIME. >> GOOD AFTERNOON CHAIR MELGAR
00:13:55 OTHER MEMBERS. THANK YOU.
00:13:58 SUPERVISOR MAHMOOD FOR AUTHORING THIS LEGISLATION.
00:14:00 GOOD AFTERNOON. MY NAME IS JOEL KOPPEL
00:14:02 REPRESENTING THE SAN FRANCISCO ELECTRICAL CONTRACTORS
00:14:05 ASSOCIATION. OUR CONTRACTORS WERE CLOSELY
00:14:10 WITH THE FIRE DEPARTMENT BUILDING OWNERS, INSPECTORS
00:14:14 AND DESIGN PROFESSIONALS THROUGHOUT SAN FRANCISCO.
00:14:15 REGARDLESS OF TECHNOLOGY INVOLVED, OUR INDUSTRY'S
00:14:18 PRIMARY CONCERN IS ALWAYS LIFE SAFETY.
00:14:19 >> AS BATTERY ENERGY STORAGE SYSTEMS BECOME MORE COMMON
00:14:23 INSTALLATIONS STANDARDS PERMITTING REQUIREMENTS
00:14:27 AND FIRE SAFETY PROTECT PROTECTIONS MUST KEEP PACE.
00:14:30 CLEAR REGULATIONS HELP PROTECT BUILDING OCCUPANTS FIRST
00:14:34 RESPONDERS PROPERTY OWNERS AND THE PUBLIC.
00:14:38 WE APPRECIATE THE FIRE DEPARTMENT'S LEADERSHIP ON THIS
00:14:41 ISSUE AND SUPPORT EFFORTS TO ENSURE THESE SYSTEMS ARE
00:14:42 INSTALLED, INSPECTED AND MAINTAINED SAFELY
00:14:45 AND RESPONSIBLY. THIS ESPECIALLY COMES INTO PLAY
00:14:49 WHEN WE HAVE DENSELY PACKED BUILDINGS LIKE WE OFTEN DO HERE
00:14:53 ALSO INCLUDING DWELLING UNITS WHERE PEOPLE WHEN ASLEEP
00:14:57 SOMETIMES DON'T KNOW THERE'S A FIRE LIFE SAFETY SYSTEMS
00:15:00 IN GENERAL AND ELECTRICAL WORK IN GENERAL AS LONG AS FIRST
00:15:05 RESPONDER AND FIREFIGHTER SAFETY IS ALWAYS A SHORTCUT WE
00:15:09 CAN NEVER TAKE. FOR THOSE REASONS WE
00:15:10 RESPECTFULLY SUPPORT THIS LEGISLATION.
00:15:13 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
00:15:16 DO WE HAVE ANYONE ELSE WHO HAS PUBLIC COMMENT FOR AGENDA ITEM
00:15:18 NUMBER TWO? >> MADAM CHAIR, PUBLIC COMMENT
00:15:19 IS NOW CLOSED. >> SUPERVISOR MAHMUD.
00:15:23 THANK YOU YOUR MOTHER AND THANK YOU FOR THOSE PUBLIC COMMENT
00:15:27 AND TO OUR FIRE DEPARTMENT AS WELL.
00:15:28 THANK YOU SUPERVISOR CHEN AND SUPERVISOR MELGAR.
00:15:31 >> MOTHER FOR YOUR SUPPORT. I'D LIKE TO MAKE A MOTION TO
00:15:34 MOVE THE AMENDMENTS AS READ INTO THE RECORD AND DISTRIBUTED
00:15:36 FIRST AND THEN A SECOND MOTION TO SEND THE ITEM TO THE FULL
00:15:38 BOARD WITH A POSITIVE RECOMMENDATION.
00:15:41 >> TWO MOTIONS BOTH OFFERED BY SUPERVISOR WITH THE FIRST TO
00:15:45 AMEND THE ORDINANCE AND THE SECOND A MOTION THAT THE
00:15:48 ORDINANCE BE RECOMMENDED AS AMENDED ON THOSE MOTIONS.
00:15:50 VICE-CHAIR CHEN CHEN. I REMEMBER MAHMOOD I MAHMOOD I
00:15:53 CHAIR MELGAR HI MELGAR I'M SURE THERE ARE THREE EYES ON EACH
00:15:57 MOTION. >> THANK YOU AND IF I COULD
00:16:00 PLEASE BE ADDED TO THE AMENDED MOTION THAT PASSED AS A
00:16:04 CO-SPONSOR I'D APPRECIATE IT. THANK YOU.
00:16:07 >> OKAY. SO BEFORE WE GO ON TO THE NEXT
00:16:11 ITEM I DO WANT TO MAKE THE ANNOUNCEMENT AGAIN BECAUSE I
00:16:16 MESSED UP AT THE BEGINNING I SAID WE WERE CONTINUING ITEMS
00:16:19 AT FOUR AND FIVE AND IT'S ACTUALLY FIVE AND SIX SO I DO
00:16:22 INTEND TO MAKE A MOTION TO CONTINUE ITEMS FIVE AND SIX TO
00:16:28 THE CALL OF THE CHAIR. >> SO IF YOU ARE HERE FOR THOSE
00:16:33 ITEMS OF COURSE YOU ARE WELCOME TO STAY AND PROVIDE PUBLIC
00:16:34 COMMENT BECAUSE IT IS ON THE AGENDA BUT WE WILL NOT BE
00:16:38 VOTING ON THOSE ITEMS. WE WILL BE CONTINUING IT TO THE
00:16:41 CALL OF THE CHAIR AND AT THE NEXT OR AT LEAST ITEM NUMBER
00:16:47 FOUR WILL BE LENGTHY SO JUST BE MINDFUL OF THE TIME.
00:16:48 >> SO WITH THAT LET'S GO ON TO THE NEXT ITEM PLEASE MR. CLERK.
00:16:52 >> AGENDA ITEM NUMBER THREE IS AN ORDINANCE AMENDING THE
00:16:55 PLANNING CODE TO ALLOW MODIFICATION AND REVOCATION OF
00:16:59 CERTAIN CONDITIONS OF APPROVAL FOR NONRESIDENTIAL USES
00:17:02 ADMINISTRATIVELY WHERE THE APPLICABLE ZONING NO LONGER
00:17:06 REQUIRES A CONDITIONAL USE AUTHORIZATION SUBJECT TO
00:17:09 PLANNING COMMISSION DELEGATION CLARIFY WHERE ENLARGEMENT OR
00:17:11 INTENSIFY CREATION OF A NON CONFORMING USE DOES NOT REQUIRE
00:17:15 A NEW CONDITIONAL USE AUTHORIZATION AND DELEGATE
00:17:18 LIMITED AUTHORITY TO THE PLANNING DIRECTOR OR TO
00:17:22 ADMINISTRATIVELY APPROVE REQUESTS TO MODIFY CERTAIN
00:17:23 CONDITIONS OF APPROVAL IMPOSED THROUGH A CONDITIONAL USE
00:17:27 AUTHORIZATION. THE ORDINANCE AFFIRMS THE
00:17:30 PLANNING DEPARTMENT SECRET DETERMINATION AND MAKES OTHER
00:17:31 FINDINGS. >> OKAY.
00:17:34 THANK YOU, MR. CLERK. WE HAVE A REQUEST FROM THE
00:17:38 PLANNING DEPARTMENT TO CONTINUE THIS ITEM FOR ONE WEEK.
00:17:41 IS THERE ANYTHING ELSE YOU WOULD LIKE TO SAY ABOUT IT?
00:17:43 MS. GLADSTEIN IF WE MAY CONTINUE IT TO THE CALL OF THE
00:17:46 CHAIR JUST TO ENSURE THAT WE HAVE TIME TO WORK THROUGH ANY
00:17:49 POTENTIAL AMENDMENTS. WE DO HAVE TO CONTINUE AGAIN.
00:17:52 >> OKAY THAT DOES HAPPEN. NOTICING REQUIREMENTS NO.
00:17:56 OKAY. SO WE'LL JUST CONTINUE TO HAVE
00:17:58 A CALL OVER THE CHAIR IF THAT'S OKAY WITH YOU.
00:18:00 SUPERVISOR MAHMOOD YEAH. OKAY.
00:18:01 THANK YOU. SO LET'S TAKE PUBLIC COMMENT ON
00:18:04 THIS ITEM THEN. THANK YOU.
00:18:05 THANK YOU. MS. GLUCKSTEIN LAND USE
00:18:08 AND TRANSPORTATION WHEN NOW HEAR PUBLIC COMMENT RELATED TO
00:18:09 AGENDA ITEM NUMBER THREE IF YOU HAVE PUBLIC COMMENT FOR THIS
00:18:13 ITEM PLEASE COME FORWARD TO THE LECTERN AT THIS TIME AND MADAM
00:18:16 CHAIR TO PRESERVE THOSE SPEAKERS FOR THE SAKE OF PUBLIC
00:18:19 COMMENT ON THIS ITEM IS NOW CLOSED.
00:18:20 I WOULD LIKE TO MAKE A MOTION THAT WE CONTINUE THIS ITEM TO
00:18:25 THE CALL OF THE CHAIR ON THE MOTION OFFERED BY THE CHAIR
00:18:28 THAT THIS ORDINANCE BE CONTINUED TO THE CALL.
00:18:29 THE CHAIR VICE CHAIR CHIN CHIN I MEMBER MARCHMAN MAHMUD ARCHER
00:18:35 MELGAR HI MELGAR I MADAM CHAIR THERE ARE THREE EYES THANK YOU
00:18:40 SO MUCH THAT PASSES OKAY NOW AT TWO ITEM NUMBER FOUR WHY DON'T
00:18:46 YOU CALL THAT MR. CLERK AGENDA ITEM NUMBER FOUR IS A HEARING
00:18:50 ON STRATEGIES TO ADDRESS SAN FRANCISCO'S UNFUNDED AFFORDABLE
00:18:54 HOUSING MANDATE INCLUDING ASSESSMENT OF THE MID-CYCLE
00:18:57 PROGRESS AND MEETING THE 2031 REGIONAL HOUSING NEEDS
00:19:01 ASSESSMENT REQUIREMENTS FOR BELOW MARKET RATE HOMES
00:19:02 AFFORDABLE TO THE LOCAL WORKFORCE FROM THE LOWEST
00:19:05 INCOME WORKERS TO MIDDLE INCOME HOUSEHOLDS.
00:19:06 THE IMPACT AND FORECAST CREATED BY THE REMOVAL OF IMPACT FEES
00:19:10 AND INCLUSIONARY REQUIREMENT THAT HAVE BEEN USED TO SUPPORT
00:19:14 THE DEVELOPMENT OF AFFORDABLE HOUSING THE EFFICACY OF THE
00:19:18 CITY'S RELIANCE ON ONE TIME FUNDS OR FUNDS TIED TO MARKET
00:19:22 CONDITIONS VERSUS OTHER POSSIBLE REVENUE STRATEGIES.
00:19:23 THE AVAILABILITY EXCUSE ME THE ABILITY OF CITY STRATEGIES TO
00:19:29 MEET THE GAPS IN THE CITY'S AFFORDABLE HOUSING DELIVERY
00:19:30 SYSTEM TO MEET THE UNIQUE NEEDS OF PARTICULARLY VULNERABLE
00:19:34 COMMUNITIES AND NEIGHBORHOODS AND STRATEGIES AND THE ACTIONS
00:19:37 THAT ARE REQUIRED TO ACCELERATE PUBLIC INVESTMENTS THAT ARE AT
00:19:41 SCALE COUNTERCYCLICAL AND NOT ONE TIME INFUSIONS BY SPECIAL
00:19:47 PRIOR ARRANGEMENTS. THE OFFICE OF THE CLERK OF THE
00:19:49 BOARD OF SUPERVISORS HAS COORDINATED CONSECUTIVE
00:19:51 INTERPRETATION SERVICES FOR SPEAKERS OF CHINESE, FILIPINO
00:19:56 AND SPANISH AND IF YOU WOULD NOT MIND MADAM CHAIR, I'D LIKE
00:19:59 TO INVITE INTERPRETERS TO COME FORWARD AND TO ANNOUNCE THEIR
00:20:03 PRESENCE HERE AND THEIR SERVICES ON MICROPHONE PLEASE
00:20:06 GET HARVEY THAI ANABEL GARAY AND DENNIS CASTRO FORWARD TO
00:20:11 THE LECTERN REAL QUICK TO PROVIDE AN INTRODUCTION TO YOUR
00:20:15 SERVICES HERE FOR THOSE WHO MAY NEED THEM RIGHT NOW WE WHEN I
00:20:22 STARTED THIS A EL MONTE CPA, THE SAN FRANCISCO WRAP REPORT
00:20:27 YOU'RE NOT VERY SURE THE INTERPRETATIONAL ESPANOL PARA
00:20:31 LA COMPETITION GIVEN AT THE NURSERY IN LA
00:21:57 ,I THANK YOU OKAY OKAY VICE CHAIR CHAN, THANK YOU SO MUCH
00:22:02 FOR CALLING THIS MEETING THIS HEARING HOUSING IS OUR MOST
00:22:06 CRITICAL ISSUE IN SAN FRANCISCO.
00:22:09 I'M LOOKING FORWARD TO A VERY ROBUST SET OF PRESENTATIONS
00:22:13 AND DISCUSSIONS SO THAT WE CAN CONSIDER ALL TOOLS AND ALL OF
00:22:17 THE THINGS THAT WE NEED TO DO FOR THIS VERY COMPLICATED
00:22:21 ISSUE. THANK YOU.
00:22:21 IT'S YOURS. THE FLOOR IS YOURS.
00:22:24 >> THANK THANK YOU, CHAIR MALKIA GOOD AFTERNOON
00:22:28 COLLEAGUES. >> FIRST I WANT TO THANK
00:22:29 CHAIRMAN MALAGA FOR SCHEDULING THIS HEARING AND THANK YOU TO
00:22:33 SUPERVISOR MAHMUD FOR YOUR CO-SPONSORSHIP.
00:22:37 I REQUESTED THIS HEARING IN ORDER TO PROVIDE A FORUM FOR
00:22:41 THE BUDGET AND LEGISLATIVE AND ANALYSTS TO PRESENT
00:22:42 FINDINGS FROM REPORT THEY PREPARED AT MY REQUEST I ASKED
00:22:46 TO BE ABLE TO CONDUCT AN INDEPENDENT ANALYSIS
00:22:49 IN FEBRUARY OF THIS YEAR BECAUSE IT WAS CLEAR TO ME THAT
00:22:52 THE CITY HAD BEEN MARCHING FULL SPEED AHEAD WITHOUT A
00:22:57 COORDINATED STRATEGY TO FUND OUR AFFORDABLE HOUSING GOALS.
00:23:01 >> THE REPORT THAT THE BE A PREPARED IT IS THOROUGHLY
00:23:04 RESEARCH EXTREMELY INFORMATIVE AND REALLY PUSH THE NEEDLE
00:23:08 FORWARD ON AFFORDABLE HOUSING FUNDING SOLUTIONS.
00:23:12 HOUSING AFFORDABILITY IS CONSISTENT IN NAME AS ONE OF
00:23:16 THE CITY'S TOP CONCERNS WHICH DISPROPORTIONATELY AFFECTS LOW
00:23:20 AND MIDDLE INCOME RESIDENTS MANY OF WHOM MANY OF WHOM PLAY
00:23:24 ESSENTIAL ROLES IN SAN FRANCISCO ECONOMY WHY WE HAVE
00:23:27 AN AMBITIOUS SET OF GOALS THAT WE ADOPTED THROUGH OUR HOUSING
00:23:32 ELEMENTS PENUMBRA DATA FROM THE PLANNING DEPARTMENT HAS SHOWN
00:23:36 THAT PROGRESS IS VERY SLOW. WE ARE AT THE MIDDLE POINT OF
00:23:40 THE HOUSING ELEMENT CYCLE AND HAVE ONLY ACHIEVE ONCE YEAR
00:23:45 OF THE HALFWAY GOALS WE SET FOR OURSELF RELIANCE ON MARKET RATE
00:23:48 HOUSING IT'S INSUFFICIENT TO GET US TO THOSE GOALS AS WELL
00:23:53 AS REPORTED IN SAN FRANCISCO STANDARD A NEW STUDY CONCLUDED
00:23:56 THAT IT COULD TAKE BETWEEN 18 TO 124 YEARS FOR UNSUBSIDIZED
00:24:03 HOUSING PRODUCTION TO STABILIZE RENTS FOR THE MEDIUM WAGE
00:24:07 EARNER IN SAN FRANCISCO. >> WHAT'S NEEDED AS A ROBUST
00:24:11 SET OF STRATEGIES AND FUNDING APPROACHES THAT WILL BRING OUR
00:24:15 AFFORDABLE HOUSING PRODUCTION TO SCALE OVER THE COMING YEARS
00:24:18 ? I WOULD LIKE TO STRUCTURE THE
00:24:19 HEARING IN THE FOLLOWING WAYS FIRST, PLANNING WILL PROVIDE AN
00:24:23 OVERVIEW OF CITY'S PROGRESS IN ACHIEVING THE REMAINING
00:24:27 GOALS WITH PARTICULAR FOCUS ON AFFORDABLE HOUSING PRODUCTION.
00:24:30 SECOND MOST IT WILL PRESENT ON FUNDING DEVELOPMENT PROCESS
00:24:34 PEOPLE SERVE AND UNMET NEEDS. THIRD, WE WILL HAVE THE BUDGET
00:24:38 AND LEGISLATIVE ANALYST'S PRESENT DAY OVERVIEW OF OUR
00:24:42 AFFORDABLE HOUSING SYSTEM THEIR ANALYSIS ON FEES REDUCTION
00:24:45 EQUITY GAPS AND FINANCING STRATEGIES.
00:24:49 I HOPE THAT THE DEPARTMENTS ARE ABLE TO STAY THROUGHOUT ALL THE
00:24:53 PRESENTATIONS AND BE ABLE TO RESPOND TO QUESTIONS AS THEY
00:24:57 ARISE AND I WOULD ALSO LIKE TO APPRECIATE THE CLERK'S OFFICE
00:25:01 FOR THEIR SUPPORT IN PROVIDING INTERPRETATION FOR THIS HEARING
00:25:05 SUPPORTED BY SOME. WHAT DO YOU WANT TO SAY IF YOU
00:25:07 WANT BEFORE I CALL ON THE PLANNING DEPARTMENT TO PRESENT.
00:25:09 >> THANK YOU SUPERVISOR CHEN FOR CALLING THIS HEARING LIKE
00:25:13 SUPERVISOR CHEN SAID, I AGREE THAT SAN FRANCISCO IS AT A
00:25:17 PIVOTAL MOMENT FOR HOW WE MOVE FORWARD ON AFFORDABLE HOUSING.
00:25:20 THERE'S BROAD CONSENSUS THAT WE NEED TO ENCOURAGE MORE BUILDING
00:25:24 IN THIS CITY. THIS MEANS CUTTING RED TAPE,
00:25:27 STREAMLINING PROCESSES AND REMOVING NEIGHBORHOOD VETO
00:25:31 POINTS. ALL THINGS THE STATE
00:25:31 LEGISLATURE AND THIS BOARD HAVE TAKEN SIGNIFICANT STEPS FORWARD
00:25:35 ON. BUT I'M MORE INTERESTED TODAY
00:25:36 IN HOW WE RAISE FUNDING FOR BUILDING AFFORDABLE HOUSING
00:25:39 AND HOW THAT MONEY HELPS HOW SAN FRANCISCANS BECAUSE THIS IS
00:25:43 THE QUESTION THAT SHOULD BE DRIVING THE CONVERSATION.
00:25:47 ONE OF THE PRIMARY SELLING POINTS OF THE FAMILY ZONING
00:25:48 PLAN THAT WE PASSED LAST YEAR WAS THE ABILITY FOR PROJECTS TO
00:25:51 PAY A FEE TO COVER THEIR INCLUSIONARY HOUSING
00:25:55 REQUIREMENTS SOMETHING THE MAJOR STATE STREAMLINING
00:25:56 PROGRAMS DON'T OFFER IF WE DON'T HAVE FAITH THAT EMIRATES
00:26:00 CITY IS SPENDING THAT MONEY EFFECTIVELY THAT CAN THREATEN
00:26:03 THE POLITICAL VIABILITY OF THE PROGRAM.
00:26:06 AFFORDABLE HOUSING FINANCING IS MORE OF AN ART THAN A SCIENCE.
00:26:09 IT'S NOT SIMPLE TO FACTOR IN THE NEEDS OF NONPROFIT
00:26:11 DEVELOPMENT PARTNERS WITH SHIFTING STATE, FEDERAL
00:26:14 AND PRIVATE FUNDING LANDSCAPES WHEN MAKING DECISIONS ABOUT
00:26:17 WHICH PROJECTS TO GREENLIGHT BUT THAT DOESN'T MEAN THAT WE
00:26:21 AS DECISION MAKERS DON'T DESERVE FULL TRANSPARENCY
00:26:24 AND WHY SOME SITES ARE EARMARKED FOR AFFORDABLE
00:26:25 HOUSING WHILE SOME SIT UNUTILIZED.
00:26:28 I ALSO WANT US TO TALK ABOUT THE SCALE OF OUR AFFORDABLE
00:26:33 HOUSING INVESTMENT. WE ARE CLEARLY NOT BUILDING AT
00:26:36 A FAST ENOUGH RATE TO KEEP PACE WITH DEMAND AND MEET OUR GOALS
00:26:38 AS A CITY. I HOPE TODAY THAT WE LEARN HOW
00:26:41 MUCH MORE FUNDING WE NEED TO SECURE AFFORDABLE HOUSING TO
00:26:44 BRIDGE THAT GAP AND WHAT OUR PLAN IS TO GET THERE.
00:26:47 LOOK FORWARD TO HEARING FROM DEPARTMENTS ON THE PLAN TO
00:26:49 REACH OUR GOALS AND LOOKING FORWARD TO THE DISCUSSION TODAY
00:26:55 . THANK YOU AND THANK YOU AGAIN
00:26:58 VICE CHAIR CHAN AND SUPERVISOR MAHMOOD FOR THIS CONVERSATION.
00:27:03 AND AS I SAID AT THE BEGINNING I THINK HOUSING IS OUR MOST
00:27:07 IMPORTANT ISSUE IN SAN FRANCISCO WITHOUT A PLACE TO
00:27:11 LIVE. VERY FEW OF OUR OTHER PUBLIC
00:27:14 POLICY GOALS WILL TAKE PLACE. ECONOMIC DEVELOPMENT,
00:27:18 EDUCATION, TRANSPORTATION ANYTHING THAT WE ARE TRYING TO
00:27:20 DO TOGETHER WILL NOT WORK IF WE DON'T HAVE HOUSING FOR OUR
00:27:25 RESIDENTS. >> AND LAND USE DECISIONS
00:27:26 REALLY ARE ABOUT ACCESS TO RESOURCES.
00:27:31 OUR REGION SAN FRANCISCO REGION HAS ONE OF THE HIGHEST UPWARD
00:27:37 MOBILITY INDICES IN THE COUNTRY.
00:27:38 THERE'S A REASON WHY PEOPLE WANT TO BE HERE.
00:27:42 LIKE MY FAMILY SUPERVISOR CHAN'S FAMILY SUPERVISOR,
00:27:45 MAHMUD'S FAMILY ANYONE WITH AN IMMIGRANT BACKGROUND WHO CAME
00:27:49 TO THIS PLACE, THIS MAGICAL PLACE, THIS TOLERANT PLACE
00:27:53 SPECIFICALLY BECAUSE IT PROVIDES ACCESS FOR PEOPLE LIKE
00:27:57 ME FLEEING A WAR TORN COUNTRY WHERE WE COULD THRIVE AND HAVE
00:28:01 ACCESS TO OUR WONDERFUL EDUCATIONAL SYSTEM AND ALL THE
00:28:05 OPPORTUNITIES THAT ARE HERE. IT IS ABOUT ACCESS WITHOUT
00:28:09 AFFORDABLE HOUSING IT IS AN EMPTY PROMISE.
00:28:12 WE ARE ONLY FORCING OFF OUR EXTERNALITIES ONTO OTHER PLACES
00:28:17 AND LOSING THE FABRIC OF OTHERWISE VERY VIBRANT
00:28:21 COMMUNITIES. >> THAT BEING SAID, AS THE AS A
00:28:24 MEMBER OF THE METROPOLITAN TRANSPORTATION COMMISSION
00:28:29 AND THE BAY AREA HOUSING FINANCE AUTHORITY, I ALSO HAVE
00:28:30 TO ACKNOWLEDGE THAT THIS IS A REGIONAL PROMISE PROBLEM.
00:28:33 WE'RE NOT AT THIS ALONE. >> SAN FRANCISCO MUST DO WHAT
00:28:37 WE NEED TO DO. >> WE ARE BY FAR THE DRIVER OF
00:28:43 JOB CREATION IN THE REGION. AND ALSO LIKE I SAID, A MAGICAL
00:28:47 PLACE OF TOLERANCE AND OPPORTUNITY.
00:28:48 BUT WE ARE IN THE BAY AREA IN WHAT PALO ALTO DOES WHAT
00:28:51 OAKLAND DOES, WHAT MARIN DOES ABSOLUTELY AFFECTS THE CALCULUS
00:28:59 FOR US. SO WE HAVE TO WORK TOGETHER
00:29:00 AND ALSO HOLD UP OUR END OF THE BARGAIN.
00:29:03 SO AGAIN THANK YOU SUPERVISOR CHEN FOR THIS.
00:29:07 I DO LOOK FORWARD TO OUR ROBUST CONVERSATION.
00:29:10 AND I ALSO WANT US TO LOOK AT, YOU KNOW, EVERYTHING THAT WE
00:29:12 CAN DO GOING FORWARD BUT ALSO ACKNOWLEDGE THE PAST BECAUSE
00:29:15 THIS DIDN'T JUST HAPPEN RIGHT NOW.
00:29:18 >> THIS IS A RESULT OF DECADES OF LAND USE PLANNING DECISIONS
00:29:22 OF TAXING POLICY OF RACIAL RESIDENTIAL SEGREGATION WHICH
00:29:27 NEEDS TO BE RECTIFIED IN ORDER FOR US TO MOVE FORWARD.
00:29:30 SO AGAIN, THANK YOU AND I LOOK FORWARD TO A ROBUST DISCUSSION
00:29:37 . >> THANK YOU, CHAIR MAO GOD
00:29:38 THANK YOU SUPERVISOR MAHMOOD NOW I WOULD LIKE TO INVITE LISA
00:29:41 CHEN FROM PLANNING DEPARTMENT TO PRESENT.
00:29:48 >> GOOD AFTERNOON, CHAIRMAN GEIER, MEMBERS OF THE COMMITTEE
00:29:53 AND LISA CHEN WITH THE PLANNING DEPARTMENT.
00:29:56 WE'RE ALSO JOINED BY RACHEL TANNER FROM THE PLANNING
00:29:57 DEPARTMENT AS WELL AS JACOB BENTLEY FROM OPW TO ANSWER
00:30:00 QUESTIONS. IF I COULD GET THE SLIDES.
00:30:01 THANK YOU. SO TODAY'S INFORMATIONAL
00:30:04 HEARING WILL PROVIDE AN UPDATE ON SAN FRANCISCO'S PROGRESS
00:30:08 TOWARD MEETING OUR RINA GOALS WITH A FOCUS ON AFFORDABLE
00:30:11 HOUSING PRODUCTION. WE'LL DISCUSS THE CITY'S
00:30:13 PERFORMANCE TO DATE THE FUNDING AND FEASIBILITY CHALLENGES
00:30:16 AFFECTING HOUSING PRODUCTION AND KEY ACTIONS THAT MAY
00:30:19 IMPROVE OUR ABILITY TO MEET OUR HOUSING GOALS.
00:30:22 >> TO GROUND OUR DISCUSSION, WE'LL START WITH THE SAN
00:30:24 FRANCISCO WITH SAN FRANCISCO'S HOUSING OBLIGATIONS UNDER THE
00:30:28 REGIONAL HOUSING NEEDS ALLOCATION OR RINA WITH THE
00:30:32 ADOPTION OF THE FAMILY ZONING PLAN SAN FRANCISCO FULFILLED
00:30:35 ITS STATE OBLIGATION TO PROVIDE ZONING CAPACITY FOR MORE THAN
00:30:38 36,000 ADDITIONAL UNITS. WE ALSO MET OUR AFFIRMATIVELY
00:30:42 FURTHERING FAIR HOUSING GOALS BY LOCATING THE REZONING ALMOST
00:30:45 ENTIRELY WITHIN HIGH OPPORTUNITY AREAS AND WE
00:30:46 EXCEEDED OUR REQUIREMENT TO DESIGNATE SITES SUITABLE FOR
00:30:50 THE LOW AND VERY LOW INCOME PORTIONS OF OUR ARENA MAKING
00:30:53 QUALIFYING PROJECTS ELIGIBLE FOR MINISTERIAL REVIEW.
00:30:56 THERE ARE OFTEN MISCONCEPTIONS ABOUT WHAT THE RINA TARGETS
00:31:01 MEAN AND HOW THEY'RE DEVELOPED AND ASSIGNED TO CITIES.
00:31:04 FUNDAMENTALLY THE RINA IS A STATEMENT OF OUR HOUSING NEEDS
00:31:05 BASED ON PROJECTIONS OF GROWTH AND UNMET NEEDS ACROSS INCOME
00:31:09 LEVELS. THESE NUMBERS ARE NOT BASED ON
00:31:12 MARKET ANALYSIS FUNDING AVAILABILITY OR OTHER PRACTICAL
00:31:16 CONSIDERATIONS. ALSO RINA IS NOT A MANDATE FOR
00:31:20 CITIES TO BUILD HOUSING THAT HAPPENS THROUGH NONPROFIT
00:31:23 AND MARKET RATE DEVELOPERS. THE RINA SIMPLY REQUIRES CITIES
00:31:24 TO PLAN FOR AND ENCOURAGE HOUSING BY MAKING ZONING
00:31:28 CHANGES AND REMOVING DEVELOPMENT CONSTRAINTS.
00:31:33 THIS CHART SHOWS HOUSING AUTHORIZATIONS OVER TIME EVEN
00:31:37 THOUGH OUR HOUSING TARGETS HAVE INCREASED SUBSTANTIALLY IN THIS
00:31:39 ARENA CYCLE, THE CITY HAS SEEN A PERIOD OF CONTINUED DECLINE
00:31:42 IN DEVELOPMENT ACTIVITY DUE TO CHALLENGING ECONOMIC
00:31:45 CONDITIONS. >> WHILE WE HAVE SEEN SOME
00:31:48 IMPROVEMENTS IN 2025 AND INTO EARLY 2026, PRODUCTION REMAINS
00:31:52 BELOW HISTORICAL PEAKS AND BELOW THE PACE NEEDED TO
00:31:56 REACH OUR ARENA GOALS. THIS CHART SHOWS SAN
00:32:00 FRANCISCO'S PROGRESS MEETING OUR ARENA BY INCOME LEVELS
00:32:04 DURING THE CYCLE STARTING IN 2023.
00:32:06 OVERALL THE CITY HAS AUTHORIZED AROUND 10,000 UNITS OR ABOUT
00:32:12 31% OF WHAT WE WOULD NEED TO KEEP PACE WITH OUR ARENA GOALS
00:32:15 . >> OOPS.
00:32:16 PROGRESS HAS BEEN STRONGEST IN THE LOW AND VERY LOW INCOME
00:32:20 HOUSING CATEGORIES WHERE WE ACHIEVED ROUGHLY 37 TO 38% OF
00:32:24 OUR GOAL AUTHORIZATIONS FOR MODERATE AND ABOVE MODERATE
00:32:28 INCOME HOUSING HAVE LAGGED FURTHER BEHIND AT A LITTLE OVER
00:32:31 ONE QUARTER OF OUR GOAL. TO DATE THE CITY HAS FALLEN
00:32:33 SHORT OF ITS GOALS BY ABOUT 21,000 UNITS.
00:32:38 >> THIS SLIDE PROVIDES A REGIONAL PERSPECTIVE COMPARING
00:32:40 SAN FRANCISCO AGAINST OTHER BAY AREA COUNTIES DURING THE
00:32:43 PREVIOUS HOUSING ELEMENTS CYCLE FROM 2015 TO 2022 COUNTIES ARE
00:32:47 LISTED IN ORDER OF THE ARENA ALLOCATION WITH THE MORE
00:32:51 URBANIZED COUNTIES WITH HIGHER LOW INCOME TARGETS APPEARING
00:32:54 FIRST. AS YOU CAN SEE NONE OF THE
00:32:57 LARGER URBAN COUNTIES MET THEIR LOW INCOME RENO GOALS
00:32:58 HIGHLIGHTING A SHARED NEED FOR AFFORDABLE FOR ADDITIONAL
00:33:03 FUNDING AND FINANCING TOOLS. >> HOWEVER, IT'S WORTH NOTING
00:33:06 THAT SAN FRANCISCO DID PRODUCE THE GREATEST NUMBER OF
00:33:09 AFFORDABLE HOUSING UNITS OF ANY BAY AREA COUNTY DURING THIS
00:33:11 PERIOD AND IT PERFORMED THE BEST AMONG THE URBAN COUNTIES
00:33:15 BUILDING ABOUT 70% OF OUR LOW INCOME RANGE GOAL.
00:33:17 WHILE COUNTIES LIKE ALAMEDA, SANTA CLARA AND CONTRA COSTA
00:33:20 COUNTIES PRODUCE CLOSER TO 30 TO 40% OF THEIR SHARE, THIS
00:33:27 HIGHER PERFORMANCE IS A DIRECT RESULT OF SAN FRANCISCO'S
00:33:31 SUCCESS IN RAISING AFFORDABLE HOUSING FUNDS WHICH DIRECTOR
00:33:34 ADAMS FROM OCD WILL DISCUSS IN GREATER DETAIL.
00:33:36 >> SAN FRANCISCO RESIDENTS AND LEGISLATORS HAVE REPEATEDLY
00:33:39 VOTED TO RAISE FUNDING FOR AFFORDABLE HOUSING INCLUDING
00:33:42 GENERAL GENERAL OBLIGATION BONDS IN 2015, 2019 AND 2024
00:33:48 AMONG OTHER FUNDING SOURCES. >> THE DATA SUGGESTS THAT
00:33:50 SUSTAINED LOCAL FUNDING IS SUCCESSFUL IN PRODUCING MORE
00:33:54 AFFORDABLE HOMES. >> HOWEVER, DESPITE THESE
00:33:57 SUCCESSES WE ARE FACING A GROWING FEASIBILITY GAP FOR
00:34:01 BOTH AFFORDABLE AND MARKET RATE HOUSING.
00:34:04 CONSTRUCTION COSTS HAVE INCREASED BY MORE THAN 30%
00:34:07 SINCE 20 TWINE WHILE FINANCING AND LABOR COSTS HAVE ALSO RISEN
00:34:11 SUBSTANTIALLY. >> FOR AFFORDABLE HOUSING THIS
00:34:12 MEANS IT TAKES MORE PUBLIC SUBSIDIES TO BUILD AND IT MAY
00:34:15 RESULT IN GREATER DELAYS IN THE PIPELINE FOR MARKET RATE
00:34:19 PROJECTS. IT MEANS THAT MANY HOUSING
00:34:22 TYPES SIMPLY SIMPLY AREN'T FINANCIALLY FEASIBLE.
00:34:23 IN FACT, TWO RECENT FINANCIAL FEASIBILITY STUDIES FOUND THAT
00:34:26 ALL OF THE MARKET RATE PROTOTYPES STUDIED ARE
00:34:29 INFEASIBLE UNDER TODAY'S CONDITIONS.
00:34:33 >> TO ILLUSTRATE THE POINT HERE ARE THE KEY FINDINGS FROM THE
00:34:34 HOUSING ELEMENTS CONSTRAINTS ANALYSIS FINANCIAL FEASIBILITY
00:34:38 STUDY CONDUCTED LAST YEAR. THE PRO FORMAS MODELED SEVEN
00:34:44 COMMON HOUSING TYPES AND FOUND THAT ALL HAD NEGATIVE LAND
00:34:46 RESIDUAL VALUES OR RALLIES RANGING FROM -80,000 TO
00:34:51 -$423,000 PER UNIT. >> THE STUDY ALSO REVIEWED
00:34:55 VARIOUS SCENARIOS THAT COULD IMPROVE FEASIBILITY SHOWN ON
00:34:59 THE RIGHT INCLUDING PROCESS STREAMLINING FEE REDUCTIONS,
00:35:03 MODIFICATIONS TO INCLUSIONARY REQUIREMENTS AND IMPROVED
00:35:04 MARKET CONDITIONS. THE KEY TAKEAWAY IS THAT NO
00:35:07 SINGLE SCENARIO WOULD GET US TO MARKET FEASIBILITY.
00:35:11 RATHER WE WILL LIKELY NEED A COMBINATION OF FACTORS TO
00:35:12 CHANGE. >> THIS SLIDE SUMMARIZES A
00:35:18 RANGE OF POLICIES AIMED AT SUPPORTING HOUSING DEVELOPMENT
00:35:20 EITHER ADOPTED OR UNDER CONSIDERATION FOR AFFORDABLE
00:35:23 HOUSING. THESE INCLUDE STREAMLINED
00:35:25 REVIEW, DEDICATED FUNDING MEASURES AND REGULATORY
00:35:27 FLEXIBILITY FOR MARKET RATE HOUSING.
00:35:30 >> POTENTIAL TOOLS INCLUDE FEE ADJUSTMENTS, TAX INCENTIVES
00:35:34 AND TARGETED DEVELOPMENT INCENTIVES ACROSS ALL HOUSING
00:35:38 TYPES STREAMLINING FLEXIBLE ZONING AND COST REDUCING
00:35:41 INNOVATIONS CAN HELP REDUCE BARRIERS AND IMPROVE PROJECT
00:35:43 VIABILITY. >> THE PROPOSED HOUSING TRUST
00:35:46 FUND MEASURE WOULD RENEW AND EXPAND ONE OF THE CITY'S
00:35:50 MOST IMPORTANT AFFORDABLE HOUSING FUNDING SOURCES.
00:35:53 THE PROPOSAL, WHICH IS SPONSORED BY THE MAYOR CHILMARK
00:35:57 MELGAR AND OTHERS IS A GENERATIONAL INVESTMENT THAT
00:35:58 WOULD MORE THAN DOUBLE THE ALLOCATION TO THE HOUSING TRUST
00:36:01 FUND FROM 50 MILLION TO $125 MILLION ANNUALLY.
00:36:06 IN TOTAL THE PROPOSAL WOULD GENERATE MORE THAN $3 BILLION
00:36:09 FOR AFFORDABLE HOUSING OVER 30 YEARS.
00:36:10 >> IF SUCCESSFUL THIS WOULD CREATE A RECURRING AND MORE
00:36:14 RELIABLE FUNDING SOURCE FOR AFFORDABLE HOUSING PRODUCTION
00:36:17 AND PRESERVATION. INCREASES TO THE FUND WOULD BE
00:36:18 TIED TO THE OVERALL GROWTH OF THE CITY'S PROPERTY TAX BASE,
00:36:22 INCLUDING GROWTH FROM THE RECENT REZONING AND THE
00:36:25 PROPOSAL INCLUDES GUARDRAILS IN THE EVENT OF A FISCAL
00:36:26 DOWNTURN. >> THE PROPOSAL ALSO IMPLEMENTS
00:36:29 THE RECOMMENDATION FROM THE INCLUSIONARY HOUSING TECH.
00:36:33 BY LEVERAGING NEW HOUSING DEVELOPMENT WITHOUT AFFECTING
00:36:35 FINANCIAL FEASIBILITY. AS WE CLOSE, WE WANTED TO
00:36:40 HIGHLIGHT OUR ONGOING WORK AS A CITY TO IMPLEMENT OUR HOUSING
00:36:44 ELEMENT. THE HOUSING ELEMENT IDENTIFIES
00:36:45 MORE THAN 350 ACTIONS MEANT TO EXPAND HOUSING PRODUCTION
00:36:48 AND ADVANCE HOUSING EQUITY AS OF EARLY 2026.
00:36:51 ABOUT ONE THIRD OF THE ACTIONS ARE CONSIDERED COMPLETE WITH
00:36:55 ADDITIONAL ACTIONS EITHER UNDERWAY OR ONGOING.
00:36:58 >> IN ADDITION, THE CITY IS CONTINUING TO IMPLEMENT THE
00:37:02 RECOMMENDATIONS FROM THE AFFORDABLE HOUSING LEADERSHIP
00:37:03 COUNCIL AND FROM THE AFFORDABLE HOUSING SITES.
00:37:06 >> ANALYSIS AND STRATEGIES REPORT.
00:37:09 COLLECTIVELY THESE EFFORTS REPRESENT AN ONGOING COMMITMENT
00:37:10 TO REMOVING BARRIERS AND EXPANDING HOUSING
00:37:14 OPPORTUNITIES ACROSS SAN FRANCISCO.
00:37:17 >> THIS CONCLUDES TODAY'S PRESENTATION AND WE'RE
00:37:20 AVAILABLE FOR ANY QUESTIONS. >> THANK YOU VERY MUCH.
00:37:24 >> THANK YOU, LISA. I APPRECIATE THE COMPREHENSIVE
00:37:28 REVIEW OF THE DATA AND COMPILING THE INFORMATION
00:37:31 ACROSS CITY DEPARTMENTS. >> WILL YOU BE THE ONE
00:37:36 ANSWERING QUESTION LISA OR ANYBODY?
00:37:39 >> I MEAN IT'LL BE SOME COMBINATION OF ALL THREE OF
00:37:41 YOU. YEAH.
00:37:43 OKAY. IN SLIDE NUMBER SEVEN THAT WAS
00:37:46 PRESENTED. YOU KNOW THAT YOU KNOW THAT ON
00:37:49 THE SLIDE THAT MORE FUNDING EQUALS MORE HOMES.
00:37:53 >> I THINK THIS IS IMPORTANT BECAUSE THERE'S A NARRATIVE OUT
00:37:57 THERE THAT THE CITY PUTS MONEY INTO AFFORDABLE HOUSING BUT WE
00:38:01 AREN'T MOVING THE NEEDLE. I DON'T THINK THAT IS TRUE.
00:38:05 >> YOUR SLIDE SHOWS THAT IN 2025 AFTER JILL BIDEN THAT
00:38:08 THE VOTERS HAS PASSED SAN FRANCISCO WAS ABLE TO PRODUCE
00:38:12 WHAT LOOKS LIKE ABOUT 1000 MORE AFFORDABLE UNITS ANNUALLY THAN
00:38:19 THE PERIOD IN 2015 WHEN FUNDING WAS AT A LOW LEVEL.
00:38:23 THOSE 1000 UNITS LIKELY TRANSLATE INTO AFFORDABLE HOMES
00:38:28 FOR APPROXIMATELY 3000 SAN FRANCISCANS.
00:38:31 I THINK THAT IS DEFINITELY MOVING THE NEEDLE FORWARD.
00:38:34 SO MY QUESTION TO THAT IS I WANT TO MAKE SURE THAT WE ARE
00:38:38 KEEPING THE DATA TO TRACK OUR PROGRESS FRONT AND CENTER SO
00:38:42 OUR PUBLIC IS NOT IN THE DARK AS IS THIS SUMMARY ON THE
00:38:46 CITY'S REYNA AFFORDABLE HOUSING PROGRESS SOMETHING THAT THE
00:38:50 DEPARTMENT IS REQUIRED TO DO ON A CERTAIN CALENDAR TIME FRAME
00:38:54 TO PRESENT THIS INFORMATION TO THE PUBLIC AND TO THE CITY
00:38:58 POLICYMAKER NOT JUST TO CITY? >> SURE.
00:39:02 SO I'M HAPPY TO TO START AND THEN IF MOST WOULD LIKE TO
00:39:06 ADD PLEASE FEEL FREE. BUT SO THE PLANNING DEPARTMENT
00:39:09 DOES REPORT ANNUALLY TO HCD THROUGH OUR ANNUAL PROGRESS
00:39:13 REPORT REQUIREMENT THE APA. IT'S DUE BY APRIL FIRST OF EACH
00:39:17 YEAR SO WE ESSENTIALLY SUBMIT A PACKET TO EACH CD THAT INCLUDES
00:39:21 OUR HOUSING PRODUCTION ACROSS INCOME LEVELS.
00:39:24 AND THEN IT DOES ALSO REPORT ON THOSE 350 PLUS IMPLEMENTATION
00:39:27 ACTIONS THAT I THAT I IDENTIFIED.
00:39:30 SO THAT DOES GET POSTED ONLINE .
00:39:34 WE DO ALSO OF COURSE HAVE OUR HOUSING DASHBOARD WHICH GETS
00:39:38 BETTER ALL THE TIME. THERE ARE ALWAYS MAKING
00:39:39 IMPROVEMENTS TO THAT. IT'S ACTUALLY UPDATED NIGHTLY
00:39:41 THAT ALSO DOES DOES REPORT THE NUMBERS FOR BOTH AFFORDABLE
00:39:46 AND MARKET RATE HOUSING. SO YEAH, SO AM I CORRECT?
00:39:51 SO THE REPORT THAT YOU REPORT TO CD IT'S AVAILABLE ONLINE ON
00:39:57 A REGULAR BASIS AS WELL. >> YES.
00:39:58 SO SO IT'S ACTUALLY AVAILABLE THROUGH CDW'S WEBSITE.
00:40:02 >> IT DOES TAKE THEM SOME TIME AFTER IT GETS SUBMITTED
00:40:05 IN APRIL FOR THEM TO ACTUALLY PUT IT ONLINE.
00:40:08 SO I BELIEVE THIS YEAR ARE ALREADY UP ON THIS WEBSITE.
00:40:12 I DO KNOW THAT THE REGIONAL GOVERNMENT A BAG AND MTC THEY
00:40:16 ALSO DO HAVE THEIR OWN DASHBOARD WITH RINA OUTCOMES BY
00:40:18 CITY AND COUNTY. CAN I FINISH QUICKLY?
00:40:22 OKAY. >> THE PRESENTATION ALSO
00:40:26 MENTIONED THAT THE STATE REQUIRES THE CITY'S PLANS FOR
00:40:30 AND ENCOURAGE GROWTH BUT DO NOT REQUIRE A PLAN FOR PRODUCTIONS
00:40:34 GIVING THE SWEEPING ZONING REFORM THAT WAS PASSED EARLIER
00:40:38 THIS YEAR AND THE SLOW PACE OF PRIVATE DEVELOPMENT TO CREATE
00:40:42 NEW BMR UNITS. WHAT ARE THE DEPARTMENT
00:40:46 CONTINGENCY PLAN TO FACILITATE NEW AFFORDABLE HOUSING?
00:40:53 >> SO YES, AS YOU NOTED, YOU KNOW OUR REQUIREMENT UNDER THE
00:40:57 THE RINA OBLIGATION IS THAT WE CREATE CAPACITY FOR GROWTH
00:41:01 AND THAT WE ALSO WITHIN THAT IDENTIFY LOW INCOME SITES.
00:41:05 >> SO THOSE ARE SITES THAT MEET ESSENTIALLY BOTH STATE
00:41:06 REQUIREMENTS. BUT THEN WE ADD OUR OWN LAYER,
00:41:09 YOU KNOW, WHERE WE'RE ALSO THINKING ABOUT WHAT MIGHT MEET
00:41:12 KIND OF OUR OWN REQUIREMENTS FOR AFFORDABLE HOUSING
00:41:14 AND ESSENTIALLY SITES HOUSING ON THOSE SITES THAT MEETS
00:41:17 MINIMUM AFFORDABILITY REQUIREMENTS THAT ARE ELIGIBLE
00:41:21 FOR MINISTERIAL REVIEW. SO BY DOING THAT WE'RE REALLY
00:41:25 MAKING SURE THAT THE SITES ARE AVAILABLE AND THAT WE'RE MAKING
00:41:26 THE PROCESS AS EASY AS POSSIBLE SO THAT WHEN WE HAVE THE
00:41:29 FUNDING THOSE SITES CAN MOVE FORWARD QUICKLY.
00:41:32 SO IT REALLY DOES, YOU KNOW, HINGE ON HAVING THE FUNDING
00:41:34 AVAILABLE SO THAT THOSE SITES CAN ENTER THE PIPELINE AND GET
00:41:37 DEVELOPED SO YOU KNOW, FEASIBILITY REALLY IS KIND OF
00:41:41 MORE OF A MEASURE OF MARKET RATE DEVELOPMENT WHEREAS YOU
00:41:44 KNOW, AS DIRECTOR ADAMS WILL WILL NOTE THERE'S KIND OF A
00:41:48 DIFFERENT RANGE OF FACTORS THAT GO INTO AFFORDABLE HOUSING
00:41:51 PRODUCTION AND WHAT MAKES THOSE POSSIBLE SO SO AM I CORRECT
00:41:55 THAT THE DEPARTMENT IS ABLE TO ALSO HAVE AN OUT STRATEGY TO
00:41:59 IDENTIFY SITES THAT IT'S FOR AFFORDABLE HOUSING, THAT IT'S
00:42:03 AVAILABLE AND THEN NOT A DEPARTMENT OR OTHER ENTITY WILL
00:42:07 THEN WE'RE REQUIRED TO COME UP WITH ACTUAL FUNDING AND THEN
00:42:10 YOU WILL WORK WITH THAT ENTITY OR A DEPARTMENT COLLABORATIVELY
00:42:14 TO MOVE FORWARD FOR AFFORDABLE HOUSING.
00:42:18 >> YEAH, THAT'S THAT'S A WAY TO SUMMARIZE IT FOR SURE.
00:42:19 SO IT'S YOU KNOW WE'RE CREATING THE CAPACITY BUT THEN IT'S ON
00:42:22 THE CITY AS A WHOLE AND THROUGH THE ACTIONS OF THE BOARD AS
00:42:25 WELL TO TO GENERATE THE FUNDING THAT WE NEED AS WELL AS FIND
00:42:29 THE FUNDING FROM OTHER SOURCES INCLUDING STATE AND FEDERAL
00:42:33 AND PHILANTHROPIC FUNDS. >> OKAY.
00:42:34 THANK YOU. ANOTHER QUESTION THAT ASKED
00:42:37 THERE ARE ALSO MANY POLICY ACTIONS IN THE HOUSING ELEMENT
00:42:40 RELATED TO EQUITY AND AFFORDABILITY.
00:42:41 HOW IS THE DEPARTMENT ALSO TRACKING AND PRIORITIZING
00:42:45 IMPLEMENTATION OF THIS POLICY ACTIONS REPORTING PROGRESS TO
00:42:49 THE PUBLIC'S? >> SO SO YES, AS NOTED WE HAVE
00:42:56 ABOUT 359 ACTIONS AND SO YOU KNOW THE ZONING IS ONLY JUST
00:43:00 ONE SMALL HANDFUL OF THOSE ACTIONS.
00:43:03 SO WE DO REPORT ON ON THOSE AS I SAID TO EXCEED ANNUALLY
00:43:07 AND WE MAKE THAT PUBLICLY AVAILABLE.
00:43:11 >> YOU KNOW THOSE ACTIONS ARE NOT THE PLANNING PARTMENT
00:43:12 ACTIONS THERE ARE CITYWIDE ACTION SO THEY'RE REPORTED
00:43:15 ACROSS A RANGE OF AGENCIES EVERY YEAR WE PUT THE CALL OUT
00:43:18 TO ALL OF OUR SISTER AGENCIES SUCH AS MOE AND HCA AND HCA
00:43:22 AND OTHERS TO TO MONITOR OUR PROGRESS.
00:43:26 SO SO WE'RE ALWAYS, YOU KNOW, TRYING TO MAKE THAT INFORMATION
00:43:30 MORE READILY ACCESSIBLE TO FOLKS SO YOU KNOW, PEOPLE ARE
00:43:33 ALWAYS FREE TO REACH OUT AND ASK ABOUT THEM.
00:43:37 BUT YOU KNOW, THEY KIND OF RUN THE GAMUT OF, YOU KNOW, BOTH
00:43:38 OUR HOUSING PRODUCTION AS WELL AS PRESERVATION ARE OUR
00:43:42 PROGRAMS SUCH AS OUR TENANT PROGRAMS.
00:43:45 >> YOU KNOW, IT REALLY IS A ROBUST SET OF ACTIONS.
00:43:48 >> THANK YOU, LISA. HOLD ON.
00:43:49 MY COLLEAGUES ALSO HAVE QUESTIONS.
00:43:56 THANK YOU SO MUCH AT CHURCH. AND SO I DO HAVE A QUESTION
00:44:00 ABOUT WHAT WE'RE COUNTING AND WHAT WE'RE NOT.
00:44:04 AND I MEAN I KNOW THAT THERE ARE REGULATORY REQUIREMENTS FOR
00:44:08 EACH CD AND THEN THINGS THAT HAVE BEEN DONE BY ORDINANCE
00:44:14 THAT WE MAKE YOU DO IN TERMS OF REPORTING.
00:44:18 BUT I'M WONDERING SPECIFICALLY ABOUT SECTION EIGHT VOUCHERS
00:44:22 IN WHAT PERCENTAGE OF THAT IS INCLUDED OR NOT INCLUDED IN IN
00:44:30 LOOKING AT THE OVERALL NEED, HOW WE KEEP TRACK OF THAT
00:44:35 ESPECIALLY GIVEN THE CHANGES THAT ARE DESIRED BY OUR FEDERAL
00:44:38 GOVERNMENT AND THEN ALSO RENT CONTROL BECAUSE WE ARE LOSING
00:44:42 RENT CONTROL UNITS EVERY DAY IN SAN FRANCISCO BECAUSE YOU
00:44:47 KNOW BUILDINGS ARE GETTING OLDER BUT THEY ARE ALSO A
00:44:48 REALLY IMPORTANT PART OF KEEPING WORKING CLASS AND LOW
00:44:51 INCOME PEOPLE HOUSED ALTHOUGH THEY DON'T HOUSE EXCLUSIVELY
00:44:59 LOW INCOME PEOPLE. BUT YOU KNOW IT IS PART OF THE
00:45:00 PICTURE. SO I'M WONDERING HOW WE CRUNCH
00:45:04 THOSE NUMBERS. HOW DO WE LIKE TAKE IT ALL INTO
00:45:07 ACCOUNT EVEN IF IT'S IMPRECISE AND HOW DO WE ATTEMPT TO LOOK
00:45:11 AT LIKE SORT OF THAT NEED VERSUS SUPPLY GIVEN THAT A BIG
00:45:15 CHUNK OF YOU KNOW, HOW PEOPLE ARE HOUSED IS NOT JUST, YOU
00:45:19 KNOW, SUBSIDIZED HOUSING CONTROLLED BY THE MAYOR'S
00:45:23 OFFICE OF HOUSING BUT THESE OTHER THINGS IN THE MARKET ALSO
00:45:27 SOME SUBSIDIZED BY THE FEDERAL GOVERNMENT AND ALSO RENT
00:45:28 CONTROL. >> THANK YOU FOR THE QUESTION.
00:45:31 SUPERVISOR SO I'LL TRY TO ANSWER THE FIRST ONE ABOUT YOUR
00:45:35 QUESTION ABOUT FOR EXAMPLE SECTION EIGHT VOUCHERS.
00:45:39 HOW DO WE COUNT THAT IF I COULD JUST CLARIFY I DO MEAN HOW ARE
00:45:42 WE COUNTING THAT AGAINST THE NEED OR AGAINST THE PRODUCTION
00:45:46 THE NEED I MEAN I KNOW WE CANNOT COMPETE AGAINST THE
00:45:50 PRODUCTION. I MEAN I GUESS SOMETIMES WE CAN
00:45:53 YOU KNOW, IF WE HAVE A PROJECT BASED BUDGET RIGHT YOU KNOW I
00:45:57 I'M LIKE MY QUESTION IS ABOUT NEED.
00:45:58 YEAH. BECAUSE WE KNOW THAT THERE ARE
00:46:01 PEOPLE WHO HAVE THAT IN THERE BY DEFINITION LOW INCOME PEOPLE
00:46:05 WHO ARE LIVING IN I THINK, YOU KNOW, THE FEDERAL GOVERNMENT
00:46:06 SUBSIDIZING IT AND THAT'S A GOOD THING FOR US FOR OUR
00:46:10 BUDGET. BUT LIKE IN TERMS OF THE NEED,
00:46:13 I WANT TO UNDERSTAND HOW MUCH OF THAT AND WHO'S KEEPING TRACK
00:46:16 OF IT AND WHO IS ASSESSING THE NEED.
00:46:17 >> YEAH. SO IN TERMS OF THE NEED THAT'S
00:46:20 IDENTIFIED BY RINA, YOU KNOW, I'M NOT ACTUALLY SURE IF THAT
00:46:25 ACCOUNTS FOR OUR SECOND QUESTION.
00:46:28 YEAH, BECAUSE I UNDERSTAND THAT WE HAVE AN OBLIGATION TO HCB
00:46:31 THAT'S LIKE YEAH THAT OBLIGATION IS NOT GOING TO GO
00:46:34 AWAY. >> I'M ASKING FOR US LIKE WE
00:46:35 NEED TO FIGURE OUT WHERE WE'RE AT AND WHAT WE NEED AND IF
00:46:39 THERE'S A THREAT BY THE FEDERAL GOVERNMENT OR AN INCREASE WE
00:46:43 KNOW LIKE WE CAN ADVOCATE FOR LIKE THAT'S WHERE WE SHOULD GO
00:46:47 AND THEY SHOULD BE PART OF THE PICTURE.
00:46:48 YEAH. OKAY.
00:46:49 >> FEEL FREE TO YEAH. >> GOOD AFTERNOON DENNIS
00:46:54 AND THE HOUSING THREE ACTUALLY. SO IN TERMS OF SECTION EIGHT I
00:46:57 THINK IT'S A GREAT QUESTION IN TERMS OF HOW WE'RE TRACKING
00:47:01 THAT AND I THINK PART OF THE DISCONNECT IS IT'S NOT AS YOU
00:47:04 POINT OUT IT'S NOT A RINA OBLIGATION.
00:47:05 THE HOUSING AUTHORITY MANAGES ABOUT 16,000 VOUCHERS.
00:47:09 SO THAT JUST GIVES YOU A SENSE OF THE SCALE FOR SUCCESS.
00:47:13 YEAH, IT IS A LOT. ABOUT ABOUT HALF OF THOSE
00:47:16 VOUCHERS ARE CONSIDERED PROJECT BASED VOUCHERS SO THEY'RE
00:47:19 IN BUILDINGS THAT ARE GENERALLY 100% AFFORDABLE BUILDINGS
00:47:23 AND WOULD BE REFLECTED THEN IN SOME OF THE REPORTS THAT WE
00:47:26 MANAGE AT MOST BECAUSE THEY'RE INCLUDED IN OUR OUR OVERALL
00:47:30 PORTFOLIO AND THEY WOULD SHOW UP IN THAT WAY THE BALANCE
00:47:33 ABOUT HALF 8000 VOUCHERS ARE WHAT ARE CALLED TENANT BASED
00:47:37 VOUCHERS AND SO THOSE ARE FOLKS OUT RENTING IN THE PRIVATE
00:47:40 MARKET. THEY'RE THEY'RE GETTING A
00:47:41 SUBSIDY FROM THE FEDERAL GOVERNMENT THAT'S CHANNELED
00:47:44 THROUGH THE HOUSING AUTHORITY THAT GOES TO A PRIVATE LANDLORD
00:47:48 AND WE HAVE THAT INFORMATION AT THE HOUSING AUTHORITY.
00:47:49 WE KNOW WHERE THOSE PROPERTIES ARE AND CERTAINLY CAN PROVIDE
00:47:53 THAT. BUT IT'S A GOOD QUESTION.
00:47:56 I'M NOT SURE HOW IT IF AND HOW IT OVERLAPS WITH CERTAIN
00:47:58 PLANNING DEPARTMENT REPORTS WHICH I THINK IS MAYBE WHAT
00:48:01 YOU'RE WHAT YOU'RE GETTING. >> YEAH THAT'S NOT ACTUALLY
00:48:04 WHAT I WAS ASKING BECAUSE THE PLANNING REPORTS ARE WHAT THEY
00:48:05 ARE. I'M ASKING FOR IT BECAUSE IT
00:48:08 AFFECTS THE DECISIONS THAT WE MAKE OVERALL IN TERMS OF POLICY
00:48:12 . AND SO YOU KNOW, I DO I DO
00:48:13 THINK YOU KNOW IT YOU KNOW THIS BECAUSE YOU'RE YOU KNOW,
00:48:17 IN CHARGE OF IT BUT YOU KNOW WHEN TIMES ARE GOOD AND MARKET
00:48:21 RENTS ARE HIGH, THE TURN BACK RATE FOR THOSE VOUCHERS TEND TO
00:48:24 BE HIGH AND PEOPLE TAKE THEM AND GO TO ANTIOCH, YOU KNOW,
00:48:28 AND THAT'S NOT WHAT WE WANT. AND SO WHEN RENTS ARE A LITTLE
00:48:31 BIT MORE DEPRESSED WHICH HAVE BEEN IN THE PAST NOT TODAY YOU
00:48:35 KNOW PEOPLE HAVE A GREATER CHANCE OF USING THAT VOUCHER TO
00:48:39 STAY AND THEN WE CAN COUNT THOSE IN SOME WAY MAYBE NOT
00:48:43 AGAINST OUR ARENA OBLIGATION BUT WE CAN SAY OKAY, THIS
00:48:44 WORKING CLASS FAMILY GOT A HOUSING UNIT ON THE MARKET WITH
00:48:48 A VOUCHER AND WE KNOW THEY'RE LOW INCOME AND YOU KNOW
00:48:52 SOMEWHERE IT SHOULD END UP. BUT AS A REPORT SO IN TERMS OF
00:48:55 LIKE LOOKING AT THE OVERALL PICTURE OF HOW WE ADDRESS A
00:48:59 NEEDS OF WORKING CLASS SAN FRANCISCANS THAT SHOULD GO
00:49:00 SOMEWHERE AND YOU KNOW LIKE I KNOW IT'S SEPARATE FROM OUR
00:49:04 ARENA OBLIGATION BUT I THINK IT'S AN IMPORTANT THING TO
00:49:07 COUNT FOR US IS MY POINT VERY I COULD NOT AGREE MORE AND I
00:49:11 THINK WE CAN START TO INCORPORATE THAT PICTURE INTO
00:49:14 SOME OF THE REPORTING THAT WE DO WHETHER IT SHOWS UP IN A
00:49:15 PLANNING DEPARTMENT REPORT OR MOST CITY REPORT I THINK THAT'S
00:49:18 A VERY REASONABLE REQUEST. >> THANK YOU, DIRECTOR ADAMS
00:49:22 AND SO THAT'S I'M SORRY. I JUST I WANT TO ASK ABOUT THAT
00:49:25 SECOND PART OF THE QUESTION WHICH IS ABOUT RENT CONTROL
00:49:29 BECAUSE WE DO KNOW THAT WE ARE LOSING RENT CONTROL UNITS AT
00:49:30 SOME IN SOME WAY. I DON'T KNOW WHO'S KEEPING
00:49:34 TRACK OF IT AND THEN YOU KNOW, ARE WE THEN MEASURING ALSO LIKE
00:49:38 THE LOSS AGAINST THE POTENTIAL YOU KNOW, THE GAIN AS WE ARE
00:49:43 BUILDING NEW UNITS THAT ARE NOT RENT CONTROLLED MAYBE SOME
00:49:47 SUBSIDIZED BUT MAYBE NOT. BUT IF THAT IS ENDING UP
00:49:53 IN NUMBER SOMEWHERE, YES, OUR HOUSING INVENTORY DOES TRACK
00:49:56 WHEN UNITS ARE CONVERTED. RIGHT OR LOST FROM THE RENT
00:50:00 CONTROL STOCK. AND YOU KNOW, I THINK THIS
00:50:02 SPEAKS TO, YOU KNOW, WHY THE CITY'S INVESTED SO MUCH TIME
00:50:05 IN DEVELOPING STRONG TENANT PROTECTION ESPECIALLY OVER THE
00:50:09 LAST YEAR WITH WITH THE NEW ORDINANCE WHICH IS CONTINUING
00:50:12 TO BE EVOLVED THROUGH THE THROUGH THE DUPLICATE ORDINANCE
00:50:13 AS WELL. SO IT IS PART OF OUR RECORDS I
00:50:16 BELIEVE IT IS ALSO PART OF THE ARENA REPORTING BUT WE CAN
00:50:20 CONFIRM THAT AS WELL. >> OKAY, GREAT.
00:50:23 THANK YOU. >> THINK AGAIN FOR THE
00:50:31 PRESENTATION. IF YOU COULD POINT TO THE SLIDE
00:50:35 THAT TALKS ABOUT THE DIFFERENT EFFORTS AROUND STREAMLINING
00:50:38 AFFORDABLE HOUSING, IT'S CLEAR THAT WE'VE MADE A LOT OF
00:50:39 PROGRESS AROUND THE STREAMLINING OF AFFORDABLE
00:50:43 HOUSING. BUT I'M CURIOUS FROM YOUR
00:50:44 PERSPECTIVE YOU ALSO ALLUDED TO SOME THAT ARE STILL IN THE
00:50:47 PIPELINE. IT'S CLEAR THOSE THINGS WERE
00:50:48 NECESSARY BUT INSUFFICIENT. WHICH OF THEM ARE LEFT THAT YOU
00:50:51 WOULD RECOMMEND THAT WE PRIORITIZE GOING FORWARD?
00:51:00 THANK YOU. SO AS WE NOTED, YOU KNOW,
00:51:05 THERE'S BEEN KIND OF A RANGE OF POLICIES OVER THE LAST SEVERAL
00:51:06 YEARS REALLY THROUGHOUT THE THE POST-PANDEMIC PERIOD RANGING
00:51:12 FROM BOTH, YOU KNOW, CONSTRAINTS REDUCTIONS TO
00:51:13 ACTUAL CHANGES TO OUR ZONING CODE TO CHANGE OUR REAR YARD
00:51:16 REQUIREMENTS, CHANGE OUR NOTIFICATION REQUIREMENTS ETC.
00:51:20 AS WELL AS YOU KNOW A RANGE OF KIND OF MORE STREAMLINING
00:51:24 OPTIONS THAT YOU KNOW ARE DESIGNED TO ESSENTIALLY REDUCE
00:51:28 THE PROCESS AND THEN AS ALSO NOTED THERE'S BEEN BOTH
00:51:32 TEMPORARY AS WELL AS YOU KNOW, OTHER PROPOSALS FOR REDUCING
00:51:36 FEES AND REDUCING OTHER COSTS. SO WE KIND OF SEE THIS AS YOU
00:51:39 KNOW, REALLY WHAT NEEDS TO BE A LAYERED APPROACH AND WE ARE
00:51:43 TRYING TO CONVEY THAT WITH BY SHARING THE FINANCIAL
00:51:46 FEASIBILITY ANALYSIS BECAUSE IT'S NOT GOING TO BE ANY SINGLE
00:51:48 FACTOR THAT'S REALLY GOING TO MAKE THE DIFFERENCE.
00:51:51 WE REALLY DO NEED TO HAVE MULTIPLE APPROACHES SO WE'RE
00:51:55 CONTINUING TO LOOK AT THOSE CHANGES THAT WE CAN MAKE.
00:51:58 I THINK A LOT OF THE KIND OF LOW HANGING FRUIT HAVE BEEN
00:52:00 CHANGED ALREADY. SO WE'RE WE'RE LOOKING AT OTHER
00:52:03 KIND OF COST REDUCING FACTORS THAT WE CAN THINK ABOUT SUCH AS
00:52:06 YOU KNOW, ADDITIONAL PROPOSALS TO TO LOWER IMPACT FEES OR
00:52:13 TRANSFER TAX FOR EXAMPLE, AS WELL AS THINGS THAT WE CAN DO
00:52:17 TO BRING DOWN DOWN THE COST OF CONSTRUCTION.
00:52:18 SO WE'VE BEEN LOOKING AT THINGS LIKE PRE-APPROVAL PLAN SETS
00:52:21 AND AND OTHER STRATEGIES THAT HAVE BEEN YOU KNOW, EXPLORED
00:52:25 OTHER IN OTHER CITIES AND STATES.
00:52:26 CAN YOU SHARE MORE SPECIFICS ABOUT WHAT OTHER TYPES OF FEES
00:52:30 THAT YOU LOOK FOR AFFORDABLE HOUSING?
00:52:31 WHAT ARE THE TYPE OF REMAINING STREAMLINING FEES OR YOU
00:52:33 MENTIONED THIS REPORT CAN YOU SHARE MORE RIGHT NOW FOR
00:52:36 AFFORDABLE HOUSING HOUSING SPECIFICALLY?
00:52:37 >> I WOULD DEFER TO MOST TO TO TALK ABOUT KIND OF THE
00:52:41 CHALLENGES AND YOU KNOW, THE PROCESS TO DEVELOP THOSE
00:52:45 PROJECTS. BUT JUST FROM THE PLANNING
00:52:48 DEPARTMENT PERSPECTIVE, YOU KNOW, WE'VE ALREADY BASICALLY
00:52:50 STREAMLINED THE THE APPROVALS OF THE AFFORDABLE PROJECTS.
00:52:56 THEY ALSO ALSO ARE NOT SUBJECT TO ANY OF THE IMPACT FEES.
00:53:00 >> THOSE HAVE BEEN EXEMPT FOR QUITE SOME TIME.
00:53:01 SO THERE'S NO NOTHING ELSE FROM YOUR PERSPECTIVE FROM THE
00:53:03 PLANNING DEPARTMENT CAN DO FROM A STREAMLINING PERSPECTIVE FOR
00:53:05 AFFORDABLE HOUSING, I WOULD ASK MY MY COLLEAGUES TO, YOU KNOW,
00:53:07 SUGGEST IF THERE ARE OTHER ITEMS I'M IN WHICH CASE, YOU
00:53:10 KNOW, WE'D LOVE TO WORK WITH THEM ON ON THAT.
00:53:12 >> BUT YOU KNOW, WE'VE BEEN MOVING IN THAT DIRECTION FOR A
00:53:14 NUMBER OF YEARS AT THIS POINT. YEAH, I FEEL LIKE I'M SKIPPING
00:53:20 THE LINE BUT I'LL JUST CHIME IN.
00:53:21 >> SO I MEAN TO TO LISA'S POINT, IT REALLY HAS BEEN A SEA
00:53:27 CHANGE ON THE ENTITLEMENT FRONT FOR AFFORDABLE HOUSING.
00:53:31 SO THE SB 35 WHICH PASSED A NUMBER OF YEARS AGO WE USED TO
00:53:35 BUILD IN A LOT OF TIME INTO INTO OUR APPROVAL PROCESS FOR
00:53:37 REQUIRED COMMUNITY MEETINGS. OBVIOUSLY THE CYCLE ANALYSIS
00:53:40 THAT WOULD BE PROMPTED THE APPEALS, THE LITIGATION
00:53:44 AND MUCH OF THAT HAS GONE AWAY. SO OUR ENTITLEMENT STREAMLINING
00:53:48 HAS BEEN VERY SUCCESSFUL AND WHILE THERE MAY BE
00:53:52 REFINEMENTS TO IT THAT WE CAN MAKE, I THINK IT WOULD BE ON
00:53:55 THE MARGINS WE REALLY HAVE DONE A GREAT JOB AS A CITY TO TO
00:53:59 ADVANCE OUR AFFORDABLE HOUSING APPROVALS AND THAT'S BEEN
00:54:03 EXCITING. I'VE WORKED HERE FOR MANY YEARS
00:54:06 AND I THOUGHT IT WOULD NEVER HAPPEN AND THEN IT HAPPENED ON
00:54:07 THE ON THE COST FRONT. YOU KNOW AFFORDABLE HOUSING IS
00:54:11 EXEMPT FROM A LOT OF THE FEES THAT MIGHT BE CHARGED IMPACT
00:54:17 FEES BECAUSE WE'RE OFTEN THE RECIPIENT OF THOSE IMPACT FEES.
00:54:19 SO WE DON'T HAVE THE SAME KIND OF FEE BURDEN BUT COST CONTROL
00:54:22 IS A REAL ISSUE AND THERE ARE COST DRIVERS.
00:54:25 SOME OF THOSE RELATE TO THE THE REQUIREMENTS OF THE FINANCING
00:54:27 ITSELF. IT CAN ADD COST TO OUR
00:54:31 PROJECTS. WE DO HAVE VERY LAUDABLE GOALS
00:54:34 AROUND ENERGY EFFICIENCY, ENVIRONMENTALISM, WORKFORCE
00:54:38 REQUIREMENTS, SMALL BUSINESS ENGAGEMENT THOSE ARE IMPORTANT
00:54:42 POLICY CONSIDERED CONSIDERATIONS AND GOALS BUT
00:54:45 THEY DO ADD COSTS. SO I THINK WE'RE ON THE COST
00:54:49 SIDE. IT'S AN AREA WHERE WE WANT TO
00:54:50 CONTINUE TO SHARPEN OUR PENCILS AND REFINE BECAUSE BECAUSE
00:54:53 THAT'S GOING TO INCREASE FEASIBILITY FOR OUR PROJECTS.
00:54:56 AND THEN THE LAST THING I'LL NOTE IS AND WE CAN TALK MORE
00:55:00 ABOUT THIS DURING MY PRESENTATION WHERE WHERE WE
00:55:03 HAVE LAGS IN OUR IMPLEMENTATION PROCESS IS REALLY AROUND THE
00:55:07 FINANCING AS YOU'LL SEE IN THE PRESENTATION TO FOLLOW WE USE
00:55:11 IT'S A WHOLE GRAB BAG OF RESOURCES THAT WE NEED TO BRING
00:55:15 TO THE TABLE IN ORDER TO MAKE A PROJECT WORK.
00:55:16 THOSE HAVE DIFFERENT FUNDING ROUNDS.
00:55:20 WE'RE OFTEN WAITING FOR A SUBSEQUENT FUNDING ROUND NOW
00:55:23 VERY EXCITINGLY THE STATE HAS STARTED TO CONSOLIDATE ITS
00:55:24 FUNDING AND AS OF THIS YEAR WE'LL START TO DIRECT
00:55:30 AND COORDINATE ITS STATE FUNDING.
00:55:31 THESE ARE STATE GRANTS WITH ITS TAX CREDIT ALLOCATION AND SO
00:55:35 THAT'S GOING TO THAT'S GOING TO INCREASE THE SPEED AT WHICH WE
00:55:38 CAN MOVE FROM ENTITLEMENT TO IMPLEMENTATION.
00:55:42 BUT TO DATE WE HAVEN'T SEEN THAT AND THAT'S A THAT'S BEEN A
00:55:46 MAJOR IMPEDIMENT TO OUR PRODUCTION SCHEDULE.
00:55:48 >> THANK YOU. >> THANK YOU.
00:55:53 SUPERVISING JUNIOR DIRECTOR ADAM WITH THAT I ALSO WOULD
00:55:56 LIKE TO BRING YOU BACK FOR YOUR PRESENTATION.
00:56:06 THANK YOU SO MUCH FOR HAVING US HERE AGAIN, DAN ADAMS, DIRECTOR
00:56:11 OF THE MAYOR'S OFFICE OF HOUSING AND COMMUNITY
00:56:12 DEVELOPMENT. I'M HERE WITH SHEILA NICOPOLIS,
00:56:15 OUR POLICY DIRECTOR. AND JUST A COUPLE OF COMMENTS
00:56:21 TO GET STARTED. FIRST OF ALL, SUPERVISOR CHEN,
00:56:22 THANK YOU FOR CALLING THIS HEARING AND THANK YOU SO MUCH
00:56:25 FOR SIGNALING AT THE START THAT MONEY MATTERS AND MONEY BRINGS
00:56:29 RESULTS. SO YOU KNOW WE SEE IT WHEN WE
00:56:33 WORK DAY IN AND DAY OUT ON AFFORDABLE HOUSING.
00:56:37 WE GET TO GO TO GRAND OPENINGS AND GROUNDBREAKING WE TALK TO
00:56:40 THE FAMILIES WHO GET TO LIVE IN THE HOUSING.
00:56:41 WE KNOW IT MAKES A DIFFERENCE AND I CAN SEE WHY FOLKS WHO ARE
00:56:44 NOT FOLLOWING AFFORDABLE HOUSING AS CLOSELY MIGHT SAY
00:56:48 WHERE DID THAT MONEY GO OR WHAT HAPPENED IF THEY'RE NOT LIVING
00:56:51 IN OR NEARBY A NEW AFFORDABLE HOUSING DEVELOPMENT BUT AS AS
00:56:54 THE PRODUCTION NUMBERS SHOW WE MAKE GOOD USE OF THE FUNDS WE
00:56:59 RECEIVE WE AS AS WAS PRESENTED IN THE PREVIOUS SLIDE DECK, YOU
00:57:03 KNOW WE PRODUCE MORE THAN OUR PEER CITIES DO BY A
00:57:07 CONSIDERABLE FACTOR. WE LEVERAGE MORE RESOURCES THAN
00:57:11 ANY OTHER CITY IN ACROSS THE STATE OF CALIFORNIA ON A PER
00:57:15 CAPITA BASIS. SO WE WE PULLED OUT A LOT OF
00:57:19 FUNDS FROM OUR STATE FUNDING PARTNERS TO INVEST HERE THAT
00:57:23 BUILDS AFFORDABLE HOUSING. IT CREATES JOBS, IT CREATES
00:57:26 ECONOMIC ACTIVITY. IN 2025, AS THE BLM REPORTED,
00:57:30 AFFORDABLE HOUSING PRODUCTION WAS TWO THIRDS OF ALL THE
00:57:34 PRODUCTION ALL THE RESIDENTIAL PRODUCTION IN SAN FRANCISCO.
00:57:36 >> SO THESE ARE POINTS OF PRIDE FOR US.
00:57:38 BUT WE ALSO RECOGNIZE IT'S NOT ENOUGH.
00:57:41 THERE ARE LOTS OF LOTS OF PEOPLE WHO CAN'T AFFORD
00:57:44 AFFORDABLE HOUSING IN SAN FRANCISCO.
00:57:45 SO WE KNOW EVEN IF EVEN IF RINA DIDN'T TELL US ANYTHING, WE
00:57:49 KNOW WE HAVE TO DO MORE AND WE WE CONTINUALLY WANT TO DO
00:57:52 BETTER AND SEEK OUT ENTERPRISING AND INNOVATIVE
00:57:56 WAYS IN WHICH WE CAN IMPROVE OUR PRODUCTION AND LEVERAGE
00:57:59 MORE RESOURCES. SO EAGER TO HAVE THE
00:58:00 CONVERSATION WITH YOU ALL AND WITH THE PUBLIC TO FOLLOW.
00:58:03 WITH THAT WE'LL GET STARTED WITH OUR PRESENTATION.
00:58:07 WE'LL BE TALKING ABOUT OUR AFFORDABLE HOUSING PORTFOLIO
00:58:11 AND PRODUCTION, OUR AFFORDABLE HOUSING FINANCING AND THE
00:58:12 POPULATIONS WE SERVE. SO JUST A QUICK KIND OF TABLE
00:58:16 SETTING. MOST SIDE WE'RE THE LEAD
00:58:19 HOUSING AGENCY FOR THE CITY AND WE DIRECT A NUMBER OF
00:58:23 PROGRAMS AND FINANCING BUT WE'RE PART OF A LARGER
00:58:26 ECOSYSTEM THAT ADDRESSES HOUSING.
00:58:27 WE TALKED A LITTLE BIT ABOUT THE HOUSING AUTHORITY WHICH IS
00:58:30 PRIMARILY A VOUCHER MANAGEMENT ENTITY AT THIS STAGE THOUGH IT
00:58:34 DOES MANAGE SMALL PORTFOLIO OF PUBLIC HOUSING STILL OKAY OR
00:58:37 THE FORMER REDEVELOPMENT AGENCY HAS OBLIGATIONS TO COMPLETE
00:58:41 AFFORDABLE HOUSING PRODUCTION WITHIN CERTAIN PLAN AREAS THAT
00:58:46 WERE APPROVED AT DISSOLUTION AND SO THERE'S STILL AN ACTIVE
00:58:49 PLAYER IN TERMS OF ISSUING DEBT AND PROVIDING LOANS FOR NEW
00:58:53 AFFORDABLE HOUSING PRODUCTION. >> OF COURSE OUR DEPARTMENT OF
00:58:55 HOMELESSNESS AND SUPPORTIVE HOUSING IS REALLY FOCUSED ON
00:58:58 PROGRAMS AND SERVICES DIRECTED TO ALLEVIATING OUR HOMELESSNESS
00:59:01 ISSUES IN SAN FRANCISCO AND WE PARTNER WITH THEM VERY
00:59:05 FREQUENTLY. AND FINALLY THERE IS PRIVATELY
00:59:09 OWNED AFFORDABLE HOUSING A CHAIR MELGAR YOU MENTIONED RENT
00:59:12 CONTROL WHICH PROVIDES AN IMPORTANT COMPONENT OF
00:59:13 AFFORDABLE HOUSING STOCK IN SAN FRANCISCO WE HAVE SOROS
00:59:17 AND OTHER TYPES THAT ARE NOT A DEED RESTRICTED BUT DO PROVIDE
00:59:21 AFFORDABILITY TO OUR RESIDENTS .
00:59:24 OUR HOUSING PROGRAMS ARE DIVERSE.
00:59:25 WE FUND NEW CONSTRUCTION ACQUISITION PRESERVATION
00:59:29 AND REHABILITATION. >> A QUICK WORD ABOUT
00:59:32 PRESERVATION WE OFTEN USE THE TERM TO DESCRIBE TWO DIFFERENT
00:59:34 THINGS ONE IS ACQUIRING SITES AND MOVING THEM OUT OF THE
00:59:37 MARKET INTO A PRESERVED OR PERMANENTLY AFFORDABLE HOUSING
00:59:42 CONTEXT. AND WE ALSO USE PRESERVATION TO
00:59:43 DESCRIBE INVESTING IN OUR PORTFOLIO WHICH INCREASINGLY
00:59:46 NEEDS REINVESTMENT IN ORDER TO STAY VIBRANT SUCCESSFUL HOUSING
00:59:50 FOR LOW INCOME TENANTS. WE HAVE DOWN PAYMENT
00:59:54 ASSISTANCE, LOAN ASSISTANCE AND HOMEBUYER EDUCATION.
00:59:57 WE FUND SERVICES THAT KEEP PEOPLE HOUSED AND WE FUND
01:00:00 PROGRAMS SUCH AS TENANT LEGAL SERVICES, EVICTION PREVENTION
01:00:04 AND CONFLICT MEDIATION ALSO WITH THE GOAL OF KEEPING FOLKS
01:00:08 IN THEIR HOUSING TAKE A WATER BREAK.
01:00:14 OUR AFFORDABLE HOUSING PORTFOLIO IS ABOUT 35,000 UNITS
01:00:20 AND YOU CAN SEE ITS LOCATION. I MEAN THIS INCLUDES NEW
01:00:22 CONSTRUCTION INCLUSIONARY RENTAL OWNERSHIP PROGRAMS
01:00:25 AND PRESERVATION UNITS AND WE'LL TALK MORE ABOUT THIS
01:00:29 AS WE TALK ABOUT THE GEOGRAPHY OF OUR WORK BOTH TO DATE
01:00:33 AND MOVING FORWARD. YOU CAN SEE A PREPONDERANCE IS
01:00:36 IN CERTAIN PARTS OF THE CITY. >> THIS REPRESENTS BOTH WHERE
01:00:40 EASTERN NEIGHBORHOODS REZONING HAPPENED TO CREATE SITE
01:00:42 CAPACITY. THIS IS OFTEN WHERE A LOT OF
01:00:45 MARKET RATE HOUSING HAS BEEN PRODUCED SO WHEN THERE IS A
01:00:48 REQUIREMENT TO SPEND FUNDS NEAR MARKET RATE HOUSING OR HAVE
01:00:52 INCLUSIONARY INCLUDED IN MARKET RATE HOUSING THAT'S WHERE MOST
01:00:55 OF THE GROWTH HAS HAPPENED IN THE CITY AND YOU SEE ON THE
01:00:57 SOUTHEAST SECTOR THE LEGACY OF REDEVELOPMENT AGENCY AND THEIR
01:01:04 INVOLVEMENT IN BUILDING AFFORDABLE HOUSING IN THE
01:01:05 SOUTHEAST IN PARTICULAR WHICH WAS LARGELY A REDEVELOPMENT
01:01:08 AREA FOR MANY YEARS. >> NEXT SLIDE.
01:01:12 SO WE TALKED A LITTLE BIT ABOUT THIS AND I WON'T DWELL ON IT
01:01:16 BUT THE A NEW AFFORDABLE HOUSING DEVELOPMENT PROCESS
01:01:17 IT'S IT'S SIMILAR TO A MARKET RATE PROCESS WE HAVE TO ACQUIRE
01:01:21 A SITE GET IT ENTITLED GET FINANCING, START CONSTRUCTION
01:01:24 AND THEN LEASE UP. NOW CONSTRUCTION IS GOING TO
01:01:27 TAKE ABOUT TWO YEARS IN GENERAL TO BUILD THE UNITS AND THEN
01:01:31 LEASE UP, YOU KNOW, 3 TO 6 MONTHS TO BE FULLY LEASED AS WE
01:01:35 JUST WERE TALKING ABOUT THE THE DIFFERENCE BETWEEN AN
01:01:39 AFFORDABLE HOUSING FINANCING STRATEGY AND A MARKET RATE
01:01:42 WHILE THE MARKET RATE SECTOR WILL NEED TO WAIT FOR THE
01:01:46 MARKET TO BE FAVORABLE AND TO TO MOVE FORWARD OUR GATING
01:01:49 ISSUES IT'S REALLY THE UPPER TIER RESOURCES THAT WE NEED TO
01:01:53 LEVERAGE AT THE STATE AND THE FEDERAL LEVEL AND SO THAT CAN
01:01:55 BE THE THE WAITING GAME IN THE KIND OF STRATEGY WORK THAT WE
01:01:58 DO WHICH CAN ADD TIME TO THE IMPLEMENTATION PROCESS HERE YOU
01:02:05 CAN SEE OUR AFFORDABLE HOUSING PRODUCTION AND OVER TIME
01:02:08 AND YOU CAN SEE THERE'S OVER THE LAST TEN YEARS WE'VE HAD
01:02:10 VERY ROBUST PRODUCTION. >> I WOULD LIKE TO POINT OUT
01:02:13 THAT 2017 2018 AND 2019 NUMBERS WERE REFLECTIVE OF A LARGE
01:02:16 CONVERSION OF PUBLIC HOUSING THAT WE DID TO PRIVATELY
01:02:21 NONPROFIT OWNED HOUSING SUPPORTED WITH VOUCHERS.
01:02:24 SO THOSE ARE GREAT NUMBERS. IT WAS AN AMAZING EFFORT THAT
01:02:27 THE CITY LED BUT THOSE PURE PRODUCTION NUMBERS ARE A LITTLE
01:02:31 BIT ANOMALOUS. IT INCLUDES A LOT OF
01:02:32 PRESERVATION WORK THAT WE DID DURING THAT PERIOD.
01:02:35 >> BUT SINCE THEN AND DURING THAT TIME OUR PRODUCTION HAS
01:02:39 BEEN QUITE ROBUST AND THAT REFLECTS THE FACT THAT WE HAVE
01:02:42 PASSED MEASURES THAT HAVE FUNDED AFFORDABLE HOUSING.
01:02:46 >> THERE'S A DIRECT CORRELATION BETWEEN THE 2015 TO 2019
01:02:49 AND THE 2024 BOND AND OUR PRODUCTION NUMBERS.
01:02:53 SO THANK YOU THE CITIZENS AND RESIDENTS OF SAN FRANCISCO
01:02:57 FOR VOTING FOR THOSE MEASURES BECAUSE IT HAS RESULTED IN VERY
01:03:01 ROBUST PRODUCTION OVER THE LAST DECADE AND A LITTLE BIT ABOUT
01:03:04 AFFORDABLE HOUSING FINANCING THIS I WAS AT A PRESENTATION
01:03:11 YEARS AGO WHERE SOMEBODY COMPARED AFFORDABLE HOUSING
01:03:15 FINANCE TO TO BEING LIKE A ROCKET SCIENTIST OR SOMETHING
01:03:16 AND THE COMPLEXITY AROUND AFFORDABLE HOUSING FINANCE IS
01:03:19 HARD TO OVERSTATE AND IT'S BECAUSE IT INCLUDES SO MANY
01:03:22 DIFFERENT SOURCES. SO THIS JUST GIVES YOU A SENSE
01:03:24 WE HAVE OUR TAX CREDITS, THE FEDERAL TAX CREDITS.
01:03:27 >> WE ISSUE BONDS. THERE ARE FEDERAL PROGRAMS THAT
01:03:30 ARE MORE DIRECT SUBSIDY LIKE HOME AND CDBG EACH WITH THEIR
01:03:34 OWN REQUIREMENTS. WE HAVE STATE FUNDING SOURCES.
01:03:38 WE CD HAS A NUMBER OF PROGRAMS .
01:03:41 OBVIOUSLY OUR LOCAL FUNDING WHICH IS ALSO DIVERSE GENERAL
01:03:45 OBLIGATION BONDS, HOUSING TRUST FUNDS FEES THAT WE COLLECT
01:03:49 THERE ARE RENT SUBSIDIES WE REFERENCE SECTION EIGHT
01:03:53 VOUCHERS BUT THERE ARE OTHER KINDS OF VOUCHERS THAT THE CITY
01:03:54 MANAGES AND THEN OUR PROJECTS MANY OF THEM LEVERAGE PRIVATE
01:03:58 DEBT OR COMMERCIAL MORTGAGES. >> SO A VERY DIVERSE FUNDING
01:04:04 SOURCE I THINK IT'S IT'S WORTHWHILE REALLY TAKING THIS
01:04:08 IN BECAUSE A LOT OF OUR STRATEGY AND DECISION MAKING
01:04:12 RELATES TO THE COMPLEXITY OF THE FUNDING.
01:04:13 SO WHAT WE THE REASON WE HAVE BEEN SO SUCCESSFUL RELATIVE TO
01:04:16 OUR PEERS IS THAT WE ARE VERY GOOD AT STRATEGIZING
01:04:19 AND POSITIONING PROJECTS IN ORDER TO TAKE ADVANTAGE OF
01:04:24 THIS MENU OF FUNDING OPTIONS AND IT IS A COMPLEX LANDSCAPE
01:04:27 BUT IT DOES MEAN THAT OUR LOCAL SUBSIDY IS LEVERAGE BRIDGES
01:04:35 TWICE AS MUCH AS BASICALLY WE FUND ABOUT A THIRD OF THE TOTAL
01:04:38 DEVELOPMENT COST FOR OUR PROJECTS.
01:04:41 SO FOR EVERY DOLLAR WE SPEND WE LEVERAGE A COUPLE DOLLARS
01:04:45 IN RESOURCES THAT COME FROM OUTSIDE THE CITY IN ORDER TO
01:04:46 BUILD A HOUSING. SO IT'S A IT'S A CRITICAL
01:04:50 COMPONENT OF OUR WORK IS THAT LEVERAGE OF STATE AND FEDERAL
01:04:54 RESOURCES AND THESE RESOURCES NEXT SLIDE ARE LIMITED
01:05:01 AND COMPETITIVE. >> SO IF WE LIVED IN A WORLD OF
01:05:06 ABUNDANCE WHERE WE BOTH HAD ABUNDANT RESOURCES AT THE LOCAL
01:05:10 LEVEL AND ABUNDANT RESOURCES AT THE STATE AND FEDERAL LEVEL
01:05:13 THERE WOULD BE MUCH LESS STREET STRATEGY NEEDED.
01:05:17 WE COULD WE COULD DO OVER THE COUNTER FOR MANY YEARS TAX
01:05:21 CREDITS FOR INSTANCE WHERE OVER THE COUNTER BUT THEY BECAME
01:05:25 OVER SUBSCRIBED AND NOW THERE'S A THERE'S AN INFRASTRUCTURE
01:05:28 THAT ESTABLISHES COMPETITIVE RULES THAT WE HAVE TO MEET OR
01:05:32 EXCEED IN ORDER TO LEVERAGE THAT FINANCING ALWAYS I SHOULD
01:05:36 SAY WORKING THROUGH OUR NONPROFIT AND AFFORDABLE
01:05:37 HOUSING DEVELOPMENT PARTNERS. >> SO FOR JUST AS AN EXAMPLE,
01:05:43 FEDERAL TAX CREDITS CURRENTLY PRIORITIZE HIGH RESOURCE AREAS
01:05:47 SO THAT SHIFTS WHERE THAT KIND OF GEOGRAPHY OF WHERE WE CAN
01:05:51 LOOK IN ORDER TO MAXIMIZE LEVERAGING AS WELL AS A HIGH
01:05:55 DEGREE OF PERMANENT SUPPORTIVE HOUSING AND SO DEPTH OF
01:05:56 AFFORDABILITY REALLY HELPS TIPPED THE SCALES FOR THESE
01:05:59 RESOURCES HOUSING CHOICE VOUCHERS OR SECTION EIGHT CAN
01:06:05 PROVIDE SUBSIDIES SUFFICIENT TO LEVERAGE SOME DEBT.
01:06:09 SO THAT'S IT'S IT'S A RENT SUBSIDY BUT IT CAN IT CAN
01:06:13 INFLUENCE OUR CAPITAL STACK EXCUSE ME AT THE STATE LEVEL WE
01:06:17 HAVE THERE ARE THERE'S A STATE TAX CREDIT PROGRAM WHICH
01:06:21 REQUIRES EVEN DEEPER AFFORDABILITY.
01:06:22 THE INFRASTRUCTURE INFILL GRANT PROGRAM THAT THE STATE MANAGES
01:06:26 REQUIRES IT ENABLES HOUSING RELATED INFRASTRUCTURE.
01:06:29 NHP REQUIRES VERY DEEP AFFORDABILITY, PCH AND CERTAIN
01:06:33 KINDS OF DEVELOPER EXPERIENCE AND FINALLY THE AFFORDABLE
01:06:37 HOUSING SUSTAINABILITY SUSTAINABLE COMMUNITIES PROGRAM
01:06:40 REQUIRES COORDINATION WITH MTA AND THE IDENTIFICATION OF
01:06:44 ELIGIBLE TRANSPORTATION PROJECTS WHICH AGAIN LIMITS OR
01:06:51 DIRECTS US TO FOCUS ON CERTAIN PROJECTS OVER OTHERS AS WE
01:06:53 PURSUE THAT FUNDING SOURCE WHICH UNFORTUNATELY LOOKS LIKE
01:06:56 IT WILL BE GOING AWAY IN THE FUTURE.
01:06:59 SO UNFORTUNATELY WE CANNOT RELY ON THAT SOURCE IN THE IMMEDIATE
01:07:02 FUTURE. >> OUR LOCAL FUNDING SOURCES
01:07:03 INCLUDE GENERAL OBLIGATION BONDS.
01:07:07 THESE ARE APPROVED BY THE VOTERS WE JUST MENTIONED.
01:07:10 WE'VE HAD SOME SUCCESSFUL VOTER APPROVALS IN RECENT YEARS.
01:07:12 WE HAVE OUR HOUSING TRUST FUND WHICH WE'RE VERY EXCITED WILL
01:07:15 BE ON THE BALLOT TO BE INCREASED DRAMATICALLY AND I
01:07:23 WANT TO APPRECIATE THE LEADERSHIP OF CHAIR MELGAR
01:07:26 IN THAT EFFORT AND CO-SPONSORS SO THAT IS GOING TO BE AN
01:07:31 INCREASINGLY IMPORTANT FUNDING SOURCE FOR FUTURE AFFORDABLE
01:07:32 HOUSING PRODUCTION. >> WE HAVE USED WHAT ARE CALLED
01:07:35 CERTIFICATES OF PARTICIPATION IN THE IN THE PAST WHICH ARE A
01:07:39 FORM OF DEBT THAT THE CITY CAN ISSUE.
01:07:41 WE'VE GOT AN IMPACT FEES THERE ARE CITYWIDE FEES, THERE'S
01:07:45 PROJECT SPECIFIC DEVELOPMENT AGREEMENTS THAT SOMETIMES
01:07:47 INCLUDE CONTRIBUTIONS AND THEN WE HAVE CERTAIN SUBSIDY
01:07:50 PROGRAMS ON THE RENTAL SIDE SUCH AS OUR LOCAL OPERATING
01:07:54 SUBSIDY PROGRAM WHICH SUPPORTS PERMANENT SUPPORTIVE HOUSING
01:07:58 AND OUR AFFORDABLE HOUSING OPPORTUNITY FUND WHICH SUPPORTS
01:08:01 EXTREMELY LOW INCOME HOUSEHOLDS LOCAL FUNDING SOURCES OVER THE
01:08:05 YEARS YOU CAN SEE I THINK THE BIG TAKEAWAY HERE IS THESE BIG
01:08:10 JUMPS REPRESENT THE GO BOND ISSUANCES IN 2015, 2019
01:08:18 AND 2024 THOUGH AS THE BIELA REPORT WILL POINT OUT WE HAD
01:08:22 FOUR BEFORE THE PANDEMIC WE HAD HAD MANY ROBUST YEARS OF
01:08:26 COLLECTION OF INCLUSIONARY FEES AND JOBS HOUSING LINKAGE FEES
01:08:29 AND AT THE START OF THE PANDEMIC THOSE BASICALLY WENT
01:08:30 AWAY OUR FINANCING TOOLS SO WE GET MONEY IN AND WE WE WE SPEND
01:08:40 IT, WE ISSUE IT AND WE DO SO IN A DIFFERENT DIFFERENT TYPES
01:08:45 OF WAY. >> WE ISSUE LOANS AND THESE CAN
01:08:48 BE TWO TYPES OF LOANS A RESIDUAL RECEIPTS LOAN THAT'S
01:08:49 GETS PAID TO THE EXTENT A PROJECT PRODUCES CASH FLOW
01:08:53 AND THEN WE HAVE SOME AMORTIZING DEBT THAT MUST GET
01:08:56 PAID BUT AS A BELOW MARKET RATE WE DO OPERATING SUBSIDIES.
01:09:00 WE HAVE REVOLVING LOAN FUND FOR DOWNPAYMENT ASSISTANCE AND THEN
01:09:05 WE PROVIDE GRANTS FOR HOUSING SERVICES.
01:09:11 THERE ARE SOME NEW AND EMERGING EMERGING FUNDING AND FINANCING
01:09:15 OPPORTUNITIES. THE RECENTLY PASSED AFFORDABLE
01:09:19 HOUSING OPPORTUNITY FUND AS I JUST MENTIONED, PROVIDES
01:09:20 SUBSIDY FOR RENT SUBSIDY FOR EXTREMELY LOW INCOME HOUSEHOLDS
01:09:26 . ALSO JUST MENTIONED THE
01:09:30 EXCITING EXPANSION OF THE HOUSING TRUST FUND WOULD BE ON
01:09:31 THE BALLOT THIS NOVEMBER. >> THERE'S A STATEWIDE
01:09:34 AFFORDABLE HOUSING BOND PLANNED ALSO FOR THE NOVEMBER BALLOT
01:09:38 AND CONVERSATIONS HAVE ALREADY INITIATED ON A POTENTIAL
01:09:42 REGIONAL HOUSING FUNDING MEASURE IN 2028.
01:09:44 THOSE WILL BE IMPORTANT LEVERAGING SOURCES MOVING
01:09:48 FORWARD. >> JUST A QUICK EXAMPLE OF THE
01:09:52 COMPLEXITY OF DEVELOPING AFFORDABLE HOUSING.
01:09:54 >> THIS IS AN IMAGE OF THE UNDER-CONSTRUCTION 1515 SOUTH
01:09:57 VENICE AND THIS JUST GIVES YOU A SENSE OF THE KIND OF
01:10:00 DIVERSITY OF FUNDING SOURCES THAT ARE NEEDED IN ORDER TO
01:10:02 FUND SUCH A PROJECT. >> OUR PIPELINE IS, YOU KNOW,
01:10:07 QUITE CITYWIDE THOUGH THERE'S STILL A PREPONDERANCE ON
01:10:12 PRIORITY EQUITY GEOGRAPHIES WHERE TRADITIONALLY WHERE WE
01:10:15 BUILT AFFORDABLE HOUSING I WILL SAY THAT THAT WILL SHIFT
01:10:17 AND HAS SHIFTED OVER TIME. IN 2023 WE ISSUED A NO FOR TO
01:10:20 SELECT SITES ON IN HIGH OPPORTUNITY AREAS WHICH WERE
01:10:24 PRIMARILY ON THE WEST SIDE. SO WE ARE INTRODUCING GREATER
01:10:28 GEOGRAPHIC DIVERSITY IN OUR PIPELINE BUT RELATIVE TO
01:10:31 AND THAT WILL THAT WILL CONTINUE AS THE STATE PROVIDES
01:10:35 ADDITIONAL INCENTIVES FOR THOSE GEOGRAPHIES.
01:10:39 SO YOU'LL THIS MAP WILL SHIFT OVER TIME BUT IT BUT IT IS AN
01:10:42 ACCURATE REFLECTION OF WHERE WE ARE TODAY IN TERMS OF OUR
01:10:46 PIPELINE. >> REALLY QUICKLY JUST THE
01:10:49 POPULATIONS WE SERVE. NEARLY 50% OF OUR HOUSING
01:10:53 SERVES SENIORS THAT'S BOTH A FUNCTION OF THE FACT THAT WE
01:10:57 BUILD SENIOR HOUSING THAT'S RESTRICTED FOR FOLKS ABOVE 62
01:11:00 AND THE FACT THAT FOLKS STAY IN OUR HOUSING AND THEY AGE
01:11:04 INTO SENIOR SENIOR HOOD AND AREN'T DISPLACED.
01:11:09 SO THAT'S A SIGN OF OUR SUCCESS .
01:11:12 ABOUT A THIRD OF OUR HOUSING IS HOUSING WITH FAMILIES AND WE
01:11:17 SERVE A PREPONDERANCE OF BIPOC RESIDENTS ACROSS DIFFERENT
01:11:21 DEMOGRAPHICS ABOUT 15 THOUSAND A LITTLE LESS THAN HALF OF OUR
01:11:25 TOTAL PORTFOLIO IS SET ASIDE FOR SPECIFIC POPULATIONS BE
01:11:29 THEY SENIORS, HOMELESS HOUSEHOLDS OR FORMERLY HOMELESS
01:11:33 HOUSEHOLDS. VETERANS OR TRANSITION AGED
01:11:37 YOUTH. >> THERE'S A SLIDE ON HOUSING
01:11:41 APPLICANTS AND JUST TO GIVE YOU A SENSE I MEAN I THINK THERE
01:11:44 ARE A COUPLE OF TAKEAWAYS IN GENERAL THE PLACEMENTS
01:11:48 REFLECT ROUGHLY WHO IS APPLYING SO THAT WE GET WE GET FAIRLY
01:11:52 GOOD BALANCE IN TERMS OF APPLICANT DEMOGRAPHICS AND THE
01:11:53 ULTIMATE DEMOGRAPHICS OF THE OF THE HOUSEHOLDS WE SERVE.
01:11:57 >> YOU'LL NOTE A BIG DISCREPANCY BETWEEN TOTAL
01:12:00 APPLICATIONS AND THE NUMBER OF UNITS WE HAVE AVAILABLE SO
01:12:03 THAT'S THAT'S SOMETHING WE NEED TO WORK ON.
01:12:08 WHAT WE'D LOVE TO DO IS GET THAT NUMBER UP THE NUMBER OF
01:12:11 UNITS WE HAVE AVAILABLE SO WE CAN SERVE MORE PEOPLE BUT
01:12:14 THAT'S THAT GIVES YOU A SENSE OF PLACEMENTS VERSUS
01:12:19 APPLICATIONS. >> THIS NEXT SLIDE IS A LITTLE
01:12:22 REDUNDANT TO OUR OUR PORTFOLIO SLIDE IT AGAIN IT SHOWS THE
01:12:27 REALLY THE PREPONDERANCE OF WHERE THE OPPORTUNITIES ARE.
01:12:28 THEY'VE GENERALLY BEEN IN THE SOUTHEAST SECTOR OR THE CENTER
01:12:31 OF THE CITY AND AS I SAY WE HOPE TO AND PLAN TO EXPAND INTO
01:12:35 THE WEST SIDE WITH GREATER GREATER PRODUCTION IN THE YEARS
01:12:41 AHEAD. >> WE'RE NEARING THE END JUST A
01:12:45 FEW SLIDES LEFT THE RENTAL HOUSING SO WE WE USE THIS
01:12:49 TERMINOLOGY AMAZ I USE IT AS IF I WAS BORN SPEAKING THIS WAY
01:12:54 BUT I WASN'T I HAD TO LEARN ALL THESE ACRONYMS AREA MEDIAN
01:12:57 INCOME IT'S A WAY TO THINK ABOUT HOW MUCH A HOUSEHOLD
01:13:01 MAKES AND SO EXTREMELY LOW INCOME HOUSEHOLDS REALLY ARE
01:13:04 IN THE 0 TO 30%. I 30 TO 50% IS CONSIDERED VERY
01:13:08 LOW. WE HAVE LOW INCOME HOUSEHOLDS
01:13:11 AT 51 TO 80 AND THEN OVER 80 JUST AS I'VE CALLED OUT I'M
01:13:17 SURE PREVIOUSLY OUR PRIMARY FUNDING SOURCE FOR RENTAL
01:13:18 HOUSING IS THE TAX CREDIT PROGRAM.
01:13:21 >> IT CAPS OUT AT 80% AMI AND UNTIL A FEW YEARS AGO THE
01:13:25 CAP WAS 60%. AMI SO IN GENERAL WHEN WE
01:13:26 ACCESS THAT PROGRAM WE'RE WE'RE SEEING UNITS THAT ARE BELOW 80%
01:13:32 AND REALLY IN THAT 30 TO 50%. AMI SO THERE'S A THERE'S A
01:13:37 FINANCING THAT CONTRIBUTE TO THIS AMI RANGE ABOVE 80 IS
01:13:43 GENERALLY ATTENDED TO THROUGH INCLUSIONARY PRODUCTION
01:13:47 AND I'LL JUST AND IT LIKELY WILL COME UP IN OUR
01:13:51 CONVERSATION THAT 0 TO 30% AMI IT'S IT'S VERY HARD FOR US TO
01:13:55 REACH THAT DEPTH OF AFFORDABILITY WITHOUT A RENT
01:13:58 SUBSIDY THOSE RESIDENTS DON'T PAY ENOUGH RENT TO SUPPORT
01:13:59 OPERATING COSTS SO WE NEED THAT SUBSIDY THOUGH NOT A PRODUCTION
01:14:06 ISSUE. >> WE ARE VERY INTERESTED
01:14:07 IN KEEPING PEOPLE HOUSED ONCE THEY HAVE HOUSING SO WE DO FUND
01:14:10 HOUSING PLACE BASED SERVICES AS I MENTIONED TENANT RIGHT TO
01:14:14 COUNSEL AS WELL AS IMMIGRATION AND FAMILY LAW LEGAL SERVICES
01:14:18 AND RENTAL HOUSING COUNSELING ALL OF WHICH ARE INTENDED TO
01:14:22 HELP KEEP PEOPLE SUCCESSFULLY HOUSED.
01:14:26 WE DO PRODUCE A NUMBER OF REPORTS I REALLY ENCOURAGE
01:14:30 FOLKS TO LOOK ON OUR WEBSITE FOR OUR ANNUAL REPORT WHICH
01:14:33 INCLUDES A NUMBER OF EXHIBITS THAT HAVE REALLY GOOD
01:14:37 INFORMATION IN A IN A USER FRIENDLY WAY TO LOOK AT OUR
01:14:41 PRODUCTION THE PREVIOUS YEAR. WE DO HAVE A ALSO VERY USER
01:14:44 FRIENDLY ONLINE HOUSING DASHBOARD.
01:14:45 SO I ENCOURAGE FOLKS TO GO THERE AND THEN A NUMBER OF
01:14:49 OTHER PLANS THAT ARE REQUIRED EITHER BY HUD OR WORKING WITH
01:14:52 THE PLANNING DEPARTMENT ON EACH CD REQUIREMENTS.
01:14:58 >> JUST A COUPLE OF CHALLENGES AND OPPORTUNITIES TO TO END
01:15:02 HERE. SO OUR CHALLENGES YOU KNOW WE
01:15:08 HAVE THESE PRODUCTION MANDATES AND QUOTATION MARKS BUT THEY
01:15:10 DON'T COME WITH ANY MONEY SO WE NEED MORE MONEY.
01:15:14 THE FEDERAL GOVERNMENT IS NOT A ALLY OR A COLLABORATOR WHEN IT
01:15:20 COMES TO AFFORDABLE HOUSING PRODUCTION.
01:15:24 A LOT OF WHAT WE DO ON THE HOUSING AUTHORITY NOT NOW IS ON
01:15:26 THE HOUSING SORT EXCUSE ME THE HOUSING AUTHORITY SIDE NOW IS
01:15:29 PLAY DEFENSE SO THAT REALLY CONSTRAINS OUR THE
01:15:32 OPPORTUNITIES WE HAVE STATES THAT SUBSIDIES VERY COMPETITIVE
01:15:36 AND AND THE UNCERTAINTY AT THE FEDERAL LEVEL IS DISCONCERTING
01:15:41 AT THE VERY LEAST OUR OPERATING EXPENSES REALLY ARE A CHALLENGE
01:15:44 FOR US. A LOT OF OUR PROJECTS ARE
01:15:48 RUNNING IN THE RED MEANING THEY CAN'T MEET THEIR OPERATING
01:15:51 OBLIGATIONS. WE HAVE LIMITED FUNDING THOUGH
01:15:55 AGAIN EXCITED ABOUT THE HOUSING TRUST FUND TO COME AND WE'VE
01:15:57 SEEN A REDUCTION IN OUR FEES COMING IN AS A RESULT OF LACK
01:16:04 OF PRODUCTION IN THE OFFICE AND RESIDENTIAL MARKET.
01:16:07 >> BUT WHAT'S WORKING WE DO HAVE SOME REALLY FANTASTIC
01:16:11 LOCAL SUBSIDY PROGRAMS. WE HAVE GREAT PARTNERSHIPS LIKE
01:16:15 WITH THE HOUSING ACCELERATOR FUND TO DO INNOVATIVE WORK WITH
01:16:18 PUBLIC LANDS AND AS I SAY WE'RE VERY COMPETITIVE FOR OUR STATE
01:16:20 FUNDING SOURCES. WE HAVE NEW STATE REGULATION
01:16:24 THAT ALLOWS STREAMLINED ENTITLEMENTS AND WE HAVE A
01:16:30 GREAT NETWORK OF PARTNERS TO WORK WITH ACROSS THE CITY
01:16:32 AND STRONG PROGRAMS TO KEEP PEOPLE HOUSED.
01:16:35 THANK YOU FOR THAT. I THINK IT'S SURPRISINGLY LINK
01:16:40 I THINK PRESENTATIONS WE THANK YOU FOR FOR YOUR PRESENTATIONS
01:16:45 I DO HAVE SOME QUESTIONS YOU IN YOUR REPORT IN THE AVERAGE
01:16:53 LENGTH OF DEVELOPMENT FOR A NEW AFFORDABLE HOUSING PROJECT IT'S
01:16:57 SEVEN YEARS WHY DOES THIS PROCESS TAKE SO LONG AND WHAT
01:17:01 DOES THE CITY NEED TO DO TO CUT DOWN THIS DEVELOPMENT TIMELINE?
01:17:04 >> WELL, AS I MENTIONED, I THINK WE'VE MADE GREAT STRIDES
01:17:08 ON THE ENTITLEMENT SIDE WHERE THE STREAMLINING HAS REALLY
01:17:09 WORKED AND THE BIGGEST CHALLENGE WE HAVE IS THE PACING
01:17:12 OF PROJECTS AND THE WAITING FOR CERTAIN STATE FUNDING SOURCES
01:17:16 PRIMARILY. SO THAT IS THE BIGGEST
01:17:19 IMPEDIMENT THE THERE'S THERE THERE WILL BE ADVANCEMENT AT
01:17:24 THE STATE LEVEL AGAIN THEY'RE FORMING A CONSOLIDATED HOUSING
01:17:27 FINANCE AGENCY WHICH WILL BETTER COORDINATE BETWEEN THE
01:17:31 TAX CREDIT PROGRAM AND THE MYRIAD OF HUD EXCUSE ME CD
01:17:35 FUNDING SOURCES. SO THERE'LL BE A KIND OF A ONE
01:17:38 STOP SHOP SO WE SHOULD SEE THIS TIMELINE REDUCED.
01:17:42 THE OTHER PIECE OF THE PUZZLE THAT CAN INCREASE THE LENGTH OF
01:17:49 TIME IT'S JUST HAVING AVAILABLE RESOURCES I MEAN EXCUSE ME
01:17:53 THERE'S AFFORDABLE HOUSING PRODUCTION REQUIRES SUBSIDY.
01:17:58 IT NEEDS AN INFUSION OF PUBLIC DOLLARS IN ORDER FOR IT TO
01:18:02 HAPPEN AND SO MORE RESOURCES MEANS MORE PRODUCTION.
01:18:09 SO THERE'S THERE'S TIMES WE HAVE TO TELL A PROJECT HEY,
01:18:11 YOU'VE GOT TO BE PENCILS DOWN, YOU'VE GOT TO TAKE A PAUSE
01:18:13 BECAUSE WE DON'T HAVE THE THE CAPITAL THE GAP FINANCING
01:18:17 IDENTIFIED. SO IT NEEDS TO WAIT UNTIL WE
01:18:20 GET THE REQUIRED RESOURCES IN ORDER TO MOVE IT FORWARD.
01:18:22 SO I THINK BETWEEN THE STATE REFORMS AND THEN JUST HAVING
01:18:25 MORE RESOURCES, THOSE ARE GOING TO BE THE CRITICAL ASPECTS
01:18:29 IN INCREASING OUR PRODUCTION SPEED.
01:18:33 >> SO AS I'M REFERRING TO THE IT'S ABOUT SEVEN YEARS.
01:18:37 SO YOU MENTIONED EARLIER THAT CONSTRUCTION TAKES ABOUT TWO
01:18:41 YEARS. SO THE REST OF THE FIVE YEARS
01:18:43 IT'S BASICALLY FINANCING WELL IT IS ENTITLEMENT SO THERE'S
01:18:47 STILL A PROCESS FOR GETTING YOUR APPROVAL PROCESS.
01:18:50 I MEAN IT'S IT'S MUCH FASTER THAN IT USED TO BE AND THIS
01:18:54 WOULD BE YOU KNOW, THIS WE HAVE PROJECTS THAT HAVE AND CAN MOVE
01:18:58 MORE QUICKLY THAN SEVEN YEARS BUT THEN WE'VE HAD PROJECTS
01:18:59 THAT HAVE WAITED MANY YEARS IN GENERAL IT'S BECAUSE OF THAT
01:19:02 THE NEED TO LEVERAGE FINANCING AND YOU JUST QUEUE UP SO YOU
01:19:06 APPLY FOR YOU APPLY FOR M H P THE MULTIFAMILY HOUSING PROGRAM
01:19:10 AT STATE YOU DON'T GET IT. YOU GO IN THE FOLLOWING YEAR
01:19:14 YOU DON'T GET IT. SO LIKE THAT IS OFTEN WHAT
01:19:16 ELONGATES THE PROCESS BUT THERE'S STILL AN UPFRONT
01:19:17 ENTITLEMENT PERIOD. YOU'VE GOT TO DESIGN THE
01:19:21 BUILDING. THERE'S A PERMITTING PIECE
01:19:24 WHERE YOU GET THE PERMIT SO THOSE ARE GOING TO TAKE A
01:19:26 SIGNIFICANT THOSE WILL TAKE YEARS BUT THERE IS THE THE THE
01:19:32 POTENTIAL ACCORDION PART WHICH CAN EXPAND OR CONTRACT IS
01:19:36 REALLY THE FINANCING. >> THANK YOU.
01:19:39 >> AND IN YOUR SLIDE OF AFFORDABLE HOUSING FUNDING
01:19:40 STACK I ACTUALLY DIDN'T SEE YOU MENTION A PRIVATE PHILANTHROPIC
01:19:47 DOLLARS YOU KNOW I'VE BEEN HEARING THAT ABOUT HOW A
01:19:50 MAYOR HAS BEEN REALLY EFFECTIVE IN SECURING PRIVATE
01:19:54 PHILANTHROPIC SUPPORT FOR KEY INITIATIVES.
01:19:55 >> WHAT CAN WE DO TO ENSURE THAT THIS KIND OF SUPPORT IS
01:19:59 ALSO DIRECTED TOWARDS OUR AFFORDABLE HOUSING PRIORITIES?
01:20:02 >> GREAT QUESTION. SO WE HAVE BENEFITED FROM
01:20:06 PHILANTHROPIC SUPPORT IN A COUPLE OF AREAS WHICH I THINK
01:20:10 WE WANT TO CONTINUE TO PURSUE. FIRST OF ALL IN OUR
01:20:11 COLLABORATIVE WORK WITH H THERE'S FUNDS THAT HAVE COME
01:20:15 FOR THE BREAKING THE CYCLE WORK TO SUPPORT INNOVATIVE
01:20:19 ACTIVITIES REALLY DIRECTED AT ALLEVIATING THE HOMELESSNESS
01:20:25 CRISIS IN THE CITY. OFTENTIMES THOSE ARE DIRECTED
01:20:28 TOWARD MORE TEMPORARY OR TRANSITIONAL OR INTERIM HOUSING
01:20:35 SOLUTIONS THAT DON'T ROLL UP DIRECTLY TO THIS OFFICE SO
01:20:36 THEY'RE LESS LIKELY TO SHOW UP IN OUR KIND OF REPORTING.
01:20:40 BUT WE ARE SUPPORTING EFFORTS TO DIRECT PHILANTHROPIC DOLLARS
01:20:44 INTO THE COST SAVING IMPROVEMENTS IN OUR EXISTING
01:20:48 AFFORDABLE HOUSING PORTFOLIO. >> SO AGAIN, IT'S NOT SO MUCH
01:20:53 OF A PRODUCTION MEASURE AS IT IS HEY, IF WE COULD GET THESE
01:20:56 PLUMBING IMPROVEMENTS WE'D HAVE FEWER INSURANCE CLAIMS AND OUR
01:21:00 INSURANCE RATES WOULD GO DOWN AND THEN OUR OPERATING COSTS
01:21:05 WOULD BE SAVED. SO THERE IS PHILANTHROPIC
01:21:06 DOLLARS THAT ARE FLOWING TO THAT EFFORT AS WE SPEAK.
01:21:08 THE THE OTHER AREA WHERE WE SEE PHILANTHROPIC ENGAGEMENT IS
01:21:13 THROUGH OUR PARTNERSHIPS WITH THE HOUSING ACCELERATOR FUND.
01:21:15 THEY HAVE SOME VERY FAVORABLE LOAN ACCESS TO LOAN DOLLARS
01:21:23 LOAN FUNDS THAT HAVE HELPED SPUR A COUPLE OF AFFORDABLE
01:21:27 HOUSING DEVELOPMENTS. THE RECENTLY COMPLETED 1633
01:21:31 VALENCIA FOR EXAMPLE, USED A REVOLVING LOAN PHILANTHROPIC
01:21:35 REVOLVING LOAN TO ACCELERATE PRODUCTION AT THAT SITE.
01:21:39 SO IT'S USUALLY THROUGH A PARTNERSHIP WITH LIKE A HALF OR
01:21:43 ANOTHER NONPROFIT ENTITY THAT WE SEE THOSE PHILANTHROPIC
01:21:47 DOLLARS I WILL SAY IN GENERAL WE DON'T SEE A LOT OF
01:21:50 FOUNDATION INVOLVEMENT IN WHAT I'LL CALL TRADITIONAL
01:21:54 AFFORDABLE HOUSING WHERE YOU'VE GOT FIVE, SIX, SEVEN DIFFERENT
01:21:58 SOURCES OF FUNDING. IT'S GOING TO COST A BUNCH OF
01:22:02 MONEY. PHILANTHROPY IS GENERALLY
01:22:04 WANTED TO WORK AROUND FINDING EITHER INNOVATIVE WAYS TO MAKE
01:22:09 PROCESS IMPROVEMENTS. SO WE'LL SEE IT ON A PROJECT
01:22:12 SPECIFIC BASIS OR WILL WANT TO SEE FUNDS REVOLVE.
01:22:16 SO IT'S IT'S MORE OF A DEBT PRODUCT THAN A PURE SUBSIDY
01:22:21 PRODUCT AND GIVEN OUR COSTS IN SAN FRANCISCO THAT CAN BE
01:22:24 HARD EVEN WITH FAVORABLE DEBT IT DOESN'T IT DOESN'T MOVE THE
01:22:27 NEEDLE AS DRAMATICALLY ON FEASIBILITY AS IT MIGHT
01:22:30 IN DIFFERENT KINDS OF HOUSING SOLUTIONS.
01:22:34 THANK YOU FOR THE ANSWERS. YOU ALSO REPORTED THAT NEARLY
01:22:37 10,000 UNITS ACROSS ALMOST 200 PROJECTS THAT ARE IN THE
01:22:41 PIPELINE. >> HOW MUCH LOCAL FUNDING
01:22:44 SUPPORT IS NEEDED ANNUALLY IN ORDER TO FULLY FUND OUR
01:22:46 EXISTING PIPELINES? >> GREAT QUESTION.
01:22:49 SO I THINK THAT ONE THING IS THE 10,000 UNIT FIGURE REALLY
01:22:53 INCLUDES A LOT OF INCLUSIONARY UNITS.
01:22:55 IT SHOWS UP IN OUR IN THE CITY'S PIPELINE BUT IT REALLY
01:22:59 ISN'T MOST KDS PIPELINE A QUICK LOOK I THINK WE HAVE MORE LIKE
01:23:03 66 PROJECTS AND SOME OF THESE ARE ALREADY FUNDED AND UNDERWAY
01:23:07 SO I CAN GET A MORE PRECISE FIGURE.
01:23:08 WE'RE STILL TALKING ABOUT THOUSANDS OF UNITS I WILL SAY
01:23:11 BUT IT'S A LITTLE BIT IT'S FEWER THAN THE TWO OUT EXCUSE
01:23:14 ME THE 10,002 HUNDRED PROJECTS IT'S STILL A BUNCH WE HAVE A
01:23:17 VERY ROBUST PIPELINE AND NOT TO BE TOO IMPRECISE BUT IT WOULD
01:23:21 BE A LOT OF MONEY. WE NEED A LOT OF MONEY TO MOVE
01:23:25 THAT PIPELINE FORWARD. IN GENERAL YOU CAN CALCULATE
01:23:29 ARE WE'VE WE FUND PROJECTS IN GENERAL ABOUT 250 TO
01:23:35 $300,000 PER UNIT. SO IF YOU IF YOU WANT TO DO 100
01:23:39 UNITS YOU NEED 25 MILLION BUCKS, 30 MILLION BUCKS.
01:23:42 >> SO IT'S FAIRLY EASY MATH WHEN YOU'RE TALKING ABOUT KIND
01:23:46 OF OUR TRADITIONAL AFFORDABLE HOUSING WHICH LEVERAGES TAX
01:23:49 CREDITS AND OTHER STATE FUNDING SOURCES.
01:23:53 >> THAT'S HOW THAT'S THE THAT'S THE MATH YOU CAN USE.
01:23:56 OKAY. SO JUST TO RECAP 60 ABOUT 66
01:23:59 PROJECTS AND OUT OF 66 PROJECT MANY WHAT WHAT IS THE PORTION
01:24:04 YOU REMEMBER LIKE PERCENTAGE THAT IT'S ALREADY FULLY FUNDED
01:24:08 IN THE PIPELINE RIGHT I DON'T HAVE THAT IS ABOUT 7000 TOTAL
01:24:12 UNITS I WOULD SAY PROBABLY A THOUSAND OF THEM ARE ALREADY
01:24:15 FUNDED SO WE COULD SAY 6000 UNITS FOR 6000 UNITS.
01:24:21 SO THAT MEANS WE DO THE MATH 250 TO 300 K PER UNIT TIMES THE
01:24:27 6000. >> THAT'S RIGHT.
01:24:28 THE TOTAL AMOUNT THAT'S RIGHT. IT'S A BIG NUMBER.
01:24:31 >> IT'S A BIG NUMBER. YEAH.
01:24:32 OKAY. CAN YOU ALSO CLARIFY IF THERE
01:24:35 IS A DIFFERENCE FIGURE FOR THEIR LOCAL FUNDING NEEDED TO
01:24:36 BUILD OUR PIPELINE THAN THE LOCAL FUNDING THAT'S NEEDED TO
01:24:40 ACHIEVE OUR GOALS? SO I THINK I'M YOU JUST KIND OF
01:24:44 ANSWER IT SO MY UNDERSTANDING THING IS EVEN IF WE FULLY FUND
01:24:48 THE PIPELINE THE PIPELINE WE WOULD STILL NEED TO GO FURTHER
01:24:52 IN ORDER TO ACHIEVE OUR RANGE GOAL.
01:24:55 >> THAT'S CORRECT. THAT'S GREAT.
01:24:56 I MEAN I DO THINK THE ARENA THE ARENA GOAL INCLUDE FOOD.
01:25:03 SO OUR YOU KNOW THE FIGURES I WAS JUST GIVING WHICH YOU KNOW
01:25:05 THE MORE KIND OF TRADITIONAL WE WORK WITH THE NONPROFIT WE'RE
01:25:08 BUILDING TAX CREDIT AFFORDABLE HOUSING 100% AFFORDABLE HOUSING
01:25:10 RINA DOES EXTEND INTO OTHER AREAS MORE MODERATE INCOME
01:25:14 HOUSING WHICH IS INCLUDED IN THE AFFORDABILITY ZONE OR
01:25:18 SET OF CATEGORIES WHICH WOULDN'T BE AS RELIANT ON
01:25:22 SUBSIDY. SO THERE'S A LITTLE BIT OF
01:25:23 NUANCE THERE BUT THE ARENA GOALS ARE VERY AMBITIOUS
01:25:30 AND THEY EVEN THOUGH WE HAVE A ROBUST PIPELINE, THE ARENA
01:25:33 GOALS ARE EVEN MORE ROBUST. SO IT WOULD REQUIRE I THINK
01:25:38 MULTIPLE TIMES MORE FUNDING TO MEET THOSE ARENA GOALS.
01:25:43 I CERTAINLY ACCORDING TO THAT TIMELINE THAN THAN JUST WHAT
01:25:46 WE'RE CALCULATING FOR OUR EXISTING PIPELINE.
01:25:50 >> THE OTHER PART THAT RINA RINA SETS A GOAL ACCORDING TO
01:25:56 AN EIGHT YEAR CYCLE AS I MENTIONED IT DOESN'T COME WITH
01:25:58 ANY FUNDING TO SUPPORT PRODUCTION NOR DOES IT
01:26:01 RECOGNIZE THE LEVERAGING THAT I WAS JUST DESCRIBING THE FACT
01:26:04 THAT OUR LOCAL DOLLARS EVEN IF THEY GAVE US EVERYTHING WE NEED
01:26:08 IT FOR OUR LOCAL DOLLARS THEY WOULD ALSO NEED TO PROVIDE THE
01:26:11 STATE THE MONEY FOR THE MATCHING DOLLARS IN ORDER TO
01:26:13 MAKE THE PRODUCTION NUMBERS WORK.
01:26:16 SO THERE'S THERE'S A KIND OF FUNDING FAILURE ON MULTIPLE
01:26:19 LEVELS WHEN IT COMES TO THE ARENA GOALS.
01:26:20 >> THANK YOU. >> A FEW MORE QUESTIONS.
01:26:24 I KNOW SUPERVISOR MALKA HAS PROPOSED IT FOR THE BALLOT A
01:26:27 CHARTER AMENDMENT TO INCREASE OUR AFFORDABLE HOUSING TRUST
01:26:31 FUND TO 125 MILLIONS PER YEAR. THANK YOU CHAIR MALKA FOR YOUR
01:26:34 LEADERSHIP ON THIS. I KNOW THAT THIS IS AN
01:26:38 IMPORTANT PART OF ONE OF THE SOLUTIONS AND I WOULD LIKE TO
01:26:41 KNOW IF SAN FRANCISCO VOTERS APPROVE THIS AND HOW MANY OF
01:26:45 THE UNFUNDED UNITS IN OUR PIPELINE WOULD REMAIN.
01:26:49 >> WELL, AGAIN, JUST USING THE MATH I PROVIDED EARLIER AT $125
01:26:52 MILLION A YEAR IF ALL OF THAT WERE DEDICATED TO NEW
01:26:53 PRODUCTION, IT WOULD BE 4 TO 500 UNITS ANNUALLY UNDER UNDER
01:26:59 THAT RUBRIC. >> NOW THE BEAUTY OF A
01:27:03 PERMANENT SOURCE ESPECIALLY ONE THAT'S GROWING IN THE INITIAL
01:27:04 YEARS IS WE CAN ISSUE DEBT AGAINST THAT SOURCE SO WE CAN
01:27:07 WE CAN PRIME THE PUMP AS IT WERE.
01:27:11 WE CAN ISSUE DEBT THAT EXCEEDS THE ANNUAL CONTRIBUTION NOW
01:27:14 THAT CARRIES DEBT SERVICE OBLIGATIONS BUT WE LIKELY BE
01:27:16 ABLE TO INCREASE THAT PRODUCTION NUMBER AS THE TRUST
01:27:19 FUND GROWS BECAUSE WE CAN ISSUE BONDS OR OTHER FORMS OF DEBT
01:27:23 AGAINST THAT FUNDING STREAM. SO THIS IS THIS IS THE POWER OF
01:27:28 HAVING A PERMANENT SOURCE IS THAT YOU CAN ISSUE DEBT AGAINST
01:27:31 IT AND IT'S LIKELY THAT WE CAN LOOK AT OTHER KINDS OF
01:27:37 INNOVATIVE STRUCTURES LIKE REVOLVING LOAN FUNDS.
01:27:38 YOU KNOW, WE CAN WE CAN DO BETTER PLANNING BECAUSE WE HAVE
01:27:41 THAT CERTAINTY BUT IN ORDER TO REALLY BOOST PRODUCTION WE'RE
01:27:46 GOING TO WANT TO BE ADVOCATE AT THE STATE FOR THE STATE BOND
01:27:50 MEASURE AND GET OUT THE VOTERS FOR THAT IN 2026 AND WE'RE
01:27:56 GOING TO WANT TO BE VERY ACTIVE IN ENCOURAGING A REGIONAL
01:28:00 HOUSING FUNDING MEASURE IN 2028.
01:28:01 WE'LL NEED THOSE OTHER SOURCES REALLY TO ADVANCE OUR PIPELINE
01:28:04 AND PRODUCTION WORK OVER AND ABOVE THE HOUSING TRUST
01:28:08 FUND. >> SO WITH THE WITH THE FUND
01:28:14 INCREASE, IF THE VOTERS APPROVE IT.
01:28:18 SO BECAUSE RAIN OUR GOAL IS ALSO INCLUDING YOU MENTIONED
01:28:19 THE MODERATE INCOME HOUSINGS RIGHT?
01:28:22 >> SO WHAT WOULD THE NUMBER I JUST GIVE ON TOP OF YOUR HEAD
01:28:26 THE BEST ESTIMATE OF BY HOW MANY UNFUNDED UNIT IN OUR
01:28:30 OBLIGATION WOULD CONTINUE TO REMAIN.
01:28:33 >> THIS IS LIKE AN SAT NIGHTMARE LAST NIGHT YOU GOT
01:28:38 NUMBERS TO FINANCE. >> WE ARE GOOD NUMBERS.
01:28:42 YEAH I WILL I DO. >> I'M GOING TO MY IF I SPENT
01:28:51 MY DAYS JUDGING OUR SUCCESS RELATIVE TO THE STATE ARENA
01:28:59 GOALS I WOULD BE VERY DEPRESSED.
01:29:00 LET ME JUST SAY THAT THE THE ARENA GOALS ARE VERY AMBITIOUS
01:29:07 AND AS THE AS THE BILL REPORT AND HAS BEEN AS WE'VE TALKED
01:29:12 ABOUT PREVIOUSLY, THE AMOUNT OF INVESTMENT TO ACHIEVE THAT IS
01:29:16 IN THE BILLIONS OF DOLLARS I THINK THEY SAID $17.9 BILLION.
01:29:19 >> SO MY FOCUS IS REALLY ON WHAT WE CAN DO WITH THE
01:29:23 RESOURCES THAT WE HAVE WITH THE POLITICAL OPPORTUNITIES THAT WE
01:29:27 HAVE WITH THE PARTNERSHIP AND THE EXPERTISE THAT WE HAVE
01:29:32 TO INCREASE OUR PRODUCTION TO THE MAXIMUM DEGREE POSSIBLE.
01:29:35 I DON'T I DON'T SPEND A LOT OF TIME AND NOR AM I ABLE TO RIGHT
01:29:40 NOW CALCULATING DEFICITS. I'D RATHER FOCUS ON WHERE WE'RE
01:29:43 STRONG AND WHERE WE NEED TO GET STRONGER.
01:29:47 >> GREAT. YOU HAVE GOOD PARTNERS HERE TO
01:29:51 CONTINUE TO MOVE FORWARD FOR A MORE STRATEGY IS TO CONTINUE TO
01:29:55 BUILD MORE AFFORDABLE HOUSING. >> THAT'S GOOD TO TO YOU KNOW I
01:29:58 ALSO WANT TO SWITCH GEARS TO DRAW ATTENTION TO MOST NEEDS
01:30:02 UNMET NEEDS IN AFFORDABLE HOUSING DELIVERY SYSTEM.
01:30:06 I UNDERSTAND THAT MOST CITY CONDUCTS EXTENSIVE NEEDS
01:30:11 ASSESSMENT ON A PERIODIC BASIS AND YOU HAVE IDENTIFIED GAPS
01:30:15 IN SERVING SPECIFIC POPULATIONS WHERE YOU SAY IN THIS THIS IS A
01:30:19 QUESTION OF ADDITIONAL INVESTMENT AND OR ARE THERE
01:30:24 PROGRAMMATIC CHANGES OR NEW TORT THAT IS NEEDED TO BE ADDED
01:30:27 TO THE TOOLBOX IN ORDER TO BETTER SERVE THIS POPULATIONS?
01:30:34 >> FUNDAMENTALLY THIS IS A RESOURCE SCARCITY QUESTION.
01:30:38 THERE ARE ALWAYS OPPORTUNITIES FOR PROGRAM REFINEMENTS
01:30:42 AND FINDING NEW TOOLS IN GENERAL THOSE DO REPRESENT
01:30:46 REFINEMENTS. THEY DON'T REPRESENT SORT OF
01:30:47 KEY CHANGES OR DRASTIC INCREASES IN PRODUCTION ARE WE
01:30:56 I WOULD SAY WE DO A VERY GOOD JOB OF SERVING A DIVERSITY OF
01:31:00 NEEDS. WE HAVE TO BALANCE OUR
01:31:04 ANALYTICAL NEEDS ASSESSMENT WORK WITH BEING OPPORTUNISTIC,
01:31:11 GIVEN VERY SPECIFIC FUNDING PRIORITIES THAT MAY BE OUTSIDE
01:31:16 OF OUR CONTROL. SO AS AN EXAMPLE, WHEN THE
01:31:19 PANDEMIC HIT AND THE GOVERNOR CREATED PROJECT ROOMKEY
01:31:23 AND THEN PROJECT HOMEKEY THAT CREATED A LOT OF FUNDING
01:31:27 OPPORTUNITY FOR PERMANENT SUPPORTIVE HOUSING.
01:31:33 WE ALSO HAD AN ACCRUED BALANCE UNDER OUR CITY HOME FOR THE
01:31:37 SAME PROGRAM TYPE PROJECT TYPE AND OBVIOUSLY THERE WAS A REAL
01:31:42 NEED FOR THAT IN THE COMMUNITY SO WE TOOK ADVANTAGE OF THOSE
01:31:48 THAT CONVERSION OR CONFLUENCE OF OF FINANCIAL OPPORTUNITIES
01:31:53 TO REALLY INVEST IN ACQUISITIONS AND PRODUCTION
01:31:56 OF PERMANENT SUPPORTIVE HOUSING.
01:31:57 SO WE ALWAYS WANT TO BE IN A POSITION WHERE WE CAN TAKE
01:32:01 ADVANTAGE OF THOSE OPPORTUNITIES EVEN AS WE'RE
01:32:04 DELIBERATE AND DILIGENT AND LOOKING AT WHAT OUR NEEDS
01:32:08 ARE. SO THERE'S ALWAYS A BALANCING
01:32:09 ACT BUT I JUST I, I CAN'T EMPHASIZE STRONGLY ENOUGH THAT
01:32:15 IT YOU KNOW, WE CAN DO MORE WORK WITH MORE RESOURCES
01:32:20 AND UNDER A RESOURCE CONSTRAINED ENVIRONMENT THERE'S
01:32:21 ALWAYS GOING TO BE TRADEOFFS BETWEEN CERTAIN POPULATION
01:32:24 GROUPS. >> THE LAST THING I'LL SAY IS
01:32:27 ONE OF THE AND I MENTIONED THIS EARLIER IS YOU KNOW THERE'S
01:32:30 BOTH FUNDING ON THE UPFRONT SIDE.
01:32:31 WHAT WE CALL THE CAPITAL SIDE OR THE DEVELOPMENT SIDE
01:32:35 AND THEN THERE'S THE ONGOING OPERATIONS AND SO SOME
01:32:38 ATTENDING TO SOME OF THE MORE ACUTE NEEDS BE THEY BASED ON
01:32:43 INCOME OR DISABILITY STATUS THEY REQUIRE AN ONGOING
01:32:46 OPERATING SUPPORT THAT IS OUTSIDE THE CAPITAL DOLLARS
01:32:50 WHICH IS LARGELY WHAT WE MANAGE NOT EXCLUSIVELY BUT LARGELY SO
01:32:53 THERE'S THERE CAN BE IT'S JUST IMPORTANT TO KEEP IN MIND THAT
01:32:58 THERE ARE SORT OF TWO KINDS OF SUBSIDIES AND FOR CERTAIN
01:32:59 POPULATION SO YOU'VE GOT TO MUSTER BOTH OF THOSE.
01:33:02 >> THANK YOU FOR THAT. AND AND I WE UNDERSTAND THERE'S
01:33:06 ALWAYS KIND OF STRINGS AND WE'RE TRYING TO CONTINUE TO
01:33:13 SEE HOW WE CAN ALSO, YOU KNOW, MODIFY OUR CONSTRAIN AND TO
01:33:17 EXPENSE, YOU KNOW, THE POOR WITH WITH THAT WE ALSO CONTINUE
01:33:21 TO SEE FROM THE POWER POINT THAT WE STILL HAVE A LOT OF
01:33:25 UNMET NEEDS. SO BUT WE ALSO HAVE, YOU KNOW
01:33:29 UPCOMING FUNDING OPPORTUNITIES THAT YOU MENTIONED FROM THE
01:33:31 STAY AND ALSO FROM POTENTIAL OTHER INCREASE OF FUNDS.
01:33:37 THEN WHAT IS YOUR STRATEGY IN INCORPORATING, YOU KNOW, THE
01:33:41 CAPITAL INVESTMENT AND ALSO THE ONGOING OPERATIONS SIDE OF IT
01:33:45 AND AND ALSO INCLUDING YOU KNOW, THE POTENTIAL YOU
01:33:48 MENTIONED ALSO THE POTENTIAL 2028 REGIONAL BOND AND OTHER
01:33:52 RESOURCE IT PLUS OTHER RESOURCES.
01:33:53 >> SO SO WHAT IS YOUR STRATEGY IN INCORPORATING ALL THIS NEW
01:33:56 FUNDING OPPORTUNITY INTO YOUR PLAN?
01:34:00 >> WELL, TO BE HONEST IT DOESN'T REQUIRE TOO MUCH
01:34:03 STRATEGY. I MEAN, SURE, WE HAVE A REALLY
01:34:05 GOOD TEAM. WE HAVE REALLY GOOD POLICIES
01:34:08 AND PROCEDURES. WE HAVE PROGRAMS THAT HAVE BEEN
01:34:11 DEFINED. WE ARE WE ARE READY AND ABLE TO
01:34:14 RECEIVE MORE RESOURCES AND SO NOW ONCE CERTAINLY AT THE
01:34:18 REGIONAL LEVEL, ONCE THAT PICTURE BECOMES MORE CLEAR,
01:34:22 ANOTHER PART THAT'S IMPORTANT TO MENTION IS OFTENTIMES
01:34:26 AND THIS WILL BE TRUE AS PART OF THE REGIONAL STRATEGY
01:34:31 IN ORDER TO BUILD A POLITICAL COALITION IN THE DESIGN OF THE
01:34:37 FINDING THE FUNDING CERTAIN CATEGORIES OF USE WILL GET
01:34:41 DEFINED BECAUSE YOU WANT TO ATTEND TO A BROAD ARRAY OF
01:34:44 NEEDS AND TO TO BUILD THAT POLITICAL SUPPORT SO IT
01:34:48 WOULDN'T BEHOOVE US TO DO TOO MUCH PLANNING IN ADVANCE OF
01:34:52 HAVING A PICTURE OF WHAT THAT REGIONAL FUNDING MEASURE MIGHT
01:34:56 LOOK LIKE BECAUSE IT ALMOST CERTAINLY WILL HAVE CERTAIN
01:34:57 CATEGORIES OF USE THAT WE WANT TO BE ATTENTIVE TO.
01:35:00 SO AGAIN IT'S JUST TO CALL OUT THAT THE PLANNING WORK THAT WE
01:35:04 DO HAS TO BE VERY COGNIZANT OF NEAR-TERM FUNDING REQUIREMENTS
01:35:11 AND POTENTIAL FUNDING REQUIREMENTS THAT ARE LIKELY
01:35:12 GOING TO BE PART OF THE PUZZLE EVERY GENERAL OBLIGATION BOND
01:35:15 THAT WE'VE PASSED HAS INCLUDED BUCKETS OF MONEY THAT FOR
01:35:19 SPECIFIC USE BE IT SENIOR HOUSING OR FOR INFRASTRUCTURE
01:35:20 OR FOR HOUSING FOR SURVIVORS OF GENDER BASED VIOLENCE.
01:35:23 SO SOME OF THE STRATEGY WORK REALLY COMES AT THE FINANCE
01:35:28 SIDE RATHER THAN THE EXECUTIONAL OR PRODUCTION SIDE
01:35:34 . >> JUST TO FOLLOW UP ON THIS
01:35:35 BECAUSE SOME OF THE FUNDING YOU CAN SEE IT LIKE POTENTIALLY FOR
01:35:39 THE TRUST FUND IN THE NEXT 30 YEARS IT COULD GENERATE
01:35:43 POTENTIALLY A $30 BILLION. SO THIS IS LIKE A LONG TERM
01:35:47 PLANNING. SO I WOULD LIKE TO ALSO IS
01:35:50 THERE A STRATEGY THAT YOU CAN ENVISION IN YOUR PLAN FOR
01:35:54 AFFORDABLE HOUSING FOR OUR CITY INCLUDING SOMETHING THAT IS
01:36:00 SHORT TERM FIVE YEARS MAYBE MID TERM TEN YEARS AND THEN LONG
01:36:03 TERM MAYBE IN THE NEXT 30 YEARS WITH THE POTENTIAL MORE STABLE
01:36:10 FUNDING MECHANISM. WHAT IS OUR GOAL IN TERMS OF
01:36:14 INVESTING IN AFFORDABLE HOUSING AND ALSO IN THE ONGOING
01:36:18 OPERATION? >> SO IS THAT A CONVERSATION
01:36:22 THAT THE DEPARTMENT AND IT'S INCORPORATED INTO A POT OF THIS
01:36:26 STRATEGY? >> IT'S CERTAINLY A
01:36:26 CONVERSATION WE'D BE HAPPY TO HAVE AS I MENTIONED, DOING A
01:36:32 ONE OF THE PIECES I WANT TO EMPHASIZE AND I'LL JUST SAY IT
01:36:33 AGAIN IS BOTH THE NEED TO BE RESPONSIVE TO ALMOST NOTHING WE
01:36:40 FUND DOESN'T LEVERAGE OTHER RESOURCES SO THERE'S A THERE'S
01:36:43 JUST CONSTRAINTS TO THE LEVEL OF PRECISION OF PLANNING THAT
01:36:47 WE CAN DO LOCALLY THAT'S DIFFERENT THAN OTHER CAPITAL
01:36:48 APPROACH PROJECTS THAT THE CITY MIGHT UNDERTAKE.
01:36:52 SO IF YOU WANT TO IMPROVE CERTAIN CERTAIN MILES OF
01:36:56 STREETS OR SIDEWALKS I DON'T WANT TO SPEAK OUT OF TURN HERE
01:37:02 BUT YOU'RE LIKELY NOT LEVERAGING A 4 OR 5 OTHER
01:37:06 SOURCES TO MAKE THAT HAPPEN. IT'S MORE RELIANT ON LOCAL
01:37:07 SUBSIDY SO IT'S LIKELY MORE EASY MIGHT BE MORE
01:37:10 STRAIGHTFORWARD TO MAKE KIND OF MORE PRECISE PLANS ABOUT
01:37:14 IMPLEMENTATION WHEREAS WITH HOUSING AS AS WE'VE TALKED
01:37:18 ABOUT, YOU'RE LEVERAGING A VERY DIVERSE ARRAY OF FUNDING
01:37:21 SOURCES AND YOU NEED TO BE OPPORTUNISTIC.
01:37:22 SO A 30 YEAR PLAN THIS IS WHAT I WANT TO DO IN 2056 I DON'T
01:37:27 THINK IT'S GOING TO BE PARTICULARLY USEFUL GIVEN THE
01:37:31 NUMBER OF UNKNOWNS BETWEEN NOW AND 2056.
01:37:35 I THINK I DID THAT RIGHT. SO I THINK IT'D BE MORE USEFUL
01:37:43 TO LOOK AT YOU KNOW, ON MORE SHORTER TERM PLANS AND IN
01:37:47 PARTICULAR ONCE THESE FUNDING SOURCES ARE HAVE GREATER
01:37:49 CERTAINTY AS I SAY WE HAVE A LOT OF THE TOOLS ALREADY IN OUR
01:37:52 TOOLKIT. IT'S REALLY A MATTER OF WHERE
01:37:55 DO WE WANT TO PRIORITIZE AND HOW DO WE BEST UTILIZE THE
01:37:59 FUNDS TO LEVERAGE OUTSIDE RESOURCES THAT THAT KIND OF
01:38:02 NEAR-TERM PLANNING I THINK WOULD BE VERY EAGER TO WE'RE
01:38:06 DOING ALL THE TIME AND EAGER TO BE ENGAGED WITH YOU ALL IN THAT
01:38:07 WORK. >> THANK YOU.
01:38:09 ONE LAST QUESTION BEFORE I SHARE WITH MY COLLEAGUES.
01:38:11 I LIKE YOU MENTIONED OPPORTUNISTIC SO I SAW THAT THE
01:38:15 BOE REPORT ALSO REFERENCES THE HOUSING STABILITY FUND
01:38:18 OVERSIGHT BOARDS PREVIOUS RECOMMENDATIONS REGARDING LAND
01:38:22 ACQUISITIONS. I WANT TO UPLIFT THE NEEDS FOR
01:38:27 THAT. >> THIS IS ALSO A STRATEGY TO
01:38:28 ACQUIRE SITES WHEN THEY ARE MORE AFFORDABLE.
01:38:32 NOW WE CAN BANK THE SITES WHEN LAND PRICE ARE LOWER.
01:38:35 WHAT IT'S THE DEPARTMENT'S PLAN TO INCLUDE SITE ACQUISITION
01:38:39 IN FUTURE. I KNOW FOR US WELL WE WE HAD
01:38:43 JUST RECENTLY I MEAN AS OF 2023 I BELIEVE ISSUED A SITE
01:38:47 ACQUISITION NO FOR WE HAVE THOSE WE ACQUIRED FIVE SITES
01:38:50 UNDER THAT KNOW FOR I THINK I'M A BIG FAN OF ACQUIRING LAND
01:38:57 AND LAND BANK AND I THINK IT CAN MAKE A LOT OF SENSE THESE
01:39:00 ARE ALL TRADEOFF CONVERSATIONS. SO IF WE DEDICATE FUNDING FOR
01:39:04 ACQUIRING NEW SITES AND WE HAVE THE 66 PROJECTS IN OUR PIPELINE
01:39:08 THAT ARE AWAITING CAPITAL DOLLARS, WE'RE JUST ADDING TO
01:39:11 THAT PIPELINE. SO THERE'S THERE'S A
01:39:12 CONVERSATION TO BE HAD ABOUT WHETHER ADDITIONAL SITES ARE
01:39:16 NEEDED OR WHETHER WE SHOULD PRIORITIZE MOVING OUR EXISTING
01:39:20 PIPELINE. I WILL SAY THAT AS ESPECIALLY
01:39:23 AS WE THINK ABOUT ISSUES OF GEOGRAPHIC DIVERSITY AND HAVING
01:39:27 A KIND OF EQUITABLE DISTRIBUTION OF AFFORDABLE
01:39:30 HOUSING RESOURCES ACROSS THE CITY, I CAN VERY EASILY IMAGINE
01:39:34 THAT WE COLLECTIVELY WOULD WANT TO PRIORITIZE THE ACQUISITION
01:39:39 OF SITES IN NEIGHBORHOODS WHERE WE DON'T HAVE A PRODUCTION
01:39:42 PIPELINE IN PARTICULARLY WHEN THOSE SITES ARE GOING TO BE
01:39:46 PARTICULARLY ARE ESPECIALLY COMPETITIVE FOR FOR STATE
01:39:49 RESOURCES. SO I THINK THERE'S A THERE'S A
01:39:50 POLICY CONVERSATION TO BE HAD AROUND THAT.
01:39:53 BUT CONTROLLING LAND IS AMAZING .
01:39:57 IT'S IT'S WONDERFUL AND WE HAVE A LOT OF SITES THAT ARE IN OUR
01:40:01 CONTROL NOW OR IN OUR KIND OF BROADER NONPROFIT COMMUNITY
01:40:04 CONTROL AS PART OF OUR PIPELINE.
01:40:05 >> SO I JUST WANT TO FOLLOW UP ON THIS TOO.
01:40:10 IT'S WE ARE ALSO SEEING MORE YOU KNOW, DOES DOES YOU YOU
01:40:13 MENTIONED EARLIER THAT THE STATE'S ALSO STREAMLINING
01:40:17 THERE'S ALSO POTENTIAL BOND MONEY FUND MONEY AND OTHER
01:40:21 OTHER SOURCES OF INCOME. SO DO YOU SEE AN ADVANTAGE
01:40:27 BECAUSE THE MARKET RIGHT NOW TO BILL IS EXPENSIVE BUT THE LAND
01:40:32 AND TO BANK THE LAND IT'S IT'S RELATIVELY AT TODAY'S MARKET
01:40:36 IT'S LOWER DO YOU SEE THIS FASCINATING PORTION OF THE
01:40:40 PORTFOLIO TO BANK LENGTH IT'S A GOOD STRATEGY.
01:40:44 >> I'M NOT SURE IT IS A GOOD STRATEGY.
01:40:45 I DON'T THINK LAND IS NECESSARILY CHEAPER.
01:40:49 IT MAY BE MORE AVAILABLE BUT I DON'T THINK I THINK THERE'S
01:40:53 THERE'S LAND VALUES DON'T ACTUALLY FLUCTUATE THAT
01:40:57 DIFFERENTLY CURRENTLY IF YOU ON THE MARKET RATE SIDE IF YOU
01:40:58 WOULD DO WHAT'S CALLED A LAND RESIDUAL LAND HAS NO VALUE
01:41:01 BECAUSE THE COSTS TO PRODUCE THE HOUSING ARE SO AND RELATIVE
01:41:05 TO THE RENTAL INCOME THAT YOU'RE GOING TO GET YOU YOU
01:41:09 RESULT IN A ZERO LAND VALUE. THAT DOESN'T MEAN THAT PEOPLE
01:41:12 WHO OWN LAND ARE JUST GOING TO GIVE IT TO YOU FOR FREE.
01:41:15 SO THERE'S THERE'S A IN ELASTICITY TO THE LAND
01:41:18 VALUES THAT I THINK IS CHALLENGING NOW ARE SELLERS OF
01:41:25 LAND MORE WILLING TO ENGAGE ON A POTENTIAL PURCHASE BY AN
01:41:29 AFFORDABLE HOUSING DEVELOPER BECAUSE THERE'S NOT COMPETITION
01:41:31 IN THE MARKET? YES, I THINK THAT'S TRUE.
01:41:33 I DO THINK WE'RE GOING TO START TO SEE THAT SHIFT AND I THINK
01:41:37 WE'RE ALREADY STARTING TO SEE THAT SHIFT.
01:41:38 >> THE QUESTION REALLY IS THE TRADEOFFS GIVEN A RELATIVELY
01:41:42 RECENT NO FOR TO ACQUIRE NEW SITES THE FACT THAT WE'VE
01:41:49 ACTUALLY HAD TO PAUSE MOST OF THOSE PROJECTS WHILE WE GET THE
01:41:51 CAPITAL DOLLARS TOGETHER TO MOVE THEM FORWARD TO ASK OUR
01:41:55 PIPELINE PROJECTS AND THEIR SPONSORS TO WAIT EVEN LONGER
01:41:58 WHILE WE DEDICATE ADDITIONAL RESOURCES TO ACQUIRE SITES FOR
01:42:02 WHICH WE ALSO DON'T HAVE THAT GAP MONEY.
01:42:06 I DON'T THINK I WOULD I WOULD I WOULD MAKE THAT POLICY CALL AT
01:42:09 THIS TIME. >> THANK YOU DIRECTOR ADAM FOR
01:42:12 YOUR THOROUGH ANSWERS. >> SUPERVISOR MATTHEW THANK YOU
01:42:16 SUPERVISOR CHAN AND THANK YOU FOR ALL THE CONTEXT ON THE
01:42:20 FUNDING SOURCES. MY MY QUESTIONS ARE MORE
01:42:21 SHIFTED TO EXPENDITURES HOW MUCH MONEY IS OUR CITY PLANNING
01:42:25 TO SPEND ON AFFORDABLE HOUSING THIS COMING FISCAL YEAR?
01:42:28 SUBSEQUENT YEARS? AND WHEN DO YOU FEEL YOU'RE
01:42:32 GOING TO RUN OUT? >> GREAT QUESTION.
01:42:36 SOMEHOW I THOUGHT YOU MIGHT ASK ME THAT QUESTION AND SOMEONE
01:42:39 HAS PROVIDED ME AN ANSWER HERE ON THIS PIECE OF PAPER WE
01:42:45 ANTICIPATE MAKING ABOUT $270 MILLION IN LOANS IN THIS FISCAL
01:42:48 YEAR OUR CURRENT FISCAL YEAR NEXT FISCAL YEAR ABOUT THE SAME
01:42:52 AMOUNT OF MONEY. SO NEARLY $300 MILLION THIS
01:42:58 YEAR 13 PROJECTS NEXT YEAR, 12 PROJECTS IN 20 2728 WE'RE
01:43:04 LOOKING AT ABOUT $100,000,180 MILLION FOR SEVEN PROJECTS
01:43:09 AND THEN IT'S IN THE SUBSEQUENT YEAR THAT WE REALLY DO WE
01:43:12 REALLY DO WE HAVE A DEARTH OF FUNDING.
01:43:17 WE'VE GOT A LITTLE BIT OF FUNDING TO ADVANCE PROJECTS BUT
01:43:20 IT'S QUITE DE MINIMUS NOW THESE ARE ESTIMATES OF COURSE THERE
01:43:21 CAN BE PROJECT DELAYS SO I DON'T WANT TO GET TOO PRECISE
01:43:24 ON THE TIMING BUT THE TRAJECTORY IS VERY CLEAR.
01:43:28 WE HAVE A VERY ROBUST PIPELINE. IN FACT I THINK WE HAVE OVER
01:43:30 2000 UNITS UNDER CONSTRUCTION NOW OUR TEAMS ARE VERY BUSY
01:43:34 ISSUING NEW LOANS AND WE'LL BE FOR THE NEXT COUPLE OF YEARS.
01:43:38 >> BUT AFTER THAT IT'S OUR FUNDING SOURCES GO OUT JUST
01:43:42 ALMOST DISAPPEAR AND AGAIN FOR OUR EARLIER CHART IT'S BECAUSE
01:43:46 WE'VE BEEN DRAWING DOWN THE BALANCES FROM VOTER APPROVED
01:43:49 GEO BONDS OVER THE LAST THE 2015, 2019 2024, 2015 IS FULL
01:43:56 EXPENDED BUT WE'VE ALSO HAD ACCRUED BALANCES UNDER FEES ARE
01:43:59 JOBS, HOUSING LINKAGE FEES AND INCLUSIONARY FEES.
01:44:00 SO WE'VE JUST BEEN LIVING OFF THAT LARGESSE AND BEEN ABLE TO
01:44:04 MOVE THIS PROJECT FORWARD SO THE HOUSING TRUST FUND IS, YOU
01:44:07 KNOW, DESIGNED TO KIND OF PICK UP WHERE THAT DECLINE STARTS SO
01:44:11 IT STARTS TO BE FUNDED IN A COUPLE OF YEARS.
01:44:15 IDEALLY WE'RE OUT OF THAT KIND OF ACUTE FINANCIAL ISSUE AT THE
01:44:19 CITY OF DEFICITS CURRENTLY AND THEN WE START TO SEE THAT
01:44:22 HOUSING TRUST FUND GROW RIGHT AS OUR FUNDING SOURCES START TO
01:44:26 DECLINE. SO THAT'S THAT'S KIND OF HOW
01:44:27 THAT MODELS OUT. >> AS YOU'RE SAYING, THERE'S
01:44:30 ABOUT A DOZEN PROJECTS A YEAR FOR THE NEXT TWO YEARS.
01:44:33 THAT'S CORRECT. HOW ARE YOU DECIDING JUST
01:44:36 EDIFICATION OF THE PUBLIC? HOW DO YOU DECIDE WHICH
01:44:37 PROJECTS TO FUND ACROSS THE CITY?
01:44:41 >> WELL, ALL OF THESE PROJECTS WOULD BE PROJECTS THAT ARE HAVE
01:44:44 BEEN COME THROUGH OUR OUR PROCUREMENT REQUIREMENTS SO
01:44:46 THEY WERE CAME THROUGH EITHER A LAND DEDICATION AN RFP IF IT'S
01:44:51 LAND THAT WE CONTROL OR KNOW FOR AND AS I MENTIONED ALL OF
01:44:58 OUR DECISIONS TO FUND AND PRIORITIZE ARE REALLY BASED
01:45:00 ON COMPETITIVENESS AND ABILITY TO MOVE INTO PRODUCTION.
01:45:06 SO THAT'S THAT'S THE FOUNDATIONAL PART OF OUR WORK
01:45:10 IS POSITIONING PROJECTS TO BE COMPETITIVE FOR STATE FUNDING
01:45:15 SOURCES FOR EXAMPLE 19 1939 MARKET STREET WE SEE WENT FOR A
01:45:23 ASEC AWARD THE AFFORDABLE HOUSING SUSTAINABLE COMMUNITIES
01:45:27 DID NOT GET IT. WE DID ANOTHER ROUND I THINK A
01:45:30 FULL YEAR APPLIED AGAIN AND RECEIVED THAT BASIC AWARD
01:45:33 AND NOW HAS THE CAPITAL STACK TO MOVE FORWARD.
01:45:37 SO WHILE THESE MAY SEEM LIKE FUNDING DECISIONS THAT WE MAKE
01:45:39 IT'S REALLY THE ABILITY FOR PROJECTS TO LEVERAGE THE
01:45:42 RESOURCES THAT UNLOCKS THEIR PRODUCTION PIPELINE AND SO
01:45:49 THAT'S REALLY WHAT WE'RE CHARTING OUT WHEN WE LOOK AT
01:45:50 THIS IN OUR ALLOCATIONS BUDGET IS LIKELIHOOD OF RECEIPT OF
01:45:56 THOSE FUNDING SOURCES AT THE STATE AT THE STATE LEVEL IS
01:46:00 JUST WHEN WE TALK TO PROJECTS PARTICULARLY AFFORDABLE HOUSING
01:46:04 THEY ALL WANT A LOT OF MONEY. THEY ALL DO.
01:46:05 AND SO HOW DO YOU DECIDE EVEN WITHIN THE PROJECTS THAT ARE
01:46:09 COMING FORWARD HOW MUCH TO GIVE TO ONE PROJECT VERSUS ANOTHER?
01:46:12 IS IT WHAT YOU IMPLIED WHICH IS LIKE WHAT YOU DETERMINE IS
01:46:15 NECESSARY TO UNLOCK SOME SPECIFIC PHASE OF THE PROJECT
01:46:19 OR HOW ARE YOU DECIDING THE ALLOCATION PROJECT?
01:46:20 WELL IT'S ALMOST EXACTLY RIGHT .
01:46:23 IT'S THE AMOUNT OF MONEY THAT REALLY TO UNLOCK FUNDING FOR
01:46:26 THAT PROJECT. SO THE IT IS SO FOR INSTANCE WE
01:46:31 HAVE A NUMBER OF SENIOR DEVELOPMENTS IN OUR PIPELINE.
01:46:38 I USE AN EXAMPLE ON TREASURE ISLAND THERE'S A PROJECT ON
01:46:40 TREASURE ISLAND THAT RECEIVED A VERY, VERY RARE AND HARD TO GET
01:46:43 ALLOCATION OF HUD 202 THERE'S BARELY ANY HUD 2 OR 2 MONEY
01:46:46 ANYMORE SO THAT'S A PROJECT THAT THE KIND OF FEDERAL
01:46:50 RESOURCE WE DON'T WANT TO LOSE THAT FEDERAL RESOURCE.
01:46:53 SO THOSE ARE REALLY HARD TO GET.
01:46:55 SO NOW WE WANT TO DO EVERYTHING WE CAN TO MAKE SURE THAT THAT
01:46:57 SENIOR PROJECT HAS THE BALANCE OF RESOURCES THAT THEY NEED
01:47:01 IN ORDER TO MOVE FORWARD BECAUSE OTHERWISE WE'RE GOING
01:47:03 TO LOSE THIS VERY RARE FEDERAL RESOURCE OTHER SITUATIONS I
01:47:08 THINK ARE HELPFUL TO CALL OUT OUR PROJECTS RECEIVE ADDITIONAL
01:47:12 EQUITY IF THEY'RE IN CERTAIN GEOGRAPHIES.
01:47:16 THESE ARE CALLED DIFFICULT TO DEVELOP AREAS OR QUALIFIED
01:47:17 CENSUS TRACTS AND THEY'RE DETERMINED BY HUD AND THE
01:47:20 TRACKS THEMSELVES SHIFT OVER TIME.
01:47:23 SO YOU MIGHT BE IN A WHAT'S CALLED A DDA AND THAT DDA IS
01:47:27 GOING TO EXPIRE AND IF IT EXPIRES BEFORE YOU HAVE A
01:47:28 CONSTRUCTION CLOSING YOU MIGHT LOSE ACCESS TO TENS OF MILLIONS
01:47:34 OF DOLLARS IN EQUITY. SO WE WOULD MAKE A DECISION WE
01:47:36 DON'T WANT TO LOSE THAT OPPORTUNITY BECAUSE IT JUST
01:47:39 MEANS THAT LOCAL DOLLARS WOULD HAVE TO MAKE UP THE DIFFERENCE
01:47:43 OR THE PROJECT HAS TO BE PUT ON HOLD.
01:47:47 SO A LOT OF OUR IT'S LESS DECISION MAKING THAN IT IS
01:47:51 STRATEGY AROUND THE LEVERAGING OF THESE RESOURCES AND THAT
01:47:55 AND THAT IS THE WORK OF OUR PARTNERS YOU KNOW SO IT'S
01:47:59 MOSTLY WE'RE WE'RE PRIMARILY A BANK, WE'RE A LENDER BUT IT'S
01:48:02 REALLY OUR PARTNERS ARE OUR AFFORDABLE HOUSING DEVELOPERS
01:48:05 WHO ARE GOING OUT AND IDENTIFYING AND WE REQUIRE
01:48:06 THEM. YOU HAVE TO GO AFTER EVERY
01:48:09 FUNDING SOURCE IMAGINABLE TO LOWER OUR PER UNIT SUBSIDY
01:48:12 AND IT'S THOSE THAT ARE MOST SUCCESSFUL AT LEVERAGING THOSE
01:48:16 OUTSIDE RESOURCES THAT WE ARE THEN ABLE TO ADVANCE.
01:48:20 YOU'RE KIND OF PLAYING A GAME OF CHESS EXACT FIGURE OUT
01:48:24 AND MATCH PRECISELY SO GETTING MAYBE INTO SPECIFIC SPECIFIC
01:48:26 PROJECTS IN THAT CONTEXT FOR INSTANCE THE SIX 5652 IS AN
01:48:29 ARROW. YEP THEY'RE POSTPONED BECAUSE
01:48:32 OF FUNDING ISSUES. THAT'S RIGHT.
01:48:35 HOW DID THAT DECISION HAPPEN IN THAT CONTEXT AND HOW ARE WE
01:48:37 MAYBE POTENTIALLY TRYING TO SUPPLEMENT OR IF NOT WHY NOT?
01:48:40 >> IT'S A GREAT EXAMPLE. SO WE THAT PROJECT APPLIED FOR
01:48:43 MH P AND MH P IS A IS A PACER SO IF THE BOND PASSES SO WHEN
01:48:50 THE STATE PASSES BONDS THEY GENERALLY THEN FUND THEIR
01:48:52 EXISTING PROGRAMS. THEY DON'T CREATE A WHOLE NEW
01:48:56 PROGRAM AND MH P HAS BEEN A LONGSTANDING PROGRAM AT THE
01:48:59 STATE MULTIFAMILY HOUSING PROGRAM.
01:49:00 THERE'S ALL THE WHOLE PROGRAMMATIC STRUCTURE IS
01:49:03 IN PLACE SO BUT THE MONEY YOU KNOW LIKE LOCALLY WHERE MONEY
01:49:07 HAS BEEN RUNNING OUT AND SO 652 ADERO APPLIED FOR MH P DID NOT
01:49:11 GET IT AND THAT WAS THE REASON WE HAD TO SAY HOLD ON ALSO IT
01:49:15 DIDN'T LOOK LIKE THEY WERE GOING TO BE FUTURE M H P ROUNDS
01:49:16 AND THE PROJECT ITSELF WASN'T GOING TO BE COMPETITIVE AS THE
01:49:19 AMOUNT OF MONEY FOR MH P DWINDLED THEY JUST WEREN'T
01:49:23 GOING TO BE COMPETITIVE FOR THAT FUNDING SOURCE.
01:49:26 HOWEVER, WE HAVE WORKED WITH OUR PARTNERS AT MTA TO IDENTIFY
01:49:30 A TRANSPORTATION PROJECT ON A SIMILAR PIPE TIMELINE THAT 650
01:49:34 DAVIS COULD ACCESS IN ORDER TO BE ELIGIBLE FOR AN ASSET AWARD.
01:49:39 >> THE AFFORDABLE HOUSING A SUSTAINABLE COMMUNITIES AWARD
01:49:42 SO THEY EITHER HAVE OR WILL APPLY FOR AN ASSET AWARD
01:49:46 AND SHOULD THEY GET THAT AWARD WE'LL MOVE THAT PROJECT FORWARD
01:49:49 . SO IT IS AN EXAMPLE OF OKAY YOU
01:49:51 DIDN'T YOU WEREN'T SUCCESSFUL AT THAT FUNDING SOURCE.
01:49:54 THAT FUNDING SOURCE IS GOING AWAY.
01:49:55 WE DON'T SEE A VIABLE PATH TODAY.
01:49:57 >> STOP HOLD YOUR HORSES. PENCILS DOWN BUT KEEP KEEP
01:50:05 LOOKING. AND THEN WE IDENTIFIED THIS
01:50:06 ALTERNATIVE PATH A SWITCH AND THERE THEY'RE PURSUING THAT
01:50:09 FUNDING SOURCE NOW. >> SO AGAIN AT A FUTURE HEARING
01:50:13 I MIGHT COME BACK TO SAY GREAT NEWS MUCH LIKE 1939 MARKET
01:50:17 STREET THEY WERE ABLE TO GET IT WERE MOVING FORWARD OR
01:50:20 UNFORTUNATELY IT WAS SO COMPETITIVE THAT WE WEREN'T
01:50:22 SUCCESSFUL IN THAT PROJECT IS STILL ON PAUSE BUT ANOTHER
01:50:28 EXAMPLE YOU ALLUDED TO PREVIOUSLY ABOUT BONDING IS
01:50:31 WHETHER YOU MIGHT MATCH IT AS WELL.
01:50:34 OBVIOUSLY THOSE FUNDS ARE MEANT TO CREATE UNITS THAT ARE
01:50:36 REPLACED DURING REDEVELOPMENT PARTICULARLY FROM SB 593.
01:50:39 WHAT ARE THE CONVERSATIONS RIGHT NOW ABOUT DEPLOYING
01:50:43 CAPITAL FROM SB 593 FOR AFFORDABLE HOUSING TODAY?
01:50:46 >> WHAT ARE THE CONVERSATIONS? OH GREAT.
01:50:49 WELL I SHOULD SAY THAT SB 593 IS UNDER THE PURVIEW OF OCI SO
01:50:53 THEY ARE MOST INVOLVED IN THE CONVERSATIONS WITH THE BUDGET
01:50:59 OFFICE IN THE MAYOR'S OFFICE ABOUT THE USE OF THAT FUNDING
01:51:01 TOOL. I GUESS JUST EXCUSE ME A COUPLE
01:51:04 OF POINTS. ONE IS IT IS A IT IS A FUNDING
01:51:07 TOOL. IT'S NOT A SOURCE.
01:51:08 SO THE CONVERSATION I'M NOT IN THESE ROOMS DIRECTLY BUT
01:51:14 ALMOST CERTAINLY INVOLVES THE TRADEOFFS BETWEEN PROPERTY TAX
01:51:21 REVENUE COMING FROM FORDER FORMER REDEVELOPMENT AGENCY
01:51:24 AREAS THAT IF WE DON'T ISSUE BONDS THROUGH SB 593 IT WOULD
01:51:29 GO TO THE GENERAL FUND. SO IT'S IT'S THE SAME THORNY
01:51:33 CONVERSATION THAT YOU ALL AND YOUR COLLEAGUES ARE HAVING
01:51:36 ABOUT HOW DO WE SPEND THE LIMITED RESOURCES THAT WE HAVE.
01:51:40 I THINK IT'S AN AMAZING TOOL. THE REPLACEMENT OBLIGATION CAN
01:51:44 BE SPENT CITYWIDE SO IT'S AN EXTRAORDINARY CAPACITY TO BE
01:51:51 ABLE TO BOND AGAINST THIS REVENUE STREAM AND INVEST IT
01:51:55 ANYWHERE IN THE CITY NOT JUST FORMER REDEVELOPMENT AREAS.
01:51:56 WONDERFUL OPPORTUNITY BUT THAT INCOME STREAM OTHER FOLKS HAVE
01:52:03 THEIR EYE ON IT. COMPTROLLER'S OFFICE THE BUDGET
01:52:04 OFFICE AND ARE TRYING TO BALANCE THE ABILITY TO ISSUE
01:52:10 DEBT AGAINST THIS REVENUE STREAM WITH USING THAT SAME
01:52:13 REVENUE STREAM TO FILL GAPS IN OUR OVERALL BUDGET.
01:52:14 SO THAT'S THAT'S THE CONVERSATION I THINK I'LL LEAVE
01:52:22 IT AT THERE FOR NOW. THANK YOU.
01:52:28 THANK YOU. THANK YOU.
01:52:32 DIRECTOR ADAMS THIS HAS BEEN REALLY ILLUMINATING SO MY
01:52:35 COLLEAGUE AISHA CHAN TOUCHED ON AND YOU AND YOU IN YOUR ANSWERS
01:52:40 ABOUT THE DISTINCTION BETWEEN CAPITAL FOR BUILDING NEW
01:52:44 AFFORDABLE UNITS THAT ARE SUBSIDIZED AND THEN OPERATING
01:52:50 AND AS CONSTRUCTION COSTS GO UP AND OUR AREA MEDIAN INCOME ALSO
01:52:54 GOES UP THAT GAP FOR WHAT PEOPLE HAVE TO PAY IN WHAT CAN
01:52:59 THEY CAN AFFORD GO HAS BEEN GOING UP FOR SOME AND WHO BEARS
01:53:03 THAT COST USUALLY IS THE AFFORDABLE HOUSING DEVELOPERS
01:53:07 AND SO THE VOTERS IN SAN FRANCISCO A COUPLE OF YEARS
01:53:11 BACK DID PASS LIKE A LIMITED SUBSIDY FOR VERY LOW INCOME
01:53:14 PEOPLE. BUT YOU KNOW AS THAT GROWS YOU
01:53:19 CAN SEE THAT, YOU KNOW, LIKE WORRY THAT'S GOING TO TAKE UP
01:53:22 MORE AND MORE OF OUR GENERAL FUND BECAUSE THAT'S NOT GOING
01:53:24 TO GO AWAY AS A NEED IF ANYTHING IT WILL GET MORE
01:53:26 ACUTE. THAT'S RIGHT.
01:53:27 SO MY QUESTION IS WHAT ELSE CAN WE DO IF WE KNOW THAT THIS IS A
01:53:34 GROWING NEED AND THAT YOU KNOW, OUR BUDGET CHOICES ARE LIMITED
01:53:39 BECAUSE IT'S YOU KNOW, GENERAL FUND IS COMPETING WITH
01:53:42 EVERYTHING ELSE AND WHAT'S STRATEGY IS CAN WE DO SO I WILL
01:53:46 NOTE THAT FOR MARKET RATE DEVELOPERS YOU KNOW THEY
01:53:49 SUBSIDIZE THEIR BMR OBLIGATION WITH THEIR MARKET BUT OUR
01:53:54 NONPROFIT DEVELOPERS DON'T. SO IT RIGHT NOW WE'RE LOOKING
01:53:58 AT A FISCAL CLIFF AS YOU NOTED IN 2029 IF WE DON'T YOU KNOW,
01:54:04 DO SOMETHING SOME OF OUR NONPROFIT DEVELOPERS WHO HAVE
01:54:11 SECTION EIGHT VOUCHERS WHICH IS PRETTY CLOSE TO MARKET RATE
01:54:12 RENTS ARE FARING A LITTLE BIT BETTER BECAUSE THEY HAVE YOU
01:54:16 KNOW ABOUT SORT OF INCOME THAT'S NOT RESTRICTED THAT
01:54:19 WOULD YOU KNOW, THAT'S GREAT THAT WE HAVE THAT.
01:54:23 BUT WHAT OTHER THINGS CAN WE DO TO HELP OUR NONPROFIT
01:54:27 DEVELOPERS PARTICULARLY THE ONES THAT ARE FOR EXAMPLE DOING
01:54:31 THE SITE ACQUISITION FOR SMALL SITES BECAUSE WHEN YOU HAVE
01:54:35 THREE UNITS IN LIKE ONE OF THEM GETS EVICTED FOR NONPAYMENT OF
01:54:41 RENT OR TWO, YOU KNOW THAT'S LIKE A THIRD OF YOUR INCOME
01:54:43 THAT'S A LOT. SO WHAT OTHER TOOLS ARE WE
01:54:45 LOOKING AT OR WHAT CAN WE DO TO FILL THAT GAP?
01:54:49 >> WELL, I THINK YOU'VE TOUCHED ON A FEW OF THEM ALREADY.
01:54:53 I MEAN I THINK INCOME DIVERSITY CAN HELP AND SO IF YOU HAVE
01:54:55 SOME HIGHER PAYING TENANTS IT CAN HELP OFFSET SOME OF THE
01:54:58 COSTS FOR DEEPER AFFORDABILITY .
01:55:01 >> AND WHY ARE WE DOING THAT? WELL, WE DO IT WE DO IT THROUGH
01:55:03 OUR ACQUISITION PROGRAM. I OUR SMALL SITES PROGRAM
01:55:08 AND YOU KNOW, I WILL SAY ON THE PART OF SOME OF OUR SPONSORS
01:55:10 WHOSE MISSION IS REALLY TO SERVE THE MOST AT NEED, WE CAN
01:55:13 WE CAN HAVE SOME TENSION THERE .
01:55:16 THEY'LL BE LIKE WELL WHY AREN'T YOU SERVING THESE EXTREMELY LOW
01:55:18 INCOME HOUSEHOLDS? AND I'M LIKE GREAT, BUT WE ALSO
01:55:20 NEED TO PAY THE BILLS AND SO THERE'S A NATURAL TENSION
01:55:23 THERE. I THINK AGAIN IF WE IF WE
01:55:25 DIDN'T HAVE THE RESOURCE CONSTRAINTS WE WOULD ALL AGREE
01:55:28 AND THAT KIND OF DEPTH OF AFFORDABILITY.
01:55:29 BUT WE DO WE DO PRIORITIZE THAT INCOME DIVERSITY THE MARKET
01:55:32 RATE CROSS-SUBSIDY IS A TRICKY ONE BECAUSE A YOU KNOW MARKET
01:55:36 RATE ISN'T HAPPENING NOW SO SO IT'S NOT HAPPENING FOR FOLKS
01:55:40 WHO ARE EXPERT AT IT AND SO IT'S NOT AN IMMEDIATE SOLUTION
01:55:46 TO THAT TO THIS INCOME DIVERSITY PROBLEM.
01:55:50 AND WHAT WHAT WE SEE ON THE AFFORDABLE SIDE IS ONCE YOU
01:55:53 MOVE OUTSIDE THAT 80% AM I RESTRICTION AND YOU LOSE ALL
01:55:58 THAT LEVERAGING RESOURCE SO ALL OF THOSE OTHER CAPITAL
01:56:01 SUBSIDIES THAT COME IN TO HELP REDUCE THE COST TO THE CITY OF
01:56:05 PRODUCTION GO AWAY AT 80% AM I IN GENERAL THERE ARE THERE'S
01:56:09 ONE STATE PROGRAM THAT THAT ATTENDS TO A HIGHER INCOME
01:56:14 LEVEL SO IT CAN BE BUT WHEN WE TALK ABOUT INCOME DIVERSITY IT
01:56:17 KIND OF VARIES BY PRODUCT TYPE WITHIN THE AFFORDABLE IT REALLY
01:56:21 IS UP TO 80% BECAUSE THE CLIFF ON THE CAPITAL SIDE IS SO GREAT
01:56:25 YOU'VE GOT TO HAVE REALLY HIGH RENTS IN ORDER TO MAKE UP FOR
01:56:29 IT AND WE JUST DON'T SEE THOSE RENTS IN SAN FRANCISCO RIGHT
01:56:32 NOW. >> SO BUT I BUT I THINK WE CAN
01:56:36 LOOK AT INCOME DIVERSITY. YOU MENTIONED THE VOUCHERS
01:56:37 AND WE ARE WE ARE WE WE'RE WORKING ON MAKING ALWAYS
01:56:44 IMPROVEMENTS TO THE VOUCHER PROGRAM ENSURING THAT THE
01:56:47 SUBSIDY IS FLOWING ON TIME, ENSURING THAT IF UNITS ARE
01:56:49 IN ABATEMENT WE TAKE THOSE WE GET THOSE BACK INTO CONTRACT AS
01:56:52 QUICKLY AS POSSIBLE. SO ONE OF THE BENEFITS OF THE
01:56:56 INTEGRATION WITH MOST CD RIGHT NOW AND THE HOUSING AUTHORITIES
01:56:59 WERE REALLY TRYING TO MAKE THAT OUR EXISTING POOL OF VOUCHERS
01:57:03 WORK BETTER AND THAT'LL HELP ON THE CASH FLOW SIDE WE CAN
01:57:06 IMAGINE A FUTURE IT'S HARD TO IMAGINE AT THIS STAGE BUT
01:57:10 IMAGINE A FUTURE WHERE THERE'S A FEDERAL GOVERNMENT THAT
01:57:11 REALLY INVESTS THROUGH HUD AND THROUGH ITS VOUCHER PROGRAM
01:57:17 AND AND AND WHERE WE HAVE EXPANSIVE RESOURCES AND I THINK
01:57:18 THAT'S GOING TO BE A GREAT OPPORTUNITY TO REALLY EITHER
01:57:22 LAYER THOSE INTO EXISTING PROJECTS THAT HAVE DEFICITS
01:57:26 AND ALIGN THEM WITH OUR PIPELINE TO MAKE TO INCREASE
01:57:29 FEASIBILITY. SO I'M VERY EXCITED ABOUT THAT
01:57:30 FUTURE AND I'M HOPEFUL THAT IT CAN HAPPEN.
01:57:33 THE OTHER PIECE IS ON THE EXPENSE SIDE WE'VE HAD SOME
01:57:37 SUCCESS IN WORKING WITH SPONSORS TO IDENTIFY
01:57:41 OPPORTUNITIES TO LOWER THEIR INSURANCE COSTS TO REALLY KIND
01:57:45 OF PUSH ON THAT TO WORK WITH DIFFERENT BROKERS.
01:57:48 I THINK THERE'S BEEN SOME SOFTENING IN THAT THE FEVER THE
01:57:52 INSURANCE FEVER IS MAY BE BREAKING A LITTLE BIT BUT STILL
01:57:56 REALLY PROBLEMATIC. >> FINALLY WE HAVE MADE CHANGES
01:57:59 TO OUR OWN WHAT'S CALLED RESIDUAL RECEIPTS POLICIES.
01:58:03 SO WE ARE FOREGOING REVENUE THAT OTHERWISE WOULD COME TO
01:58:05 THE CITY AND ALLOWING ORGANIZATIONS TO CROSS
01:58:08 POLLINATE OR CROSS SUBSIDIZE PROJECTS.
01:58:12 SO IF THEY HAVE A WINNING PROJECT OVER HERE THAT'S
01:58:14 GENERATING CASH FLOW, WE'RE ALLOWING THEM TO DIVERT THE
01:58:17 RESOURCES TO HELP SUBSIDIZE A PROJECT THAT'S STRUGGLING.
01:58:20 >> WHEN DID YOU DO THAT? DIRECTOR ADAMS WE'VE BEEN DOING
01:58:22 IT THE LAST I THINK WE'VE DONE IT THREE THREE YEARS.
01:58:25 >> SO AND IS THAT A WRITTEN POLICY?
01:58:28 >> IT IS WRITTEN POLICY, YEAH. YEAH.
01:58:29 THANK YOU. IT IS A POLICY THAT'S GREAT THE
01:58:32 CHALLENGES THAT IN YOUR REPORT IN ONE IN A DEVELOPER'S
01:58:35 PORTFOLIO YOU'VE GOT TO HAVE THE WINNERS SOME OF OUR
01:58:38 SPONSORS WHO REALLY ONLY ATTEND TO PERMANENT SUPPORTIVE HOUSING
01:58:42 OR DEEPLY AFFORDABLE STRUGGLE TO HAVE THOSE THOSE CASH
01:58:45 FLOWING PROPERTIES BUT IT HAS BEEN IT'S BEEN VERY IMPACTFUL.
01:58:47 >> THANK YOU. I DO HAVE SEVERAL QUESTIONS BUT
01:58:50 IN THE INTEREST OF TIME BECAUSE I KNOW WE ONLY HAVE THE
01:58:54 TRANSLATORS VICE CHAIR CHAN UNTIL 430 AND I WANT TO BE
01:58:56 COGNIZANT OF THAT FOR PUBLIC COMMENT WOULD YOU SO I WILL ASK
01:59:03 JUST ONE MORE QUESTION BECAUSE IT'S IMPORTANT TO ME SO YOU
01:59:07 KNOW I'M THE WEST SIDE SUPERVISOR.
01:59:09 ONE OF THE I SAY SUPERVISORS. I SUPPORTED THE FAMILY ZONING
01:59:14 PLAN BECAUSE THE WEST SIDE HAS FOUGHT BUILDING AFFORDABLE
01:59:17 HOUSING FOR DECADES AND YOU KNOW, EVERYTHING IN OUR SIDE OF
01:59:26 TOWN FROM SCHOOL GRADUATION RATES TO YOU KNOW, HEALTH
01:59:29 DISPARITIES ACCORDING TO RACE EVERYTHING YOU KNOW, WOULD HAVE
01:59:34 A MULTIPLIER BENEFIT IF WE HAD LOW INCOME PEOPLE BEING ABLE TO
01:59:37 LIVE ON THE WEST SIDE. SO AND YET I LOOK AT YOUR
01:59:42 PIPELINE AND THERE'S NOT MUCH THERE.
01:59:45 I MEAN WE NOW HAVE A COUPLE OF DEVELOPMENT AGREEMENTS ON THE
01:59:46 MARKET RATE SIDE THAT ARE GOING TO HAVE A LOT OF AFFORDABLE
01:59:50 HOUSING SO DON'T SOUND IN THE BAR RESERVE AREN'T THOSE ARE
01:59:54 BIG ONES BUT I WOULD LIKE TO SEE MORE INVESTMENT
01:59:58 IN AFFORDABLE HOUSING PARTICULARLY DEEPLY AFFORDABLE
02:00:01 HOUSING, SENIOR HOUSING ON THE WEST SIDE AND SO TO YOU KNOW
02:00:05 FOLLOW UP ON VICE CHAIRS QUESTION ABOUT LAND, I I'D LIKE
02:00:12 TO KNOW WHAT SPECIFIC STRATEGIES WE MAY BE PURSUING
02:00:16 PERHAPS NOT JUST THROUGH OUR NONPROFIT DEVELOPMENT PARTNERS
02:00:20 BECAUSE YOU KNOW THEY ARE ALREADY MAXED OUT DOING WHAT
02:00:24 THEY DO. BUT ON THE CITY THE MAYOR'S
02:00:25 OFFICE OF HOUSING YOU KNOW, WORKING WITH PLANNING TO
02:00:28 IDENTIFY OPPORTUNITY SITES TO LOOK AT PERHAPS WORKING WITH WE
02:00:35 WOULD NEED TO LOOK AT PERHAPS INFRASTRUCTURE FINANCING
02:00:36 DISTRICTS OR WAYS THAT WE COULD PLAN FOR CHANGES IN USING YEAH,
02:00:43 A LOT OF GOLF COURSES ON THE WEST SIDE I WILL JUST SAY WE
02:00:46 HAVE A LOT OF OPPORTUNITIES A VAST AREAS OF LAND THAT MAY SEE
02:00:51 CHANGES IN THE WAY PEOPLE WANT TO USE THAT LAND OVER YOU KNOW
02:00:55 GENERATIONS. WE HAVE BROTHERHOOD WAY THAT'S
02:00:59 A MILE LONG BIG PARKING LOTS AROUND CHURCHES WHERE THEY HAVE
02:01:04 SEEN DWINDLING CONGREGATIONS ALSO FOR EXAMPLE.
02:01:06 SO THAT'S ONE QUESTION IN ATTACHED TO THAT IS THAT THE
02:01:11 WEST SIDE IS RIGHT NOW OR AT LEAST MY DISTRICT DISTRICT
02:01:15 SEVEN IS ZONED FOR SINGLE FAMILY HOME OWNERSHIP ABOUT
02:01:20 80%. AND SO HOME OWNERSHIP HAS
02:01:21 ALWAYS BEEN A PRETTY BIG YOU KNOW, PART OF THE CHARACTER OF
02:01:28 THE WEST SIDE. >> IT HAS TRADITIONALLY BEEN
02:01:29 WORKING CLASS IN OVER THE PAST COUPLE OF DECADES AS YOU KNOW,
02:01:33 LAND USE VALUES HAVE GONE UP LESS SO RIGHT.
02:01:36 BUT WE CURRENTLY DON'T DO ANY HOMEOWNERSHIP SUBSIDIZE WE DO
02:01:44 WITH THE DOWNPAYMENT ASSISTANCE LOAN PROGRAM TOO.
02:01:45 AND YOU KNOW, FOR INDIVIDUAL GOALS ACQUIRING THOSE UNITS
02:01:48 AND WE DO YOU KNOW, ADMINISTER THE BMR PROGRAM WHICH IS YOU
02:01:53 KNOW THE OBLIGATION OF THE DEVELOPERS BUT WE DON'T BUILD
02:01:58 LOWER INCOME HOMEOWNERSHIP UNITS.
02:01:59 AND SO I AM WONDERING IF THAT'S PART OF WHAT WE MIGHT CONSIDER
02:02:03 IN THE FUTURE ESPECIALLY AS WE HAVE ZONED IN TO DO THAT KIND
02:02:07 OF HOUSING AND ALSO IF THERE'S ANY IDEAS THAT YOU HAVE FOR YOU
02:02:13 KNOW, DIFFERENT WAYS OF ACHIEVING HOMEOWNERSHIP THAT WE
02:02:16 COULD EXPLORE THAT WOULD PROVIDE THOSE OPPORTUNITIES FOR
02:02:18 NURSES YOU KNOW FOR FIRST RESPONDERS, PEOPLE WHO DON'T
02:02:22 QUALIFY AT 120% OF MY BUT FOR WHOM HOMEOWNERSHIP
02:02:26 OPPORTUNITIES ARE STILL NOT AVAILABLE IN THE MARKET WHICH
02:02:30 IS YOU KNOW, THAT'S THE GAP. >> YEAH, I THINK THERE'S A
02:02:33 GREAT QUESTION THAT'S A LOT I'M SORRY BUT I JUST HAD TO GET IT
02:02:37 IN. >> WELL MAYBE I'LL TRY AND BE
02:02:38 BRIEF BUT I'D LOVE TO EXPAND THE CONVERSATION EITHER
02:02:41 IN CHAMBERS OR OUTSIDE. I THINK YOU KNOW WE'RE TO THE
02:02:45 HOMEOWNERSHIP QUESTION. YOU KNOW WE ARE PARTICIPATING
02:02:48 IN AN APPLICATION FOR SOME PLANNING DOLLARS TO LOOK AT
02:02:52 MODULAR INFILL, MODULAR EXECUTIONS AND NOT FROM WHERE I
02:02:55 SIT. I THINK THERE COULD BE A
02:02:59 CONVERGENCE OF, YOU KNOW, TRULY MISSING MIDDLE MISSING MIDDLE
02:03:00 CAN REFER TO LIKE MIDDLE INCOME FOLKS BUT ALSO THESE MIDDLE
02:03:04 SCALE SITES THAT WE AS TAX CREDIT AFFORDABLE HOUSING
02:03:08 DEVELOPERS HAVE A HARD TIME DEVELOPING ON JUST BECAUSE OF
02:03:11 ECONOMIES OF SCALE BUT WHICH COULD BE GREAT FOR FIRST TIME
02:03:14 HOMEBUYER SITES YOU KNOW SMALLER NUMBER OF UNITS IF WE
02:03:19 CAN GET THE COST OF PRODUCTION DOWN.
02:03:20 SO I, I DO THINK THERE'S SOME GOING TO BE SOME EMERGING
02:03:22 RESEARCH AROUND EXACTLY THIS ISSUE AND I THINK IT'S EXACTLY
02:03:28 A KIND OF FIRST TIME HOMEBUYER INCOME LEVEL WHERE I THINK YOU
02:03:33 MIGHT BE ABLE TO GET THE NUMBERS TO WORK OUT WITHOUT TOO
02:03:37 MUCH PUBLIC SUBSIDY. SO VERY INTERESTED IN PURSUING
02:03:41 THAT AND THEN COULD NOT AGREE MORE ABOUT EXPANDING THE
02:03:44 PIPELINE ON THE WEST SIDE. WE DO HAVE A NUMBER OF SITES
02:03:47 OUT THERE THAT ARE READY. SO I MEAN I THINK THERE'S IF WE
02:03:49 CAN GET SOME RESOURCES JUST DELIVERING ON THOSE SITES WOULD
02:03:52 BE OUR FIRST EXECUTION AND THEN HAPPY TO WORK WITH OPW ON OTHER
02:03:56 KIND OF ALTERNATIVE FINANCING STRATEGIES THAT ARE A BIT MORE
02:04:00 BROAD BASED LIKE EIA PHD'S OR OTHERS WHERE WE COULD LOOK MORE
02:04:04 AT AN AREA LEVEL THAN JUST AN INDIVIDUAL SITE.
02:04:07 SO I'M HAPPY TO CONTINUE ENGAGE ON THOSE TOPICS.
02:04:14 THANK YOU SO MUCH DIRECTOR ADAM .
02:04:17 >> WITH THAT I WOULD LIKE TO ASK MR. FRED BROUSSEAU ONE
02:04:22 AFTER PAGE AND LEGISLATIVE ANALYSTS TO PRESENT THE
02:04:23 FINDINGS OF YOUR REPORT. THANK YOU.
02:04:40 OH, HERE LET ME GOOD AFTERNOON CHAIR MELGAR SUPERVISORS CHEN
02:05:09 AND MAHMOOD. I'M FRED BROUSSEAU FROM THE
02:05:10 LEGISLATIVE ANALYST'S OFFICE AND WITH ME THIS AFTERNOON IS
02:05:14 AVALON BAUMAN, A SENIOR ANALYST WITH OUR OFFICE WHO STAFFED
02:05:22 THIS PROJECT AND THE PROJECTS THAT WE'RE GOING TO TALK ABOUT
02:05:25 TODAY WAS THE REPORT WE ISSUED LAST WEEK FUNDING
02:05:29 AND INCENTIVIZING AFFORDABLE HOUSING IN SAN FRANCISCO
02:05:30 PREPARED FOR YOU SUPERVISOR CHEN AT YOUR REQUEST YOU ASKED
02:05:33 US TO LOOK AT FOUR ISSUES. >> ONE WAS TO EXPLAIN PROVIDE
02:05:43 INFORMATION ON OUR CURRENT AFFORDABLE HOUSING SYSTEM
02:05:47 FUNDING PORTFOLIO AND JUST FOR INFORMATION PURPOSES TO PROVIDE
02:05:55 THAT INFORMATION. >> SECOND, YOU ASKED US TO LOOK
02:05:59 AT THE CITY'S DEVELOPMENT IMPACT FEES AND INCLUSIONARY
02:06:03 HOUSING REQUIREMENTS AND SPECIFICALLY SEE WHAT THE
02:06:07 IMPACT WAS OF THE REDUCTION IN THE REQUIREMENTS IN BOTH OF
02:06:12 THOSE AREAS THROUGH THE LEGISLATION ADOPTED IN 2023 BY
02:06:16 THE BOARD OF SUPERVISORS. >> YOU ALSO ASKED US TO LOOK AT
02:06:23 ALTERNATIVE FINANCING STRATEGIES AND OTHER WAYS THAT
02:06:26 THE CITY MAY FIND AND MAKE AVAILABLE MORE FUNDING FOR
02:06:34 AFFORDABLE HOUSING BUT NOT JUST MORE BUT ALSO ENDURING OUR
02:06:39 ONGOING FUNDING. SO RATHER THAN ONE TIME SOURCES
02:06:44 OR SOURCES THAT DEPEND ON A VOTE OR A FEDERAL BUDGET CYCLE
02:06:48 AND SO FORTH, YOUR INTEREST WAS AND SOURCES THAT COULD BE
02:06:52 SUSTAINED OVER TIME. AND THEN FINALLY YOU ASKED US
02:07:00 TO LOOK AT EQUITY ISSUES AND WHETHER OR NOT SAN
02:07:04 FRANCISCO'S VARIOUS VULNERABLE COMMUNITIES WERE BEING
02:07:08 CONSIDERED INCORPORATED, LISTENED TO IN THE PLANNING FOR
02:07:12 AFFORDABLE HOUSING. SO THAT WAS WHAT WE DID.
02:07:16 I'LL SORT OF GO IN THE SAME SEQUENCE TO PRESENT OUR RESULTS
02:07:19 SO IF WE CAN START WITH THE FIRST SLIDE JUST THIS IS THE
02:07:23 KIND OF THE ENVIRONMENT IN WHICH WE ARE OPERATING.
02:07:29 37% OF SAN FRANCISCO RENTERS ARE RENT BURDENED SPENDING MORE
02:07:33 THAN 30% OF THEIR INCOME ON RENT AND 18% ARE SEVERELY RENT
02:07:37 BURDENED MEANING THEY'RE SPENDING MORE THAN 50% OF THEIR
02:07:41 INCOME ON RENT. >> SO IN THE NEXT SLIDE WE TALK
02:07:48 ABOUT WHAT DOES SAN FRANCISCO DO ABOUT THAT?
02:07:49 >> WE PRODUCE AND OVERSEE THE FOLLOWING TYPES OF AFFORDABLE
02:07:53 HOUSING BELOW MARKET RATE UNITS WHICH ARE DEVELOPED ALONG WITH
02:07:56 MARKET RATE DEVELOPMENTS WE PRODUCE AND SPONSOR 100%
02:08:03 AFFORDABLE HOUSING. WE HAVE PERMANENT SUPPORTIVE
02:08:07 HOUSING WHICH IS LARGELY FOR THE HOMELESS POPULATION AND WE
02:08:10 WANT TO MENTION THAT IT WAS NOT FOR A PARTICULAR FOCUS OF THIS
02:08:15 REPORT. WE FOCUSED MORE ON THE HUNDRED
02:08:16 PERCENT AFFORDABLE AND BELOW MARKET RATE HOUSING.
02:08:22 >> THERE'S ALSO PRESERVATION AND REHABILITATION OF COURSE OF
02:08:26 EXISTING HOUSING TO KEEP IT AFFORDABLE.
02:08:30 AND AN IMPORTANT PIECE OF THIS PICTURE IS UNSUBSIDIZED
02:08:34 AFFORDABLE HOUSING OR WHAT IS REFERRED TO AS NATURALLY
02:08:38 OCCURRING AFFORDABLE HOUSING. >> SO IT DOES NOT NECESSARILY
02:08:41 HAVE A PUBLIC SUBSIDY BUT IT IS AFFORDABLE EITHER DUE TO RENT
02:08:46 CONTROL OR OWNERS ARE RENTING THEIR THEIR HOUSING UNITS AT
02:08:50 REASONABLE RATES. >> THE NEXT SLIDE GIVES A
02:08:54 SNAPSHOT OF THE MAYOR'S OFFICE OF HOUSING AND COMMUNITY
02:08:58 DEVELOPMENT AFFORDABLE HOUSING PORTFOLIO AS OF 2026.
02:09:04 >> THIS HAS BEEN MENTIONED EARLIER I THINK THAT THIS
02:09:08 THERE'S ABOUT 36,000 UNITS MOST OF THEM AS YOU CAN SEE HERE ARE
02:09:12 CLASSIFIED AS MULTIFAMILY RENTAL.
02:09:15 THAT'S 20,000 OUT OF THE 36,000 THE INCLUSIONARY HOUSING
02:09:18 PROGRAM CONTRIBUTES 3900. SO THAT'S ANOTHER LARGE NUMBER
02:09:25 ON THIS SCHEDULE. >> THE NEXT SLIDE WE JUMP ON TO
02:09:30 RINA THE REGIONAL HOUSING NEEDS ALLOCATION STATE MANDATED AS I
02:09:36 THINK YOU ALL KNOW VERY WELL THE STATE MANDATE COMES TO THE
02:09:41 REGIONAL PLANNING BODIES THROUGHOUT CALIFORNIA AND THEN
02:09:45 THEY GO THROUGH A PROCESS WHERE THEY ALLOCATE THE STATEWIDE
02:09:47 NEED TO INDIVIDUAL JURISDICTIONS AND THAT GETS US
02:09:50 TO OUR GOAL OF THE 82,069 NEW HOUSING UNITS BY 2031 THERE'S
02:09:58 AN EIGHT YEAR PERIOD THAT IS GOVERNED BY THE RENA
02:10:02 ALLOCATIONS. SO THIS GOES THROUGH JANUARY
02:10:06 2031 IN OUR CASE OF THE 82,000 APPROXIMATELY HOUSING UNITS FOR
02:10:13 6598 ARE TO BE DESIGNATED AS AFFORDABLE HOUSING AND I WANTED
02:10:17 TO JUST GO BACK TO THE POINT I THINK THE PLANNING DEPARTMENT
02:10:22 AND MOSSAD BOTH MADE ABOUT THESE THAT THIS THE ROLE OF THE
02:10:25 CITY IS TO IDENTIFY THE CAPACITY FOR DEVELOPING ALL
02:10:29 THESE UNITS NOT TO NECESSARILY FUND THEM OR SPONSOR THE
02:10:36 CONSTRUCTION OF THEM AND MAKE THEM HAPPEN BUT TO MAKE SURE
02:10:39 THAT THE ZONING LAWS AND PROCEDURES MAKE IT POSSIBLE
02:10:47 . >> AS OF 2025 THE CITY PRODUCES
02:10:48 ONLY 20% OF ITS NEEDED HOUSING FOR THIS CURRENT PERIOD THE ONE
02:10:53 THAT GOES THROUGH 2031 AND AT THE POINT THAT WAS MEASURED WE
02:10:59 WERE 37.5% THROUGH THAT THE THE TIME THAT IS DESIGNATED IN THE
02:11:06 RENO PROCESS. SO WE ARE BEHIND AS HAS BEEN
02:11:08 ALREADY POINTED OUT IN PREVIOUS PRESENTATIONS.
02:11:14 >> ON THE NEXT SLIDE I'LL JUST PROVIDES THE NUMBERS HERE THE
02:11:18 RINA HOUSING GOALS AND BREAKS THEM OUT BY THESE INCOME
02:11:22 BRACKETS THE 82,000 PROGRESS MADE AS OF 2025 THE DEFICIT
02:11:29 72,488 AND YOU CAN SEE THE PERCENTAGE BREAKDOWNS ON THE
02:11:37 PROGRESS MADE. ONE THING TO NOTE HERE THOUGH
02:11:38 IS THE ON THE VERY LOW INCOME THERE ARE SUBCATEGORIES OF THAT
02:11:45 AND ONE IS EXTREMELY LOW INCOME AND YOU WILL SEE IN OUR REPORT
02:11:49 I DON'T THINK WE HAVE THE NUMBER IN THIS PRESENTATION BUT
02:11:50 IT IS HAS A LOWER PROGRESS RATE THAN THE VERY LOW INCOME
02:11:56 OVERALL. >> SO IT IS A TOUGHER AREA TO
02:12:00 PROVIDE HOUSING FOR REQUIRES HIGHER SUBSIDIES AND IT DOESN'T
02:12:08 ALWAYS WORK OUT IN THE FINANCING OF AFFORDABLE HOUSING
02:12:09 PROJECTS. SO THAT IS AN ONGOING CHALLENGE
02:12:12 FOR THE CITY. >> THE NEXT SLIDE SHOWS A
02:12:15 SNAPSHOT FROM FISCAL YEAR 2425 OF SPENDING ON MULTIFAMILY
02:12:19 HOUSING GRANTS AND LOANS FROM LOCAL SOURCES.
02:12:23 THIS IS NOT INCLUDING THE FEDERAL PARTICULARLY THE
02:12:26 FEDERAL TAX CREDITS LOW INCOME HOUSING TAX CREDIT WHICH IS AN
02:12:30 EXTREMELY IMPORTANT SOURCE OF FUNDING FOR AFFORDABLE HOUSING
02:12:31 IN SAN FRANCISCO. BUT THIS DOES SHOW YOU THE
02:12:35 BREAKOUT OF OUR LOCAL FUNDS AND YOU CAN SEE THE IMPORTANCE
02:12:39 OF GENERAL OBLIGATION BONDS, DEVELOPMENT IMPACT FEES AND THE
02:12:42 GENERAL FUND AND THAT WOULD INCLUDE THE CURRENT HOUSING
02:12:46 TRUST FUND GENERAL OBLIGATION BONDS WHICH HAS BEEN A MAJOR
02:12:50 SOURCE FOR OUR AFFORDABLE HOUSING IS OF COURSE SUBJECT TO
02:12:54 VOTER APPROVAL AND LIMITED DURATION.
02:12:57 >> THERE'S AN AMOUNT SET EVERY TIME A BOND IS ISSUED BUT IT
02:13:04 DOESN'T GO ON FOREVER. SO WHEN THAT MONEY IS SPENT WE
02:13:05 HAVE TO GO THROUGH THE PROCESS AGAIN OF GETTING VOTER APPROVAL
02:13:09 AND COMPETING WITH OTHER DEBT ISSUANCE NEEDS OF THE CITY.
02:13:16 SO THERE IS A PROCESS THROUGH THE CAPITAL PLANNING COMMITTEE
02:13:20 WHERE DETERMINATIONS ARE MADE ABOUT HOW OUR DEBT CAPACITY
02:13:25 WILL BE DISTRIBUTED BETWEEN ALL THE VARIOUS NEEDS AFFORDABLE
02:13:28 HOUSING BEING ONE OF THEM. >> SO IN SHORT IT'S NOT A
02:13:32 RELIABLE ONGOING SOURCE ALTHOUGH WE HAVE A PRETTY GOOD
02:13:33 TRACK RECORD IN THE PAST OF BONDS BEING PASSED BY THE
02:13:39 VOTERS FOR AFFORDABLE HOUSING. BUT WE DON'T KNOW WHAT THE
02:13:42 FUTURE HOLDS IN THAT REGARD. >> THE NEXT SLIDE SHOWS THE
02:13:51 DISTRIBUTION OF FUNDING SOURCES FOR A TYPICAL AFFORDABLE
02:13:52 HOUSING UNIT IN SAN FRANCISCO. THIS WAS ASSUMING A PER UNIT
02:13:55 COST OF ABOUT $984,000 PER UNIT AND YOU CAN SEE WHAT THE CITY
02:14:03 CONTRIBUTES ABOUT 32% THE FEDERAL AND I'M SAYING FEDERAL
02:14:09 FUNDING IT'S NOT NECESSARILY FUNDING THAT FLOWS THROUGH THE
02:14:13 CITY BUT THE LOW INCOME HOUSING TAX CREDIT IS A BIG PIECE OF
02:14:17 THAT AND THAT'S GRANTED TO INVESTORS BY FEDERAL AND STATE
02:14:20 ENTITIES SEPARATE FROM THE CITY.
02:14:21 BUT IT'S CRITICAL TO AFFORDABLE HOUSING FINANCING FOR SAN
02:14:26 FRANCISCO. >> THE NEXT SLIDE I'LL SWITCH
02:14:32 TO THE TEMPORARY FEE REDUCTION PROGRAM.
02:14:35 ONE OF YOUR QUESTIONS SUPERVISOR CHEN WAS WHAT HAS
02:14:38 THE IMPACT BEEN OF THAT PROGRAM ADOPTED IN 2023?
02:14:46 THIS FIRST SLIDE IS KIND OF A COMBINATION OF CAUSE
02:14:49 AND EFFECT. >> THIS SHOWS WHAT HAS BEEN
02:14:50 GOING ON IN RECENT YEARS IN TERMS OF HOUSING PRODUCTION.
02:14:53 YOU CAN SEE THE UPS AND DOWNS OVER THE YEARS BUT IF YOU
02:14:57 PARTICULARLY FOCUS ON 2020 ON THERE WAS A BIG DECLINE WE HAD
02:15:04 A NET PRODUCTION OF 4621 UNITS IN 2020 THAT DROPPED DOWN
02:15:10 AND ALL THE SUCCEEDING YEARS THERE WAS AN UPTICK IN 2025 BUT
02:15:16 ONLY TO 2669. SO WE'RE STILL WELL BELOW WHERE
02:15:23 WE WERE BEFORE THE PANDEMIC IN RESPONSE TO THAT AND ON TO
02:15:33 THE NEXT SLIDE, THE TEMPORARY FEE REDUCTION PROGRAM WAS
02:15:35 ADOPTED BY THE BOARD'S SUPERVISOR IN 2023 THAT CREATED
02:15:40 A THREE YEAR WINDOW OF REDUCED DEVELOPMENT IMPACT FEES
02:15:44 AND LOWER INCLUSIONARY HOUSING PROGRAM REQUIREMENTS FOR MARKET
02:15:45 RATE HOUSING THAT WAS A IMPORTANT REASON FOR THAT WAS
02:15:56 THE TECHNICAL ADVISORY COMMITTEE REPORTS THAT REVIEW
02:16:00 WAS INCLUSIONARY HOUSING REQUIREMENTS.
02:16:01 SO THERE FIRST REPORT WAS IN 2023 AND SHOWED THAT THE
02:16:05 MAJORITY OF RESIDENTIAL DEVELOPMENT IN SAN FRANCISCO
02:16:09 WAS FINANCIALLY INFEASIBLE UNDER CONDITIONS AT THAT TIME
02:16:14 AND THEY RAN VARIOUS SCENARIOS AND SHOWED THAT YOU KNOW, THE
02:16:17 IMPACT OF DEVELOPMENT IMPACT FEES AND THE BELOW MARKET RATE
02:16:22 HOUSING REQUIREMENTS ALL CONTRIBUTING TO THE DIFFICULTY
02:16:26 OF PRODUCING HOUSING IN SAN FRANCISCO AND THEY RECOMMENDED
02:16:33 A REDUCTION IN THOSE FEES AND RATES WHICH THE BOARD
02:16:37 FOLLOWED THROUGH ON AND ADOPTED A NEW REPORT HAS COME OUT.
02:16:41 THERE'S A REQUIREMENT THAT THE TECHNICAL ADVISORY COMMITTEE
02:16:45 FOR INCLUSIONARY HOUSING PRODUCE A REPORT EVERY THREE
02:16:48 YEARS SO A NEW ONE HAS JUST COME OUT IN 2026 AND FOUND
02:16:52 PRETTY MUCH THE SAME RESULTS IN FACT ACTUALLY THEY WERE
02:16:56 WORSE. THEY SHOWED THAT MORE PROJECTS
02:16:57 WERE INFEASIBLE ALL UNDER CURRENT CONDITIONS SO ON THE
02:17:05 NEXT SLIDE I WANT TO JUST MAKE THIS POINT THAT THE REDUCTION
02:17:12 IN IN THE FEES AND THE REQUIREMENTS MEAN THAT WE HAVE
02:17:16 LESS PRODUCE FOR AFFORDABLE HOUSING SO THAT THE DECLINE
02:17:20 IN HOUSING PRODUCTION AFFECTS THE TWO FUNDING SOURCES OF THE
02:17:24 INCLUSIONARY HOUSING AND INCLUSIONARY FEES BOTH THE
02:17:31 PRODUCTION OF ONSITE UNITS AND THE FEES PAID IN LIEU
02:17:35 AND THEN IT REDUCES DEVELOPMENT IMPACT FEES PAID BY MARKET RATE
02:17:40 HOUSING DEVELOPERS AND THAT BY THE WAY COVERS PROVIDES FUNDING
02:17:43 FOR AFFORDABLE HOUSING BUT ALSO FOR OTHER PURPOSES.
02:17:48 >> SO THE POINT OF DEVELOPMENT IMPACT FEES IS TO HAVE
02:17:52 DEVELOPERS PAY FOR THE IMPACTS OF THEIR DEVELOPMENTS ON
02:17:56 VARIOUS CITY SERVICES SUCH AS TRANSIT OR ADDITIONAL CHILDCARE
02:18:00 NEEDS BECAUSE OF THE DEVELOPMENT AND AFFORDABLE
02:18:04 HOUSING IS ONE OF THOSE. SO THE FEES ARE USED FOR A
02:18:07 VARIETY OF PURPOSES WHEN THEY ARE REDUCED AND OF COURSE THE
02:18:11 AMOUNT OF FUNDING FOR THOSE PURPOSES GOES AWAY.
02:18:15 ON THE OTHER HAND HOUSING PRODUCTION HAS GONE DOWN SO
02:18:19 IT'S NOT PRODUCING THOSE NEEDS OR PRODUCING THE FUNDS FOR
02:18:23 AFFORDABLE HOUSING. BUT THE BIG PROBLEM IS IT'S NOT
02:18:27 PRODUCING HOUSING TO ON THE NEXT SLIDE WE YOU CAN SEE THE
02:18:35 DROP IN INCLUSIONARY IN LIEU FEES FROM FISCAL YEAR 20 1718
02:18:41 THROUGH 2425 MAJOR DROP AROUND THE SAME TIME AS THE HOUSING
02:18:44 DROPPED. >> SO THIS ISN'T SURPRISING BUT
02:18:48 IT ENDED UP IT ENDS UP IN FISCAL YEAR 2425 WITH A
02:18:52 NEGATIVE AMOUNT BECAUSE THERE WERE PROJECT DEVELOPERS WHO
02:18:58 BACKED OUT OF THEIR PROJECTS EVEN THOUGH THEY HAD INITIALLY
02:19:00 GONE THROUGH THE PAPERWORK TO START THEM BUT THEN CHANGED
02:19:03 THEIR MINDS DUE TO THE FINANCING CONDITIONS THAT THEY
02:19:09 COULDN'T MAKE THEIR PROJECTS WORK WITH.
02:19:13 >> AND THE INCLUSIONARY UNITS ALSO WENT DOWN DURING THAT
02:19:17 PERIOD. IT'S NOT SHOWN ON THE CHART
02:19:18 HERE BUT THERE WAS A REDUCTION FROM ABOUT 428 UNITS IN FISCAL
02:19:24 YEAR 2022 DOWN TO ABOUT A LITTLE OVER 100 IN THE MOST
02:19:28 RECENT YEAR. >> THE NEXT SLIDE SHOWS
02:19:31 AFFORDABLE HOUSING DEVELOPMENT IMPACT FEES WE SHOWED FROM
02:19:36 FISCAL YEAR 2718 THROUGH 2425. >> SAME STORY HERE AND WHAT
02:19:40 THESE THESE FEES ARE JUST THE ONES THAT ARE FOR AFFORDABLE
02:19:44 HOUSING. >> THERE IS MORE THAN THAT
02:19:45 BEING COLLECTED OVER THE SAME PERIOD OF YEARS SHOWN HERE.
02:19:51 IF YOU LOOKED AT ALL THE DEVELOPMENT IMPACT FEES BEING
02:19:53 COLLECTED THE TOTAL WAS ABOUT $194 MILLION.
02:19:58 BUT THEN OF THAT WE SEE HERE 126 FOR AFFORDABLE HOUSING
02:20:04 AND THEN A GREAT REDUCTION IN THAT IN THE MOST RECENT
02:20:07 YEARS AS WE LOOKED AT IT AND LOOKED AT THE OVERALL
02:20:16 CONDITIONS THOUGH OUR CONCLUSION WAS THAT THE AS
02:20:20 SHOWN HERE THE LOSS OF REVENUE WAS PRETTY INSIGNIFICANT
02:20:27 AND WE'VE COME UP WITH SOME ESTIMATES THESE ARE OUR
02:20:28 ESTIMATES BASED ON WHAT SHOULD HAVE BEEN CHARGED IF ALL
02:20:31 PROJECTS HAD GONE THROUGH AS ANTICIPATED.
02:20:35 >> THESE AREN'T ACTUAL NUMBERS FROM THE DEPARTMENT OF BUILDING
02:20:39 INSPECTION OR MACD BUT THESE ARE OUR ESTIMATES BASED ON THE
02:20:43 REDUCTION IN RATES. >> SO FOR EXAMPLE DEVELOPMENT
02:20:46 IMPACT FEES WE ESTIMATE A $1.9 MILLION LOSS BASED ON A 3%
02:20:53 REDUCTION IN REVENUES COLLECTED BUT OF THAT AMOUNT ONLY 211,000
02:20:57 WOULD HAVE GONE FOR AFFORDABLE HOUSING FOR INCLUSIONARY FEES.
02:21:01 >> WE ESTIMATED $448,000 REDUCTION IN FEES COLLECTED
02:21:11 AND THE NEXT SLIDE WE PUT TOGETHER A HYPOTHETIC CALL
02:21:15 DEVELOPMENT PROJECT. THIS WAS ASSUMING A 98 UNIT
02:21:19 PROJECT WITH CERTAIN SQUARE FEET KIND OF LAID OUT HERE BUT
02:21:25 AN 80 TO MILLION DOLLAR PROJECT AND THEN WE ESTIMATED WHAT ALL
02:21:30 THE DEVELOPMENT IMPACT FEES WOULD BE BASED ON THE PROJECT'S
02:21:34 LOCATION BECAUSE AS YOU KNOW THE FEES CAN BE DIFFERENT BASED
02:21:38 ON THE AREA OF OF THE DEVELOPMENT.
02:21:41 >> SO THIS WORKS THROUGH ALL THOSE NUMBERS.
02:21:45 BUT IF YOU LOOK AT THE COLUMN ON THE RIGHT BUT WHAT THAT IS
02:21:49 SHOWING IS THE SAVINGS TO THE TOTAL PROJECT COSTS IN OTHER
02:21:52 WORDS TO THE $88.2 MILLION IF THE FEES WEREN'T IF THE FEES
02:21:59 WERE REDUCED CONSISTENT WITH THE 2003 LEGISLATION AND THE
02:22:02 RANGE THERE BECAUSE THE FEES DIFFER BASED ON WHERE THE
02:22:07 PROJECT IS LOCATED THE HIGHEST WAS 1.8% AND THE LOWEST WAS
02:22:13 0.44% OF THE TOTAL PROJECT COST .
02:22:16 >> SO IT'S A SMALL PIECE OF OF THE TOTAL DEVELOPMENT COSTS.
02:22:27 WHAT THE POINT WE WANT TO MAKE WITH THAT IS THAT THE THE
02:22:31 MACROECONOMIC FACTORS AFFECTING PROJECTS WE HAVE CONCLUDED
02:22:35 IN LOOKING AT THIS ARE HAVE A MUCH BIGGER IMPACT THOSE
02:22:39 REDUCTIONS IN FEES ADOPTED IN 2023 DID NOT CHANGE THINGS
02:22:43 HOUSING PRODUCTION REMAINED VERY LOW MAYBE A SLIGHT UPTICK
02:22:47 IN THE LAST YEAR BUT FACTORS SUCH AS THESE SHOWN ON ON THIS
02:22:54 SLIDE WHICH IS THE CONSTRUCTION COSTS AND THE INCREASE IN THOSE
02:22:58 OVER THE LAST 5 TO 6 YEARS HAVE BEEN FAIRLY DRAMATIC.
02:23:05 AND ON THE NEXT SLIDE WE'RE SHOWING RENT AND CONDOMINIUM
02:23:09 PRICES IN SAN FRANCISCO AND THE FACT THAT THEY HAVE EITHER GONE
02:23:14 DOWN IN THE CASE OF CONDOS OR NOT INCREASED BY VERY MUCH UP
02:23:19 THROUGH 2025. WE DO NOTE THAT THERE'S BEEN
02:23:21 QUITE AN UPTICK IN THE LAST COUPLE OF MONTHS.
02:23:24 SO AS WE WERE WRITING THIS REPORT THERE HAVE BEEN BIG
02:23:27 JUMPS IN RENTS. WE DON'T KNOW IF THAT WILL
02:23:31 CONTINUE OR NOT OR CHANGE THINGS OVER TIME BUT THROUGH
02:23:35 THE PRESENT OUR CONCLUSION IS THE THE CHANGE IN THE FEES DID
02:23:39 NOT GREATLY AFFECT HOUSING PRODUCTION AND IT DID REDUCE
02:23:46 FEE REVENUE FOR AFFORDABLE HOUSING.
02:23:50 ON THE OTHER HAND NOT BY MUCH BECAUSE IT'S SO TIED INTO THE
02:23:54 HOUSING PRODUCTION IN OUR RECOMMENDATIONS IN THE REPORT
02:23:58 WE DO TALK ABOUT THE NEED FOR LOOKING AT THE WHOLE QUESTION
02:24:05 OF YOU KNOW, SHOULD THE FEES BE CONTINUED OR NOT.
02:24:09 ARE THEY STOPPING DEVELOPMENT? WE DON'T BELIEVE THAT WAS THE
02:24:13 CASE LOOKING AT THE LAST COUPLE OF YEARS AND THE DATA WE'VE
02:24:16 PRESENTED TODAY. >> BUT IF THE CITY IF THE
02:24:20 POLICY DIRECTION IS TO DO EVERYTHING POSSIBLE TO INCREASE
02:24:24 HOUSING PRODUCTION AND DEVELOPMENT IMPACT FEES
02:24:28 AND INCLUSIONARY REQUIREMENTS WERE REDUCED, IT MAY MAKE A
02:24:32 DIFFERENCE. >> WE THINK IT'S ON THE MARGIN
02:24:35 . YOU KNOW, THERE COULD VERY WELL
02:24:36 HAVE BEEN INDIVIDUAL PROJECTS WHERE DECISIONS WERE MADE
02:24:39 BECAUSE THE FEES WERE REDUCED AND THAT MAYBE MADE THE PROJECT
02:24:44 FEASIBLE. BUT OVERALL IN THE AGGREGATE IT
02:24:45 WAS NOT SOMETHING THAT WE CAN SEE YOU KNOW, MAKING A
02:24:49 DIFFERENCE ARE GETTING US BACK TO WHERE SAN FRANCISCO WAS
02:24:54 PRIOR TO 2020 ON THIS CURRENT SLIDE I'M SWITCHING NOW TO THE
02:24:59 FINANCING STRATEGIES. THIS IS SHOWING THE BIG
02:25:02 DRAMATIC NUMBER OF YOU KNOW, OUR OUR DEFICIT IN TERMS OF
02:25:07 MEETING THE RINA GOALS AND WHAT WOULD BE NEEDED BASED ON
02:25:08 AVERAGE CITY SUBSIDIES FOR AFFORDABLE HOUSING.
02:25:11 IT'S A KIND OF A WILD NUMBER OF THIS $17.9 BILLION IN CITY
02:25:17 SUBSIDIES NEEDED OR 2.9 BILLION A YEAR.
02:25:21 SO IT'S WELL BEYOND THE RESOURCES WE HAVE OR ANYONE HAS
02:25:29 COME UP WITH POSSIBLE SOURCES FOR AND AGAIN BACK TO THE POINT
02:25:37 EARLIER ABOUT RINA, YOU KNOW, NOT ALL OF THAT WOULD ACTUALLY
02:25:39 HAVE TO BE A CITY COST BECAUSE SOME OF THAT COULD BE PROVIDED
02:25:42 BY THE PRIVATE MARKET OR OTHER OTHER SOURCES.
02:25:48 >> TURNING NOW TO FINANCING TOOLS, WE STARTED OUT WITH THE
02:25:53 AFFORDABLE HOUSING LEADERSHIP COUNCIL REPORT THAT WAS
02:25:56 PRODUCED IN 2024 WHERE THE PLANNING DEPARTMENT ASSEMBLED A
02:26:00 GROUP OF HOUSING EXPERTS AND ADVOCATES AND PRACTITIONERS
02:26:07 AND CAME UP WITH A A EXTENSIVE LIST OF RECOMMENDATIONS FOR
02:26:12 IMPROVING FUNDING FOR AFFORDABLE HOUSING.
02:26:15 >> WE HAVE NOT REPEATED ALL OF THOSE.
02:26:16 WE BORROWED FROM IT AND ADDED TO IT WITH SOME OTHER IDEAS AS
02:26:24 WELL. BUT THIS LIST INCLUDES THEM.
02:26:25 WE HAVE A LOT OF DETAILS ABOUT EACH OF THESE IDEAS IN OUR
02:26:28 REPORT. >> I WON'T GO THROUGH ALL OF
02:26:31 THEM AND AND THE LEVEL OF DETAIL YOU CAN FIND IN THE
02:26:35 REPORT. >> BUT TO SUMMARIZE AND GROUP
02:26:38 THEM BY SOME COMMON THEMES AND I THINK AND FOLLOWING UP ON
02:26:42 SOME OF THE QUESTIONS TO THE PREVIOUS PRESENTERS ABOUT YOU
02:26:46 KNOW, WHAT CAN WE DO WHAT IS ANOTHER SOURCE, WHAT COULD BE
02:26:50 AN ONGOING THING SOURCE WE THOUGHT A LOT ABOUT THAT IN AND
02:26:57 COMING UP WITH IDEAS AND BORROWING FROM SOME OTHER
02:27:01 JURISDICTIONS AND WHAT WE COULD FIND IN THE LITERATURE ABOUT IT
02:27:05 BUT THE MAIN POINT IS THE MONEY IS NOT GOING TO BE GENERATED
02:27:09 FROM NOWHERE. >> SO THIS ALL REALLY STEMS ONE
02:27:13 WAY OR THE OTHER FROM EXISTING CITY RESOURCES AND THE FIRST
02:27:19 FOUR TOOLS PUBLIC FINANCING TOOLS WHERE WE CHARACTERIZE
02:27:23 THEM AS HAVING AN UPFRONT CITY INVESTMENT AND LONG TERM
02:27:27 SELF-SUSTAINABILITY. SO THIS IS THESE ARE KIND OF
02:27:32 INTERESTING WE THINK BECAUSE YES, THEY WOULD TAKE AN
02:27:35 INVESTMENT BY THE CITY AND AN ALLOCATION OF FUNDS THAT COULD
02:27:40 BE USED FOR ALL KINDS OF PURPOSES THAT THE CITY FUNDS
02:27:43 NOW BUT THEY WOULD THERE WOULD HAVE TO BE A POLICY CHOICE TO
02:27:48 PUT THEM INTO AFFORDABLE HOUSING BUT IT WOULD GET US
02:27:51 MUCH FURTHER AND ALL OF THESE HAVE A CHARACTERISTIC OF
02:27:58 RECYCLING THE FUNDS SO THEY WOULD BE USED ON AN ONGOING
02:28:04 BASIS AND REPLENISH THEMSELVES OVER TIME.
02:28:06 SO THE INITIAL INVESTMENT WOULD BE PAID BACK.
02:28:11 A REVOLVING LOAN FUND IS A GREAT EXAMPLE.
02:28:14 WE LOOKED QUITE A BIT AT MONTGOMERY COUNTY, MARYLAND
02:28:18 REVOLVING LOAN FUND WHERE THAT COUNTY PUT IN $100 MILLION
02:28:21 AND IS NOW PROJECTING, YOU KNOW, 6000 NEW UNITS THAT WILL
02:28:24 BE PRODUCED IN TEN YEARS. >> THE FUND GOES IT'S LOANED
02:28:30 OUT FOR THE CONSTRUCTION PART OF THE DEVELOPMENT PROCESS
02:28:34 WHICH IS USUALLY THE HIGHEST COST HIGH INTEREST RATE PART OF
02:28:38 THE LOANS FOR A DEVELOPMENT PROJECT AND THEN THE LOAN
02:28:43 AMOUNT USUALLY GOES DOWN ONCE THE PROJECT IS LEASED UP
02:28:46 AND THERE IS REVENUE COMING IN. SO TO GET DEVELOPERS THROUGH
02:28:50 THAT PROCESS AND THEN RETURN THE FUNDING SO IT CAN BE USED
02:28:58 FOR OTHER DEVELOPERS IS THE CONCEPT BEHIND THE REVOLVING
02:29:00 LOAN FUND ALSO USING THE MONTGOMERY COUNTY MODEL THE THE
02:29:05 HOUSING WOULD BE OWNED OR AT LEAST PARTIALLY OWNED BY THE
02:29:09 COUNTY ITSELF. SO IT KEEPS IT AFFORDABLE
02:29:13 IN PERPETUITY AND BUILDS UP ASSETS FOR THE PUBLIC
02:29:17 JURISDICTION. >> SIMILARLY WITH JOINT POWERS
02:29:21 AUTHORITY A TYPICAL MODEL WOULD BE COMBINING THE HOUSING
02:29:24 AUTHORITY AND THE MAYOR'S OFFICE OF HOUSING AND COMMUNITY
02:29:28 DEVELOPMENT HERE THOUGH OTHER MODELS COULD BE APPLIED.
02:29:29 BUT THE IDEA IS TO POOL RESOURCES AND A JOINT POWERS
02:29:33 AUTHORITY COULD ISSUE BONDS AND TO THE EXTENT IT OWNS THE
02:29:39 HOUSING THAT IS DEVELOPED OR ACQUIRED PROPERTY TAX WOULD NOT
02:29:43 BE REQUIRED ON IT TO HELP KEEP IT AFFORDABLE AND OPEN
02:29:48 INDENTURE IS A VERY AMBITIOUS IDEA.
02:29:52 IT WOULD BE CREATING A BONDING AUTHORITY SEPARATE FROM THE
02:29:55 CITY WHERE THIS ENTITY WOULD ISSUE BONDS, USE THE PROCEEDS
02:30:00 TO LOAN OUT TO OTHER AFFORDABLE HOUSING PROJECTS AND AGAIN
02:30:03 RECYCLE THE FUNDING BUT IT WOULD BE SEPARATE FROM THE
02:30:07 CURRENT CITY PROCESSES. >> CREATING A MUNICIPAL BANK IS
02:30:11 NOT A NEW IDEA. IT'S BEEN CONSIDERED BY THE
02:30:15 CITY FOR A NUMBER OF YEARS BUT ONE OF THE BENEFITS OF DOING SO
02:30:19 WOULD BE TO HAVE FUNDING FOR AFFORDABLE HOUSING AND THAT'S
02:30:23 BEEN PART OF THE VISION OF A MUNICIPAL BANK SINCE IT WAS
02:30:26 FIRST BEING DISCUSSED OVER TEN YEARS AGO.
02:30:30 >> WE ALSO HAVE A SUGGESTION OF CREATING ADDITIONAL
02:30:35 AND ENHANCED INFRASTRUCTURE FINANCING DISTRICTS.
02:30:38 >> THERE ARE SEVERAL NOW IN THE CITY THAT THEY USE INCREASED
02:30:42 PROPERTY TAX FUNDS RELATED TO THE DISTRICT THAT IS DESIGNATED
02:30:49 AND THAT CAN BE USED FOR IMPROVING THE DESIGNATED AREA
02:30:53 AND AFFORDABLE HOUSING. THERE IS A LIMIT ON HOW MUCH
02:30:54 FUNDING CAN BE USED FOR EACH OF THESE IN SAN FRANCISCO.
02:30:58 SO ANOTHER PART OF OUR RECOMMENDATION IS FOR THE BOARD
02:31:01 TO CONSIDER INCREASING THE THE LIMIT ON HOW MUCH FUNDING COULD
02:31:08 GO TOWARD EACH OF THESE LEVERAGING THE SB FIVE 93
02:31:12 BONDING AUTHORITY THAT WAS ALREADY DISCUSSED AS OCI
02:31:20 FUNDING AND PLANS FOR REPLACING PROJECTS THAT WERE LOST AFTER
02:31:24 THE DISSOLUTION OF REDEVELOPMENT AGENCIES AND THAT
02:31:28 WILL BE COMING BACK TO THE BOARD AND THAT'S SOMETHING THAT
02:31:31 THE BOARD COULD SUPPORT AND COULD ENCOURAGE OCI TO
02:31:36 CONTINUE ON WITH AND THEN DEDICATING MORE EXISTING
02:31:39 RESOURCES TO AFFORDABLE HOUSING IS THE SORT OF THE COMMON THEME
02:31:41 FOR THE NEXT THREE. >> THERE WAS PROPOSITION I
02:31:44 GENERATED REVENUE INITIALLY PASSED AS JUST A GENERAL TAX
02:31:51 IN 2020 BUT THE FUNDING HAS BEEN COMING IN AT THE RATE OF
02:31:54 ABOUT $100 MILLION A YEAR. THERE WAS ANOTHER PROPOSITION
02:31:59 PASSED WHICH SUGGESTED THAT IT BE USED FOR THE CITY OWNING,
02:32:03 DEVELOPING AND OWNING NEW HOUSING UNITS AND THEN ANOTHER
02:32:10 RESOLUTION PASSED BY THE BOARD IN 2020 CALLED FOR THE FUNDING
02:32:14 TO BE USED FOR SOCIAL HOUSING. >> SO THAT FUNDING IS STILL
02:32:17 BEING COLLECTED AT $100 MILLION A YEAR.
02:32:20 >> THE BOARD COULD ADVOCATE FOR IT TO BE USED FOR SOCIAL
02:32:24 HOUSING OR ANOTHER FORM OF AFFORDABLE HOUSING.
02:32:28 BUT SINCE THE LEGISLATIVE HISTORY WAS GEARED TO SOCIAL
02:32:31 HOUSING WE HAVE SUGGESTED THAT AND THAT HAS THE BENEFIT AGAIN
02:32:36 OF CITY OWNERSHIP OF THE HOUSING KEEPING IT AFFORDABLE
02:32:40 IN PERPETUITY, RAISING THE DEBT CEILING FOR AFFORDABLE HOUSING
02:32:44 THROUGH GENERAL OBLIGATION BONDS AND CERTIFICATES OF
02:32:47 PARTICIPATION IS ANOTHER IDEA ALONG THE SAME LINES THAT WOULD
02:32:51 ALLOW FOR MORE BONDING FOR AFFORDABLE HOUSING FROM EITHER
02:32:59 OF THOSE INSTRUMENTS. IT HAS THE POTENTIAL DOWNSIDE
02:33:00 OF COURSE OF TAKING AWAY FUNDING FROM TAKING AWAY
02:33:06 PROPERTY TAX MONEY IN THAT WOULD OTHERWISE HAVE BEEN
02:33:10 AVAILABLE. IT COULD ALSO LOWER THE CREDIT
02:33:13 RATINGS OF THE CITY AND BUT IT COULD GENERATE QUITE A BIT WE
02:33:18 ESTIMATE FOR EVERY .01 PERCENT INCREASE IN THE OBLIGATED
02:33:25 GENERAL OBLIGATION BOND DEBT CAPACITY ABOUT $410 MILLION
02:33:29 IN DEBT DEBT CAPACITY PRINCIPAL COULD BE MADE AVAILABLE
02:33:36 AND HANSING THE HOUSING TRUST FUND ALLOCATION.
02:33:40 THIS HAS BEEN TALKED ABOUT QUITE A BIT ALREADY AND I KNOW
02:33:41 IT'S A SUBJECT OF A BALLOT INITIATIVE THAT MAY BE COMING
02:33:47 SO WE WANTED TO ADD THAT TO OUR LIST.
02:33:48 >> IT SEEMS LIKE A GREAT OPPORTUNITY THIS LIKE
02:33:52 EVERYTHING ELSE MEANS OF COURSE FUNDING COMING FROM THE GENERAL
02:33:56 FUND AND BEING REALLOCATED TO AFFORDABLE HOUSING BUT I THINK
02:34:02 I JUST WANT TO MAKE THAT POINT VERY CLEAR THAT THAT IS COMMON
02:34:07 TO ALL OF THE RECOMMENDATIONS THAT THIS IS REALLY A POLICY
02:34:08 CHOICE FOR THE BOARD TO SAY WE'RE GOING TO MAKE THAT KIND
02:34:12 OF COMMITMENT AND ALLOCATE MORE MONEY BECAUSE WE CAN'T WE CAN'T
02:34:18 MAKE IT AT THE RATE WE ARE GOING OUT NOW WITH THE
02:34:20 RESOURCES WE HAVE. >> WE ALSO SUGGEST NEW OR
02:34:23 ENHANCED TAXES. THERE'S A LIST OF THEM ON THIS
02:34:26 NEXT SLIDE. >> I WON'T GO THROUGH ALL OF
02:34:30 THEM BUT THEY ARE PROBABLY FAMILIAR TO ALL OF YOU BUT THEY
02:34:31 ALL OFFER THE POTENTIAL FOR ADDITIONAL REVENUE AND LESS ON
02:34:37 THE DIRECT FINANCIAL BENEFIT SIDE.
02:34:38 BUT IS CONTINUING TO PURSUE LOCAL AND REGIONAL BONDS JUST
02:34:45 TO CONTINUE THAT AS A SOURCE CONTINUING ADVOCACY EFFORTS AT
02:34:49 THE STATE AND FEDERAL LEVEL FOR FUNDING FROM THOSE SOURCES OR
02:34:53 YOU KNOW, NEW SOURCES OF FEDERAL AND STATE MONEYS
02:34:57 AND THEN CONTINUING ADVOCACY FOR EFFICIENCY EFFORTS TO TO
02:35:01 IMPROVE PROCESS IS BUT ALSO TO LOWER CONSTRUCTION COSTS.
02:35:09 WE ALSO DO HAVE A RECOMMENDATION ON THE NEXT
02:35:10 SLIDE FOR CONTINUED MONITORING OF THE OTHER RECOMMENDATIONS
02:35:15 IN THE LEADERSHIP COUNCIL REPORTS.
02:35:16 THERE'S A LOT OF GREAT IDEAS THERE THAT WE DON'T WANT TO GET
02:35:20 LOST OVER TIME IF THERE ISN'T SOME FORMAL PROCESS TO FOLLOW
02:35:24 THEM VERY QUICKLY ON THE EQUITY GAPS AND OPPORTUNITIES WE DID
02:35:30 FIND THAT THE CURRENT PROCESS DEFINITELY IDENTIFIES VARIOUS
02:35:35 POPULATION AND VULNERABLE GROUPS IN SAN FRANCISCO
02:35:42 AND DOCUMENTS AND REPORTS ON AFFORDABLE HOUSING MADE
02:35:45 AVAILABLE TO THEM. THERE ARE SOME OF THESE GROUPS
02:35:47 IDENTIFIED ON THE NEXT SLIDE THERE'S THE PREFERENCE SYSTEM
02:35:53 AS YOU KNOW IN ALLOCATING AFFORDABLE HOUSING WHICH
02:35:55 DESIGNATES CERTAIN POPULATION, THERE'S THE HOMELESS POPULATION
02:35:58 WHICH IS CERTAINLY VERY DESIGNATED AND HAS A WHOLE
02:36:02 SYSTEM OF AFFORDABLE HOUSING CONSTRUCTION AND TRACKING OF
02:36:06 ALLOCATION OF HOUSING FOR THEM. LOW INCOME HOUSEHOLDS ARE
02:36:10 TRACKED CAREFULLY AND REPORTED ON AND THOSE WITH HOUSING
02:36:14 INSECURITY ARE IDENTIFIED AND FUNDING IS AVAILABLE FOR
02:36:21 ASSISTANCE IN RENTAL SUBSIDIES, EVICTION DEFENSE ASSISTANCE
02:36:28 AND OTHER SERVICES. >> WE ALSO FOUND AND REVIEWED A
02:36:33 LOT OF OUTREACH EFFORTS BY THE MAYOR'S OFFICE OF HOUSING
02:36:37 AND COMMUNITY DEVELOPMENT TO SOLICIT INPUT FROM VARIOUS
02:36:40 SUBGROUPS AND VULNERABLE POPULATIONS.
02:36:43 THIS IS INFORMED THE HOUSING ELEMENT AND THE HOUSING ELEMENT
02:36:47 UPDATE WHERE WE THINK THERE'S ROOM FOR IMPROVEMENT IS
02:36:52 TRACKING THE RESULTS ON ALL THAT OUTREACH EFFORT AND THE
02:36:53 GOALS AND SO FORTH THAT HAVE BEEN SET FROM IT.
02:36:56 THERE WAS REFERENCE EARLIER TO THE THE ANNUAL PROGRESS REPORT
02:36:59 THAT SUBMITTED BY MOTOR CITY TO THE STATE THAT IS NOT ALWAYS
02:37:06 VERY TRANSPARENT TO THE PUBLIC OR TO GROUPS COMMUNITY GROUPS
02:37:10 THAT WANT TO SEE WHAT JUST HAPPENED AND WHAT SORT OF
02:37:12 PROGRESS HAS BEEN MADE WITH REFERENCE TO THEIR GROUP.
02:37:16 SO THAT IS SOMETHING WE THINK COULD BE IMPROVED.
02:37:19 SIMILARLY THERE'S A HUD MANDATED ANALYSIS OF
02:37:23 IMPEDIMENTS TO FAIR HOUSING CHOICE.
02:37:26 IT'S AN EXTREMELY COMPREHENSIVE REPORT.
02:37:27 IT'S IDENTIFIED AS VULNERABLE POPULATIONS AND REMEDIES
02:37:31 UNDERWAY TO ENSURE THEY HAVE THE AFFORDABLE HOUSING THEY
02:37:34 NEED. BUT IT IS ONLY PRODUCED EVERY
02:37:37 FIVE YEARS. IT'S NOT A EASY DOCUMENT TO
02:37:41 REVIEW FOR THE GENERAL PUBLIC SO IT'S ANOTHER AREA WHERE WE
02:37:45 THINK REPORTING CAN BE IMPROVED AND WE HEARD LOUD AND CLEAR
02:37:49 FROM MOST ABOUT ALL THE REPORTING THAT THEY CURRENTLY
02:37:53 DO. >> WE ARE SENSITIVE TO THAT
02:37:57 AND OUR RECOMMENDATION IS THAT THERE BE SOME SORT OF PROCESS
02:38:02 WHERE THE BOARD AND MOSTLY TALK ABOUT A WAY IN WHICH THIS
02:38:06 INFORMATION CAN BE REPORTED WITHOUT BEING BURDENSOME BUT
02:38:09 STILL GETTING THE KEY INFORMATION ACROSS TO THE BOARD
02:38:13 OF SUPERVISORS AND COMMUNITY GROUPS THAT ARE INTERESTED
02:38:17 IN THIS BECAUSE WE INTERVIEWED A NUMBER OF HOUSING PROVIDERS
02:38:21 AND ADVOCATES VARIOUS GROUPS FELT THAT THEY DIDN'T KNOW WHAT
02:38:25 WAS HAPPENING AND IN TERMS OF RESPONDING TO THEIR NEEDS
02:38:29 AND THE INPUT THEY PROVIDED SAFE HOUSING FOR WOMEN
02:38:32 SURVIVORS OF DOMESTIC VIOLENCE AND EXTREMELY LOW INCOME
02:38:36 HOUSEHOLDS OR GROUPS THAT SORT OF STOOD OUT AS WANTING MORE
02:38:40 INFORMATION ABOUT PROGRESS BEING MADE.
02:38:43 >> A QUICK SLIDE HERE ON HOUSING UNITS IN SAN FRANCISCO
02:38:47 VERSUS HOUSING NEED I THINK THIS IS KIND OF AN INTERESTING
02:38:49 WAY OF LOOKING AT IT AND PROBABLY A GOOD MEASURE TO
02:38:52 TRACK OVER TIME. HERE'S WHERE YOU SEE KIND OF
02:38:56 THE NUANCE OF THE LOWER INCOME PROGRESS THAT HAS BEEN MADE
02:39:00 WHICH IS VERY ENCOURAGING FOR THE LOW INCOME AND VERY LOW
02:39:03 INCOME GROUP WHERE YOU SEE THE NUMBER OF UNITS PRODUCED
02:39:07 RELATIVE TO THE HOUSING NEED. IT IS LESS ENCOURAGING FOR THE
02:39:10 EXTREMELY LOW INCOME WHERE THERE'S STILL A GAP
02:39:14 AND INTERESTINGLY FOR THE ABOVE MODERATE GROUPS.
02:39:17 >> SO WE HAVE A NUMBER OF RECOMMENDATIONS FOLLOWING UP ON
02:39:21 SOME OF THE POINTS I MADE ON THE EQUITY RELATED ISSUES AND I
02:39:25 KNOW THERE'S A LOT OF INFORMATION HERE AND I'LL STOP
02:39:29 NOW AND WE'RE HAPPY TO RESPOND TO ANY QUESTIONS.
02:39:33 >> THANK YOU. FIRST I WOULD LIKE TO REALLY
02:39:36 EXPRESS MY GREAT APPRECIATION FOR MR. BOZELL AND ALSO YOUR
02:39:39 COLLEAGUE AVALON BELLMAN AND STEPHANIE SAWYER FOR ALL
02:39:45 YOUR GREAT WORK ON THIS REPORT. >> SO I DO HAVE A COUPLE OF
02:39:48 QUESTIONS AND I'M GOING TO BE FASTER YOU REFERENCE THAT
02:39:52 POSSIBLY 8.6% OF SAN FRANCISCO'S HOUSING STOCK IS
02:39:56 THE RESTRICTED AFFORDABLE HOUSING.
02:39:57 >> HOW DOES THIS COMPARE TO OTHER JURISDICTIONS?
02:40:00 WOULD YOU SAY THAT HAVING A HIGHER PROPORTION OF OUR
02:40:03 HOUSING STOCK PERMANENTLY AFFORDABLE PROVIDES MORE
02:40:07 STABILITY TO SERVE THE CITY'S WORKFORCE AND OUR LOCAL
02:40:11 COMMUNITIES? >> LET'S START WITH THE LAST
02:40:15 QUESTION FIRST THAT HAS ABSOLUTELY I WOULD AGREE WITH
02:40:18 THAT STATEMENT. YES, IT WOULD IT WOULD DO ALL
02:40:22 OF THOSE THINGS IN TERMS OF HOW WE COMPARE.
02:40:25 >> WE HAVE LOOKED AT THAT. IT IS NOT THAT EASY
02:40:29 UNFORTUNATELY TO COMPARE CITY TO CITY BECAUSE THERE'S
02:40:33 DIFFERENT KINDS OF PROGRAMS AND DIFFERENT WAYS THAT CITIES
02:40:35 MEASURE AFFORDABLE HOUSING. >> HAVING SAID THAT, SO THIS IS
02:40:41 YOU KNOW, SHOULDN'T BE TAKEN AS THE MOST RELY OBEL WAY OF
02:40:46 LOOKING AT IT BUT WE'RE PROBABLY HIGHER THAN A LOT OF
02:40:47 CITIES IN THE COUNTRY AND THERE ARE OTHER CITIES THAT ARE
02:40:50 HIGHER BUT THEY WOULD BE A SMALL HANDFUL I WOULD SAY
02:40:55 HIGHER THAN 9% BUT THEY'RE NEW YORK AND BOSTON SORT OF STAND
02:40:57 OUT. THEY REPORT MUCH HIGHER
02:41:00 PERCENTAGES BUT THEY HAVE DIFFERENT KINDS OF PROGRAMS
02:41:03 IN PLACE AS WELL. >> IF YOU GO OUTSIDE THE U.S.
02:41:06 THERE ARE SOME ASTOUNDINGLY HIGH NUMBERS SINGAPORE, YOU
02:41:11 KNOW, 80% OF THE PEOPLE IN SINGAPORE LIVE IN SOME FORM
02:41:12 OF PUBLIC HOUSING, 60% IN VIENNA I THINK IT'S 30 OR
02:41:18 MORE IN AMSTERDAM. BUT AGAIN THEIR PROGRAMS MIGHT
02:41:21 NOT EXACTLY MATCH US IN TERMS OF DEED RESTRICTION OR FUNDING
02:41:25 SOURCES AND SO FORTH. BUT THERE'S LOTS OF ROOM ON THE
02:41:29 UPSIDE I WOULD SAY FOR INCREASING OUR PERCENTAGE RATE.
02:41:33 >> THANK YOU. AND ALSO REFERRING TO THE THE
02:41:36 REPORT ESPECIALLY ON THE ANALYSIS OF THE FEE REDUCTION
02:41:40 PROGRAM IMPACTS, I KNOW THAT THAT'S PENDING LEGISLATION
02:41:44 WHICH I WILL NOT DISCUSS BUT I DID WANT TO BETTER UNDERSTAND
02:41:47 AND ANALYSIS THAT THE IMPACT OF THE HIGHER FEE REDUCTIONS.
02:41:51 I'M WONDERING HOW MUCH BANG OF OUR BUDGET THE CITY GOT FROM
02:41:55 THE REDUCTION OF THE FEES YOU MENTIONED THAT IN YOUR ANALYSIS
02:41:59 DEPENDING ON THE LOCATION OF THE PROJECT AND THE APPLICABLE
02:42:03 FEES THERE WERE MODEST COST SAVING FOR DEVELOPERS BETWEEN
02:42:10 0.44 TO 1.83% OF THEIR TOTAL DEVELOPMENT COSTS.
02:42:11 >> DOES THIS MEAN THAT THE COST SAVINGS FROM REDUCED IF YOU
02:42:15 WERE INSUFFICIENT TO MAKE PROJECTS PENCIL THAT IS A GREAT
02:42:21 QUESTION AND WE STRUGGLED WITH THAT OURSELVES WHEN WE WERE
02:42:23 WORKING ON THE PROJECT BECAUSE WE DON'T KNOW ON AN INDIVIDUAL
02:42:26 PROJECT LEVEL IF A 1% SAVINGS IN TOTAL COST MADE A DIFFERENCE
02:42:33 OR NOT AND MAYBE IT DID BUT WE CAN'T TELL FROM THE AGGREGATE
02:42:37 DATA. BUT WHAT WE CAN TELL IS HOUSING
02:42:41 DID NOT SWING BACK SO THERE MAY HAVE BEEN INDIVIDUAL PROJECTS
02:42:45 THAT BENEFITED AND DECISIONS WERE MADE TO GO FORWARD WHERE
02:42:50 THEY WOULDN'T HAVE BEEN WITHOUT THE PROGRAM BUT THE OVERALL
02:42:56 IMPACT HAS YOU KNOW, HAS NOT DRAMATICALLY CHANGED HOUSING
02:43:00 PRODUCTION. >> RIGHT.
02:43:01 AND I ALSO HAVE A FOLLOW UP QUESTION ON THE SLIDE THAT YOU
02:43:06 PRESENTED FOR 2025 ON PAGE 25 OF THE SLIDE NEW HOUSING UNITS
02:43:10 IN SAN FRANCISCO VERSUS HOUSING NEED I APPRECIATE THIS
02:43:14 CONVERSATION AND BECAUSE IT CREATES A SPACE FOR MORE
02:43:19 STRATEGIC PLANNING I BELIEVE THAT IT WOULD BE USEFUL TO
02:43:23 BETTER UNDERSTAND THIS DATA NOT JUST FOR ONE YEAR BUT OVER A
02:43:28 TEN YEAR PERIOD. WHAT WE NEED TO PRODUCE EVERY
02:43:32 YEAR AND WHAT LEVEL OF INVESTMENT WE NEED ON AN ANNUAL
02:43:36 BASIS AND WE NEED TO GO FURTHER THAN THAT BY UNDERSTAND WHAT
02:43:37 INVESTMENT IS NEEDED TO ACHIEVE OUR GOAL AT EACH AMI LEVEL
02:43:42 BECAUSE WE KNOW THAT ALL THINGS CONSIDER THE COSTS TO ILA UNITS
02:43:49 ARE DIFFERENT THAN X THEN EXAMPLE OF MODERATE INCOME
02:43:50 UNITS WE SHOULD COREA'S TABLE WITH THIS KIND OF DATA OVER A
02:43:56 TEN YEAR PERIOD IS THIS KIND OF DATA OR ANALYSIS AVAILABLE?
02:44:00 >> THE DATA IS DEFINITELY AVAILABLE BECAUSE THIS IS
02:44:04 SHOWING NEW HOUSING UNITS SO WE CAN GET THAT FOR ANY YEAR
02:44:07 AND THE HOUSING NEED AND I'M GOING TO ASK AVALON BELLMAN TO
02:44:12 CONFIRM THAT I THINK THAT YOU KNOW, THAT WOULD REMAIN
02:44:15 CONSTANT. >> AS FOR EVERY RINA PERIOD IS
02:44:16 THAT MISSING? >> OKAY.
02:44:19 SO YOU KNOW THAT WE HAD ONLY CHANGED IF WE WENT BACK IN TIME
02:44:23 TO THE PREVIOUS RINA PERIOD BUT FOR THE CURRENT AND THROUGH
02:44:28 2030 THAT COULD STAY THE SAME. SO I THINK WHAT YOU'RE ASKING
02:44:30 WOULD BE FAIRLY SIMPLE TO DO TO KIND OF KEEP THAT AS AN ONGOING
02:44:34 METRIC YEAR AFTER YEAR THAT WOULD BE GREAT AND I'M MOVING A
02:44:37 LITTLE FASTER BECAUSE I KNOW SOME OF OUR COMMENTERS NEED TO
02:44:41 GO I'M NOT I'M SWITCHING TO MY FUNDING STRATEGY.
02:44:45 ONE OF THE STRATEGIES THAT YOU OUTLINE IN OUR REPORT IS TO
02:44:48 CREATE JOINT PALITHA AUTHORITY THAT WOULD COMBINE THE POWER OF
02:44:53 MOST CD WITH THOSE OF THE HOUSE WITH THOSE OF THE HOUSING
02:44:56 AUTHORITY AND EVEN POTENTIALLY OCI.
02:45:00 WHAT ARE SOME OF THE ADDITIONAL POWERS THAT WOULD BE CREATED
02:45:03 UNDER THIS JOINT POWER AUTHORITY AND WHAT ADDITIONAL
02:45:05 ACTIVITIES COULD A JOINT POWER AUTHORITY HELP US IMPLEMENT?
02:45:08 >> I THINK THE BIGGEST DIFFERENCE SUPERVISOR IS THAT
02:45:12 THERE WOULD BE POOLED RESOURCES FROM THE TWO AGENCIES SO THE
02:45:15 HOUSING AUTHORITY OWNS PROPERTIES.
02:45:19 THE HOUSING AUTHORITY HAS EXPERTISE IN MANAGING
02:45:23 PROPERTIES, MANAGING THE VOUCHER PROGRAM AND THEN THAT
02:45:26 WOULD BE COMBINED WITH A FINANCING ARM OF MOST CDF.
02:45:30 SO THE JOINT POWERS AUTHORITY COULD ISSUE BONDS, THEY COULD
02:45:34 BE ACQUIRING PROPERTIES, DEVELOPING PROPERTIES AND THEY
02:45:35 WOULD ALREADY HAVE SOME IN-HOUSE EXPERTISE AND MANAGING
02:45:41 THOSE ASSUMING THEY WOULD CONTINUE TO OWN THEM.
02:45:45 >> AND I ALSO WANT TO ANOTHER FUNDING QUESTION IS THAT WE WE
02:45:49 ONE OF THE CHALLENGE TO CURRENT AFFORDABLE HOUSING SITE
02:45:53 EXPERIENCE IS OUR OPERATING DEFICIT ONCE PROJECTS HAVE BEEN
02:45:56 BUILT. SO THIS MAY COME AS A RESULT OF
02:46:00 RISING INSURANCE COSTS, CAPITAL IMPROVEMENT CAUSES OR EVEN
02:46:04 POTENTIALLY LOSS OF WELFARE TAX EXEMPTION FOR EXAMPLE.
02:46:09 ANY OF THIS STRATEGY IN THE REPORT APPROPRIATE TO HELP FILL
02:46:12 THE GAPS FOR THIS OPERATING BUDGET AND I KNOW THAT
02:46:13 SUPERVISOR MELGAR AND DIRECTOR ADAM ALSO HAD SIMILAR
02:46:17 CONVERSATION EARLIER. >> RIGHT.
02:46:21 THE I THINK THE ANSWER TO THE QUESTION IS THAT WHAT WHATEVER
02:46:25 STRATEGY GIVES THE GREATEST FLEXIBILITY TO THE ENTITY WOULD
02:46:32 MEAN FUNDING COULD BE MADE AVAILABLE AS NEEDED FOR
02:46:35 ELEVATOR REPAIR OR YOU KNOW, MAINTENANCE AT AN EXISTING SITE
02:46:39 THAT'S FALLEN INTO DISREPAIR OF THE STRATEGIES LISTED, THE OPEN
02:46:47 INDENTURE PROVIDES A LOT OF FLEXIBILITY BECAUSE IT'S
02:46:51 ISSUING BONDS AND AND THE ENTITY WOULD HAVE THE
02:46:54 DIFFERENCE BETWEEN WHAT IS BEING COLLECTED AND BONDS BEING
02:46:58 ISSUED TO USE AS IT SEES FIT. >> BUT THAT COULD BE TRUE OF
02:47:03 SOME OF THE OTHER OPTIONS AS WELL AS LONG AS THERE ARE I
02:47:06 THINK THERE WAS REFERENCE EARLIER TO THE HOUSING TRUST
02:47:09 FUND AND IF THAT'S EXPANDED AND ADDITIONAL FUNDING IS
02:47:11 COMING IN, THERE'S YOU KNOW THE ADMINISTRATIVE CODE ALLOWS FOR
02:47:17 USING THAT FOR ALL PURPOSES RELATED TO AFFORDABLE HOUSING
02:47:21 INCLUDING MAINTENANCE. >> SO THE MORE THAT IS
02:47:25 AVAILABLE FROM THAT SOURCE, FOR EXAMPLE, THE MORE THAT COULD BE
02:47:28 USED FOR DIFFERENT REASONS. >> GREAT.
02:47:29 THANK YOU. AND ONE THING THAT I ALSO FOUND
02:47:31 INTERESTING IS THAT SOME OF THE FINANCING STRATEGY YOU
02:47:35 DESCRIBED REQUIRE INITIAL INVESTMENT OF STAFF TIME
02:47:39 FUNDING BUT THEN A CHIEF FINANCIAL SELF SITS IN SAYS
02:47:42 THAT SUSTAINABILITY OVER TIME I'M THINKING ABOUT A REVOLVING
02:47:46 LOAN FUND AND OR A MUNICIPAL BANK FOR EXAMPLE.
02:47:50 MANY PROJECTS RELY ON PRIVATE CONSTRUCTION TERM FINANCING
02:47:53 FROM COMMERCIAL BANKS WHICH CAN BE VERY EXPENSIVE.
02:47:57 >> DO YOU SEE THE COST SAVING FOR AFFORDABLE HOUSING PROJECTS
02:48:01 AS A RESULT OF MORE FAVORABLE FINANCING FROM SAY A REVOLVING
02:48:05 LOAN FUND OR A MUNICIPAL BANK PROVIDE JURISTIC JUSTIFICATION
02:48:09 FOR THE UPFRONT COST TO STOP THIS PROGRAMS?
02:48:14 >> YES, I THINK THAT'S A VERY GOOD SUMMARY.
02:48:18 THAT IS OF THE STRATEGIES WE INCLUDED THAT INCLUDE AN
02:48:22 INITIAL INVESTMENT ALL FALL UNDER THAT APPROACH.
02:48:28 SO THEY WOULD THERE WOULD BE AN UPFRONT COST AND THERE WOULD BE
02:48:32 ONGOING FUNDING AVAILABLE TO CONTINUE IT OVER TIME WITHOUT
02:48:39 THE CITY HAVING TO ALWAYS COME BACK AND PROVIDE ADDITIONAL
02:48:41 FUNDING. >> RIGHT.
02:48:44 YOU AND I ALSO KNOW THAT THE STATE AND CITY HAVE ADOPTED
02:48:45 POLICY GOALS TO ENCOURAGE AFFORDABLE HOUSING AND WHILE
02:48:48 RESOURCES DO NEIGHBORHOOD LIKE THE WEST SIDE IN SAN FRANCISCO,
02:48:52 ONE CHALLENGE IS THAT THE LENDERS ARE ALREADY BUILT UP
02:48:55 AND THERE ARE FEW A LARGER OPPORTUNITY SIDE THAT COULD
02:48:57 ACCOMMODATE UP TO A 100 UNITS THE THRESHOLD THAT STATE
02:49:00 FUNDING THROUGH HOUSING TAX CREDIT IT'S PRIORITIZING
02:49:04 HUNDRED PLUS UNITS ANY OF THIS STRATEGY APPROPRIATE TO HELP
02:49:11 DELIVER SMALLER PROJECTS ON SMALLER OPPORTUNITY SITES?
02:49:14 ARE ANY OF THIS STRATEGY APPROPRIATE TO HELP ACQUIRE
02:49:18 THIS OPPORTUNITY SITE TO BUILD THE PIPELINE FOR THESE FUTURE
02:49:20 PROJECTS? I THINK THAT YOU KNOW, IF YOU
02:49:26 GET AWAY FROM LOW INCOME HOUSING TAX CREDIT THEN MAYBE
02:49:29 THAT OPENS UP MORE DOORS FOR SMALLER SITES.
02:49:33 >> THE REVOLVING LOAN FUND, FOR EXAMPLE WOULD NOT BE DEPENDENT
02:49:36 ON THE LOW INCOME HOUSING TAX CREDIT SO IT COULD BE FUNDING
02:49:40 PROJECTS OF ANY SIZE OR ON ANY SIZED PARCEL OF LAND OR NUMBER
02:49:44 OF UNITS. SO I KNOW WE ALSO TALK ABOUT
02:49:48 PUBLIC LAND. I'M ALSO PARTICULARLY
02:49:51 INTERESTED IN HOW THE CITY IS LEVERAGING OUR PUBLIC LANDS FOR
02:49:55 AFFORDABLE HOUSING DEVELOPMENT. DO YOU DOES ANY OF THIS
02:49:56 STRATEGY PROVIDE US WITH AN ADDITIONAL TOOL TO HELP
02:50:00 MAXIMIZE PUBLIC LAND RESOURCES FOR AFFORDABLE HOUSING?
02:50:04 >> RIGHT. I WOULD SAY NOT SPECIFICALLY
02:50:08 BUT THEY PROVIDE FUNDING FOR PROJECTS AND THE MORE FUNDING
02:50:12 YOU HAVE FOR PROJECTS THAT COULD CERTAINLY INCLUDE
02:50:15 PROJECTS ON PUBLIC LAND I'LL JUST MENTION THAT WE ARE
02:50:19 WORKING ON THE REPORT ON THAT VERY TOPIC RIGHT NOW SO WE WILL
02:50:23 HAVE A REPORT OUT THIS SUMMER ON WAYS THAT PUBLICLY OWNED
02:50:27 LAND IN SAN FRANCISCO COULD BE USED FOR HOUSING AND OTHER
02:50:30 PURPOSES. >> GREAT.
02:50:31 THANK YOU. AND I ALSO REALLY APPRECIATE
02:50:32 THAT YOU PRODUCE DID A LONG LIST OF STRATEGIES THAT IT'S
02:50:36 RECOMMENDED TO TO TO THE POLICYMAKERS.
02:50:39 IS THERE ANY SINGLE SOURCE SUFFICIENT TO ADDRESS THE
02:50:42 AFFORDABLE HOUSING GOALS OR OUR UNMET NEEDS THERE COMBINATIONS
02:50:46 THAT ARE MORE IMPORTANT TO PAIR TOGETHER?
02:50:50 I THINK YOU KNOW, IDEALLY THEY COULD ALL BE DONE AND THEY
02:50:55 WOULD, YOU KNOW, PRODUCE EVEN MORE FUNDING.
02:50:58 THAT'S PROBABLY NOT REALISTIC. SO I THINK THAT ONE OF ONE OF
02:51:02 OUR RECOMMENDATIONS IS THAT CITY STAFF COME BACK TO YOU ON
02:51:06 PARTICULARLY THOSE THAT REQUIRE THE UPFRONT INVESTMENT AND KIND
02:51:10 OF GIVE YOU THE DETAILS OF WHAT THAT WOULD TAKE TO GET IT UP
02:51:14 AND LAUNCH LIKE THE OPEN INDENTURE OR THE JOINT POWERS
02:51:18 AUTHORITY, THE REVOLVING LOAN FUND AND THEN I THINK THAT WILL
02:51:21 HELP IN THE DECISION MAKING PROCESS TO SAY WELL WHAT'S THE
02:51:25 PAYOFF GOING TO BE? WHAT ARE WE GOING TO HAVE TO
02:51:27 PUT UPFRONT? I WILL TELL YOU FOR AN OPEN
02:51:29 INDENTURE FOR EXAMPLE, THAT'S PROBABLY THE MOST COMPLEX CASE
02:51:33 NEW YORK CITY HAS ONE THEY'VE PRODUCED TENS OF THOUSANDS OF
02:51:38 HOUSING UNITS WITH IT BUT IT IS A BIG SOPHISTICATED,
02:51:41 COMPLICATED OPERATION THAT YOU COULDN'T JUST START UP
02:51:45 OVERNIGHT. >> A REVOLVING LOAN FUND IS A
02:51:46 LITTLE SIMPLER AND COULD BE EXTREMELY BENEFICIAL.
02:51:49 SO I WOULD GUESS WHEN WHEN STAFF PROVIDES THAT KIND OF
02:51:54 INFORMATION YOU WILL SEE THOSE SORT OF TRADEOFFS.
02:51:56 AND IF I HAD TO PICK ONE RIGHT OFF THE TOP OF MY HEAD RIGHT
02:52:01 NOW IT WOULD BE A REVOLVING LOAN FUND JUST FOR THE REASONS
02:52:02 I WAS SAYING. >> RIGHT.
02:52:04 THANK YOU. I ALSO NOTICE THAT SUPERVISOR I
02:52:08 CHAIR MALAGA THANK YOU. I DO HAVE QUESTIONS.
02:52:12 I THINK A SUPERVISOR MAHMOOD WAS ON BEFORE BUT I'M GOING TO
02:52:16 GO SO THANK YOU SO MUCH. THIS IS REALLY GREAT
02:52:20 AND THOROUGH. THERE'S A COUPLE OF THINGS THAT
02:52:24 I DIDN'T SEE AND I'M WONDERING IF YOU CONSIDERED THEM AND JUST
02:52:27 DIDN'T WANT TO. I WILL SAY JUST FROM THE GET GO
02:52:29 LIKE SORT OF WHAT MY PERSPECTIVE IS I SOMETIMES HEAR
02:52:32 FOLKS SAYING WELL, YOU KNOW, VIENNA HAS THIS WELL, THEY
02:52:36 STARTED IT 100 YEARS AGO SO WE CAN'T DO THAT.
02:52:37 >> YOU KNOW, AND IT JUST REALLY FRUSTRATES ME BECAUSE IF WE HAD
02:52:42 STARTED 100 YEARS AGO WE WOULDN'T BE WHERE VIENNA IS
02:52:43 NOW. >> MY POINT IS THAT IT REQUIRES
02:52:46 THE POLITICAL WILL TO ACTUALLY ACT TODAY AND WE HAVEN'T HAD
02:52:50 THAT. SO TO THAT END, VIENNA HAS 60%
02:52:54 SOCIAL HOUSING. IT'S NOT SUBSIDIZED HOUSING.
02:52:57 IT'S SOCIAL HOUSING. IT DID RESTRICT IT AND IT'S
02:53:01 ABOUT AFFORDABILITY BUT IT'S ABOUT A BUNCH OF OTHER THINGS
02:53:03 TOO. DID YOU KNOW THEY HAVE LIKE A
02:53:05 GENDER PLANNING EQUITY OFFICER AND THEY'RE ABOUT
02:53:09 SUSTAINABILITY AND CLIMATE CHANGE AND YOU KNOW DESIGN
02:53:10 AND A BUNCH OF OTHER STUFF WHICH IS GREAT FOR SINGAPORE.
02:53:14 SAME THING. SO I'M GLAD TO HEAR FROM
02:53:17 DIRECTOR ADAMS THAT WE HAVE YOU KNOW, CHANGED OUR RESIDUAL
02:53:20 RECEIPTS POLICY. I'M GOING TO DIG INTO IT TO SEE
02:53:22 WHERE YOU GOT BUT ONE OF THE WAYS THEY DO IT IS TO REQUIRE
02:53:28 AS A COMPLIANCE, YOU KNOW, MECHANISM FOR THE LIMITED
02:53:33 EQUITY DEVELOPERS TO REINVEST AFTER THEY'VE PAID OFF THEIR
02:53:36 LOANS TO BUILD NEW AFFORDABLE HOUSING SO THEY BUILD IN THIS
02:53:40 LIKE PIPELINE FOR DEVELOPMENT SPECIFIC FOR DEVELOPMENT, NOT
02:53:44 FOR OPERATIONS OR ANYTHING ELSE.
02:53:45 SO WHY DIDN'T WE CONSIDER THAT AS A STRATEGY?
02:53:49 I REALIZED ON A TODAY THAT'S A TOMORROW.
02:53:53 BUT TO MY POINT WE HAVE YOU KNOW LIKE UP UNTIL YOU KNOW WE
02:53:57 JUST PROPOSED THE HOUSING TRUST FUND WHICH IS FOR 30 YEARS IT
02:54:00 WOULD BE LIKE YOU KNOW, WE GET A DOLLAR WE SPEND A DOLLAR
02:54:03 AND NOT PLAN FOR THE FUTURE AS MUCH.
02:54:05 AND SO IF THIS IS OUR BIGGEST ISSUE AND IF WHAT WE WANT IS A
02:54:08 PIPELINE THAT WILL BE SUSTAINABLE BECAUSE WE'RE
02:54:12 ALWAYS GOING TO HAVE THIS ISSUE AS LONG AS WE'RE THE JOB CENTER
02:54:15 OF THE BAY AREA, WHY NOT PLAN FOR FOR THAT RIGHT NOW?
02:54:18 >> I THINK THAT'S A GREAT IDEA. SUPERVISOR AND IF I COULD
02:54:22 REWRITE OUR REPORT THAT WOULD BE A GREAT THING TO PUT IN.
02:54:29 YOU KNOW THIS IS NOT THE EXHAUSTIVE LIST SO I'M SURE
02:54:32 THERE ARE OTHER IDEAS THAT COULD BE CONSIDERED.
02:54:34 BUT AGAIN WE WENT BACK TO THE WHAT WOULD PRODUCE ADDITIONAL
02:54:37 FUNDING AND WHAT WOULD BE SUSTAINABLE OVER TIME.
02:54:41 BUT THAT SOUNDS LIKE SOMETHING THAT WOULD FIT THE BILL
02:54:45 AND ACTUALLY I'M GLAD YOU MENTIONED IT TOO BECAUSE I WANT
02:54:48 I WANTED TO ALSO MENTION SOMETHING THAT CAME UP IN THE
02:54:50 EARLIER PRESENTATIONS. >> A LOT OF THE STRATEGIES
02:54:55 INCLUDE MIXED INCOME HOUSING. >> SO AS AS IS THE CASE
02:54:59 IN VIENNA WHERE YOU HAVE A LOT OF MIDDLE INCOME PEOPLE LIVE
02:55:03 IN CITY OWNED HOUSING AND A LOT OF THE MODELS FOR REVOLVING
02:55:10 LOAN FUND OR JOINT POWERS AUTHORITY ASSUME MIXED INCOME
02:55:14 AS WELL. AND SO IT IS PEOPLE AT HIGHER
02:55:18 INCOMES LIVING IN THE HOUSING, PAYING HIGHER RENTS THAN PEOPLE
02:55:22 LOW INCOME BUT IT'S SUBSIDIZING IT AND IT'S JUST ANOTHER WAY OF
02:55:26 GETTING FUNDING AND RESOURCES AVAILABLE FOR PEOPLE WHO NEED
02:55:30 IT. >> AND SOME PEOPLE OBJECT
02:55:31 SAYING WELL IT'S NOT ALL FOR YOU KNOW, DEEPLY AFFORDABLE
02:55:34 AND THAT IS ABSOLUTELY RIGHT. BUT IT IS A FUNDING SOURCE
02:55:38 AND I, I, I WOULD SAY THERE'S A NEED FOR MIDDLE INCOME HOUSING
02:55:43 IN SAN FRANCISCO AS WELL THAT SUBSIDIZED SO BUT IT'S A POLICY
02:55:46 DECISION RIGHT IF WE SO WHEN WE PASSED THE INCLUSIONARY
02:55:50 ORDINANCE IN 2000 AND TWO IT WAS A LONG TIME AGO AT ONE OF
02:55:57 THE GOALS WAS TO HAVE MIXED INCOME YOU KNOW SETTINGS AT
02:56:01 WHERE LUXURY CONDOS WOULD BE SIDE BY SIDE WITH BEAMERS
02:56:05 IN THAT PRINCIPLE YOU KNOW LIKE WE HAVEN'T REALLY QUITE
02:56:09 CODIFIED IT AS AS A LIKE A VALUE THAT WE WANT TO SEE.
02:56:12 RIGHT. AND I MEAN I THINK THAT THAT
02:56:13 COULD BE YOU KNOW, A STARTING POINT IT IS A POLITICAL
02:56:17 DECISION. THE OTHER THING I WAS GOING TO
02:56:20 ASK YOU ABOUT IS THE THE IDEA THAT WE THAT WE HAVE MULTIPLE
02:56:30 GOALS, YOU KNOW, WITH AFFORDABLE HOUSING IN ONE OF
02:56:33 THEM HAS BEEN TO DECREASE OUR CLIMATE YOU KNOW FOOTPRINT
02:56:37 BECAUSE WE HAVE EXPORTED SO MUCH OF THE WORKING CLASS
02:56:41 AND LOW INCOME PEOPLE WHO STILL WORK HERE AND PROVIDE SERVICES
02:56:44 HERE, YOU KNOW, TO OTHER PLACES THAT ARE CHEAPER AND AT THE
02:56:48 ROLE OF THE PRIVATE SECTOR IN THAT.
02:56:49 SO RIGHT NOW WE HAVE PUT THAT ROLE ON ON YOU KNOW, DEVELOPERS
02:56:53 BUT NOT NECESSARILY EMPLOYERS AND SO WE COULD SAY OH YEAH WE
02:56:57 TAX THEM OR WHATEVER AND THAT'S CONTRIBUTING A LITTLE BIT BUT
02:57:01 IN OTHER PLACES THE SORT OF THAT WORKFORCE OBLIGATION HAS
02:57:07 BEEN CODIFIED IN WAYS YOU KNOW SOMETIMES VOLUNTARY, SOMETIMES
02:57:12 NOT BUT WE HAVEN'T REALLY DONE THAT.
02:57:15 SO WE DO HAVE SOME MAJOR EMPLOYERS IN OUR TOWNS
02:57:16 INCLUDING THE CITY AND COUNTY OF SAN FRANCISCO AS A MAJOR
02:57:19 EMPLOYER WE HAVE DONE A LITTLE BIT YOU KNOW LIKE AROUND A DOWN
02:57:23 PAYMENT ASSISTANCE REFER WHERE YOU POUNDERS BUT WE HAVEN'T
02:57:26 REALLY DONE ANYTHING IN TERMS OF PRODUCTION OF YOU KNOW
02:57:30 MAKING ANY VEHICLES AVAILABLE FOR UNION PENSION TRUST
02:57:35 INVESTMENT OR FOR YOU KNOW YOU KNOW INTEREST FREE LOANS FROM
02:57:42 YOU KNOW, UCSF OR YOU KNOW WHOEVER THE EMPLOYERS ARE WHO
02:57:46 HAVE A NEED FOR AFFORDABLE HOUSING ALTHOUGH THEY
02:57:48 THEMSELVES HAVE TAKEN UP SOME DEVELOPMENT THANKS BUT WOULDN'T
02:57:54 IT BE ADVANTAGEOUS TO HAVE A VEHICLE TO POOL RESOURCES FROM
02:57:58 EMPLOYERS FOR PRODUCTION RATHER THAN ALLOWING THE OR JUST YOU
02:58:02 KNOW, THE ONE OFFS THAT HAPPEN RIGHT NOW BECAUSE PEOPLE NEED
02:58:03 THEM? >> WOULD THAT BE ONE OF THE
02:58:06 SOLUTIONS PERHAPS YEAH. AND I THINK THAT ALL OF THE
02:58:10 ABOVE SHOULD BE CONSIDERED AND WHEN WE LOOKED AT OUR LIST,
02:58:14 YOU KNOW WE WANTED TO MAKE THAT CLEAR THAT IT SHOULDN'T JUST BE
02:58:18 ONE OF THOSE NECESSARILY OR THERE'S POTENTIALLY
02:58:20 COMBINATIONS AND THEY CAN BE ENHANCED.
02:58:21 SO I THINK A LOT OF WHAT YOU'VE SUGGESTED THIS AFTERNOON WOULD
02:58:26 BE GREAT ENHANCEMENTS. >> THANK YOU MR. BRAZEAU
02:58:29 AND THANK YOU SO MUCH FOR THIS REPORT.
02:58:30 IT'S REALLY AWESOME. THANK YOU.
02:58:34 SUPERVISOR MEMBER THANK YOU FRED AND THANK YOU FOR YOUR
02:58:39 PRESENTATION ON AND A COUPLE OF QUESTIONS ON A COUPLE DIFFERENT
02:58:44 TOPICS. ONE STARTING WITH ONSITE
02:58:50 INCLUSIONARY AS ONE OF THE THINGS YOU BROUGHT UP YOUR
02:58:51 REPORT HIGHLIGHTED THE NEED OBVIOUSLY FOR EXTREMELY LOW
02:58:54 INCOME HOUSING AND DO THE NEED OF SERVICES AT THIS TYPE OF
02:59:01 HOUSING. THESE ARE RARELY BUILT AS
02:59:02 ONSITE INCLUSIONARY GIVEN THE TYPE OF SERVICES THAT ARE
02:59:05 NEEDED TO SUPPORT INDIVIDUALS IN THE IN THOSE TYPES OF
02:59:09 HOUSING. DOES THAT SUGGEST FROM YOUR
02:59:10 PERSPECTIVE THAT AN INCLUSIONARY FREE RATE
02:59:13 STRUCTURE SHOULD INCENTIVIZE FEELING OUT AS OPPOSED TO
02:59:17 BUILDING ONSITE? I GUESS THE EXISTING POLICY
02:59:24 GIVES THE DEVELOPER THAT CHOICE AND YOU'RE SAYING SHOULD IT
02:59:29 ACTUALLY BE ENCOURAGED ONE WAY OR THE OTHER TO INCLUDE THE
02:59:33 SERVICES? >> YOU KNOW, I THINK THAT I
02:59:36 THINK THERE'S SOME VALUE TO THAT IDEA DEFINITELY AND YOU
02:59:39 KNOW THERE MAY BE ENVIRONMENTS THAT ARE MORE CONDUCIVE TO HAVE
02:59:43 A SERVICE CENTER OR HAVE SERVICE PROVIDERS SO IT'S
02:59:47 SOMETHING WE DIDN'T REALLY LOOK AT IN THIS REPORT.
02:59:51 BUT THE IDEA MAKES SENSE TO ME AND I GUESS THE INPUT I'D WANT
02:59:55 TO GET IS FROM THE PROVIDERS THEMSELVES AND IF IT IF THERE
02:59:59 ARE ENVIRONMENTS OR EXCUSE ME ENVIRONMENTS WHERE THEY FEEL
03:00:06 IT'S MORE BENEFICIAL TO WORK IN CERTAIN KINDS OF
03:00:08 ENVIRONMENTS THEN MAYBE THE THE MARKET RATE HOUSING THAT WOULD
03:00:11 BE SOME VALUABLE INPUT. UNDERSTOOD.
03:00:14 SECOND IS ON TIMELINE. YOU MENTIONED A COUPLE OF RANGE
03:00:19 OF OPTIONS PUBLIC BANK WHICH SPEISER CHEN IS WORKING ON I'M
03:00:23 EXCITED TO SUPPORT AS WELL VALVING LOAN FUNDS YOU FDS DO
03:00:26 YOU HAVE A PERSPECTIVE OF ON HOW LONG IT MIGHT TAKE TO SEE
03:00:31 RESULTS FROM THOSE RESPECTIVE SOLUTIONS?
03:00:34 >> YES, I THINK THAT A REVOLVING LOAN FUND JUST TO GO
03:00:38 BACK TO THAT BUT YOU KNOW THAT COULD BE UP AND RUNNING IN THE
03:00:42 SHORT AMOUNT OF TIME AND MONEY COULD START GOING OUT THE DOOR
03:00:46 IMMEDIATELY AS OPPOSED TO CREATING A MUNICIPAL BANK WHICH
03:00:52 YOU KNOW, THE CITY IS MAKING PROGRESS BUT IT'S BEEN YEARS
03:00:54 AND IT WILL TAKE A WHILE. >> SO THE THE OTHER THING IS
03:01:01 LIKE THE THE DEBT CAPACITY LIMITS, THEY COULD BE LIFTED BY
03:01:05 A VOTE OF THE BOARD. YOU COULD HAVE A MEETING NEXT
03:01:09 WEEK AND MAKE THAT DECISION. BUT YOU KNOW, IT WILL TAKE A
03:01:13 WHILE TO SEE THE IMPACTS THE DEBT WOULD HAVE TO BE ISSUED
03:01:17 AND SO FORTH. >> BUT I'D SAY YOU COULD GET TO
03:01:18 SOME OF THEM YOU KNOW, I'M GOING TO SAY A YEAR OR TWO YOU
03:01:25 WOULD START SEEING BENEFITS FROM SOME OF THE MORE
03:01:28 STRAIGHTFORWARD PROPOSALS MUNICIPAL BANK OPEN AND THEN
03:01:32 YOU'RE PROBABLY TALKING ABOUT MULTIPLE YEARS.
03:01:35 OKAY, UNDERSTOOD. THANK YOU.
03:01:43 >> THANK YOU AGAIN. THANK YOU.
03:01:44 MR.. SO AGAIN RIGHT NOW I WOULD MR.
03:01:47 CLEAR I WOULD LIKE TO OPEN OUR HEARING TO THE PUBLIC VERY GOOD
03:01:54 IF YOU HAVE PUBLIC COMMENT FOR AGENDA ITEM NUMBER FOUR PLEASE
03:01:59 LINE UP TO SPEAK ALONG THAT WESTERN WALL I'M INDICATING ON
03:02:00 YOUR RIGHT HAND SIDE OF THE ROOM AND WHEN THE LECTERN IS
03:02:03 FREE YOU CAN COME FORWARD AND START YOUR COMMENTS.
03:02:06 >> I'LL BEGIN YOUR TIME. GOOD AFTERNOON SUPERVISORS.
03:02:10 THANK YOU FOR HOLDING THIS IMPORTANT HEARING.
03:02:11 MY NAME IS HONEST CHARLIE BODKIN.
03:02:13 I'M THE PRESIDENT OF THE DISTRICT FIVE DEMOCRATIC CLUB
03:02:15 BUT TODAY I'M HERE IN MY CAPACITY AS CO-FOUNDER OF SAN
03:02:18 FRANCISCANS FOR SOCIAL HOUSING STAFF AND PLANNING AND MIMOSA
03:02:22 HD. I MENTIONED THAT THE STATE'S
03:02:23 ARENA GOAL MAY NOT REQUIRE THAT THE CITY DIRECTLY FUND
03:02:26 AFFORDABLE HOUSING BUT AS YOU HEARD TO MEET OUR GOALS TO
03:02:31 MEANINGFULLY MOVE THE NEEDLE TO PRODUCE AFFORDABLE HOUSING IT
03:02:34 WILL REQUIRE GREATER SUBSIDIES AND GREATER DOLLARS BE SPENT TO
03:02:38 CREATE THE HOMES THAT SAN FRANCISCANS AND FAMILIES IN OUR
03:02:42 CITY DESPERATELY NEED. THE HOUSING TRUST FUND
03:02:43 EXPANSION WAS RAISED BY STAFF AS AN EXAMPLE OF A REVENUE
03:02:46 MEASURE THAT COULD RAISE BILLIONS OF DOLLARS FOR
03:02:49 AFFORDABLE HOUSING OVER THE NEXT 30 YEARS.
03:02:51 ANOTHER MEASURE THAT I DIDN'T HEAR MENTIONED BY DEPARTMENT
03:02:54 STAFF IS PROP I THE TRANSFER TAX ON PROPERTY SALES OVER $10
03:02:57 MILLION. I'M GLAD TO BE L.A. RESIDENT
03:03:01 VOTERS HAVE ALREADY APPROVED IT AND IT'S PROJECTED TO GENERATE
03:03:05 BILLIONS OF DOLLARS OVER THE SAME 30 YEAR PERIOD AND THAT
03:03:10 COULD BE DIRECTED TO AFFORDABLE HOUSING.
03:03:12 I REPRESENT A GROUP OF OVER 1000 SAN FRANCISCANS FOR SOCIAL
03:03:16 HOUSING THAT I'VE BEEN ASKING WITH OTHER HOUSING ADVOCATES
03:03:19 THROUGH HUNDREDS OF LETTERS SENT TO THIS BOARD TO DEDICATE
03:03:22 PROP II FUNDS TO AFFORDABLE HOUSING AND SOCIAL HOUSING, THE
03:03:26 BOARD HAS THE OPPORTUNITY TO ACT TO RESPOND TO THESE VOICES
03:03:30 AND TO ALLOCATE THIS EXISTING REVENUE TO MAKE THE HOUSING
03:03:33 TRULY AFFORDABLE. INSTEAD A PIECE OF LEGISLATION
03:03:35 CALLED THE BUILD ACT IS CURRENTLY MAKING ITS WAY
03:03:38 THROUGH THIS BODY THAT THREATENS THE BILLIONS OF
03:03:40 DOLLARS THAT COULD GO TO FUND AFFORDABLE AND SOCIAL HOUSING
03:03:43 FUNDING. >> AND WE'RE ASKING YOU TO
03:03:45 INSTEAD SPEND THIS MONEY TO TRULY MOVE THE NEEDLE AND TO
03:03:48 STAND WITH THE WORKING FAMILIES.
03:03:49 TAKEN ALL OF THE ABOVE STRATEGY WE NEED.
03:03:53 >> YES. AND THANK YOU.
03:03:53 THANK YOU FOR COMMENTS. >> NEXT SPEAKER PLEASE PRAISE
03:03:59 THE WOLF VISION OF CAPTIVITY IF WE COULD PLEASE DISPLAY VERY
03:04:03 GOOD. >> I'LL START YOUR TIME.
03:04:08 >> GOOD AFTERNOON SUPERVISORS. MY NAME IS SHAWN AUCKLAND, A
03:04:10 RESIDENT OF SOMA. I WANT TO DRAW YOUR ATTENTION
03:04:13 TO THIS TABLE THAT WAS NOT INCLUDED IN TODAY'S
03:04:17 PRESENTATION USING MACD DATA WE MENTIONED THAT SORRY DIRECTOR
03:04:21 ADAMS SAID THAT THE PIPELINE FOR NEW AFFORDABLE HOUSING IS
03:04:24 DIVERSIFYING. IT IS ACTUALLY NOT.
03:04:28 SO I WOULD LIKE YOU ALL TO TAKE A LOOK.
03:04:31 SORTED BY THE SHARE OF HOUSING THAT IS WITHIN MOST CITIES
03:04:35 CURRENT AFFORDABLE HOUSING PIPELINE AND WE CAN SEE THAT
03:04:36 THE MOST IS IN DISTRICTS FIVE, SIX AND TEN AND DISTRICT SIX
03:04:42 AND TEN ARE SLATED IN THE FUTURE PIPELINE TO TAKE ON MORE
03:04:46 THAN A THIRD OF THE TOTAL FUTURE PIPELINE.
03:04:49 THIS IS NOT A BALANCED CITYWIDE STRATEGY.
03:04:51 THIS IS A CONTAINMENT STRATEGY IN 2015 IN THE CASE INCLUSIVE
03:04:54 COMMUNITIES VERSUS TEXAS HAD THE SUPREME COURT OF THE UNITED
03:04:58 STATES HOLD THAT GOVERNMENT POLICIES THAT
03:05:01 DISPROPORTIONATELY CONCENTRATE AFFORDABLE HOUSING IN LOW
03:05:05 INCOME NEIGHBORHOODS WHILE SHIELDING AFFLUENT AREAS FROM
03:05:09 INTEGRATION VIOLATE THE FEDERAL FAIR HOUSING ACT AND NOW
03:05:13 IN CALIFORNIA THAT IS ALSO THE FHA GUIDELINES IN SAN
03:05:17 FRANCISCO'S CURRENT SITING PRACTICE MIRRORS WHAT THE COURT
03:05:21 OUTLAWED OUTLAWED JUST TEN YEARS AGO I HEARD EXCUSES TODAY
03:05:25 AROUND RESIDENTIAL CHARACTER AND THERE ALREADY BEING
03:05:29 BUILDINGS AND IT BEING SINGLE FAMILY HOMES YOU DEFINITELY
03:05:32 HAVE EMPTY BUILDINGS THAT CAN BE CONVERTED TO DENSE
03:05:36 AFFORDABLE HOUSING AGAIN IF THERE WERE POLITICAL WILL.
03:05:39 FURTHERMORE THE CITY COMPTROLLERS 26 2026 TRIENNIAL
03:05:43 REPORT AS YOU KNOW IT SAYS THAT THE INCLUSIONARY MANDATES ARE
03:05:46 NOT PRODUCING HOUSING. THEY'RE EFFECTIVELY ACTING AS A
03:05:47 BAN ON PRIVATE DEVELOPMENT. WE NEED MORE AFFORDABLE HOUSING
03:05:51 AND WE ALSO NEED TO BUILD MORE HOUSING OVERALL.
03:05:54 THIS IS WHY I SUPPORT REDUCING THE INCLUSIONARY RATE TO 5% TO
03:05:58 GENERATE THE PRODUCTION WE DESPERATELY NEED AND IT MUST BE
03:06:02 GEOGRAPHICALLY EQUITABLE. THANK YOU.
03:06:06 >> THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE ACCESS TO
03:06:09 SAFE AFFORDABLE HOUSING IS OFTEN WHAT DETERMINES WHETHER A
03:06:14 SURVIVOR CAN LEAVE AN ABUSER AND DV REMAINS A LEADING CAUSE
03:06:18 OF HOMELESSNESS FOR WOMEN AND CHILDREN.
03:06:21 GOOD AFTERNOON REBECCA JACKSON CO CHAIR WOMEN'S HOUSING
03:06:24 COALITION. THANK YOU FOR THE HEARING.
03:06:25 WE'RE HERE TO SUPPORT THE EQUITY GAPS AND OPPORTUNITIES
03:06:29 RECOMMENDATIONS AND THE BEALE REPORT AND URGE THE BOARD TO
03:06:33 ADOPT THEM. >> SURVIVORS EXPERIENCES CREATE
03:06:37 UNIQUE BARRIERS TO STABLE HOUSING AND THOSE BARRIERS
03:06:40 SHOULD BE CLEARLY RECOGNIZED AND NAMED IN HOUSING POLICIES,
03:06:44 PROGRAMS AND PLANNING. THE BILL FOR RECOMMENDATIONS
03:06:48 WAS STRENGTHENED TRANSPARENCY AND ACCOUNTABILITY BY CREATING
03:06:49 A CLEAR FRAMEWORK FOR TRACKING HOUSING EQUITY GOALS
03:06:53 AND IDENTIFYING GAPS, WOMEN SURVIVORS MUST BE INCLUDED
03:06:57 IN FUTURE ASSESSMENTS OF HOW THEY ARE SERVED, WHAT UNMET
03:07:01 NEEDS REMAIN AND RESOURCES REQUIRED TO ADDRESS.
03:07:04 AND THE WOMEN'S HOUSING COALITION HAS BEEN IDENTIFYING
03:07:06 THESE NEEDS THIS DATA FOR YEARS WE'VE BEEN BUSY TRYING TO
03:07:12 ADVOCATE GETTING SURVIVOR LANGUAGE AND CARVE OUT
03:07:13 AND LOCAL HOUSING BOND WORKING AT THE STATE AB 1573 TO ADD
03:07:19 SURVIVORS AS A VULNERABLE POP TO THE CALIF HOUSING ELEMENT
03:07:23 WHICH IS CURRENTLY ON CONSENT AND SENATE COMMITTEE PRESENTED
03:07:27 A HOUSING CALIFORNIA CONFERENCE UNSEEN UNHEARD THE NEED FOR
03:07:31 SURVIVORS SPECIFIC HOUSING SUBMITTED PROPOSED AMENDMENTS
03:07:35 TO ADD SURVIVORS AS A CARVE OUT TO THE AFFORDABLE HOUSING BOND
03:07:39 ACT OF 20 26 AND WE'RE SITTING IN MEETINGS ON THE BAY AREA
03:07:45 REGIONAL HOUSING BOND GROUPS AND JUST REMIND US IN 2025 WE
03:07:48 DECLARED OUR CITY IS A SANCTUARY FOR WOMEN SURVIVORS
03:07:52 SEEKING HOUSING URGING THIS CITY COORDINATE RESOURCES
03:07:55 AND INVESTMENTS IN AFFORDABLE HOUSING AND SERVICES.
03:07:57 >> CALIFORNIA IS LEANING INTO NAMING SURVIVORS AS A
03:08:00 VULNERABLE POP WHO DESERVES TO BE NAMED.
03:08:04 THIS IS A REAL OPPORTUNITY FOR SAN FRANCISCO TO HELP CLOSE
03:08:06 THIS EQUITY GAP BY ADOPTING THE BELLA RECOMMENDATIONS.
03:08:09 THANK YOU. >> THANK YOU FOR YOUR COMMENTS.
03:08:13 NEXT PICK A PLACE. >> GOOD AFTERNOON SUPERVISORS.
03:08:20 MY NAME IS QUENTIN MACKEY WITH THE COUNCIL OF COMMUNITY
03:08:21 HOUSING ORGANIZATIONS. I THINK WE CAN REALLY SUM UP
03:08:24 DIRECTOR ADAM'S PRESENTATION BY JUST FOCUSING ON THE ONE
03:08:30 STATEMENT WHICH IS MONEY MATTERS AND I THINK I REALLY
03:08:33 WANT TO THANK THE VLA FOR DOING THIS REPORT AND NAMING THE
03:08:35 NUMBER THE TRUE NORTH OF THIS ENTIRE CONVERSATION IS THE
03:08:40 AMOUNT REQUIRED TO ACTUALLY CREATE THE AFFORDABLE HOUSING
03:08:44 THAT THE CITY NEEDS. THAT NUMBER SHOULD BE ON EVERY
03:08:45 WEBSITE, ON EVERY DASHBOARD. WE SHOULD BE TALKING ABOUT
03:08:49 AND NOT BE SCARED THAT IT'S BILLIONS OF DOLLARS.
03:08:50 IT IS BILLIONS OF DOLLARS AND I APPRECIATE YOUR MELGAR, YOUR
03:08:57 OBSERVATIONS ABOUT SINGAPORE AND ABOUT VIENNA.
03:09:00 THERE ARE OTHER MODELS THAT WE CAN DO AND WE SHOULD NOT BE
03:09:02 AFRAID OF DOING THEM. BUT EVEN HERE IN THE UNITED
03:09:05 STATES, SEATTLE DIDN'T JUST TALK ABOUT SOCIAL HOUSING THEY
03:09:09 CREATED THE SOCIAL HOUSING AUTHORITY AND THEN WENT OUT
03:09:12 AND CREATED A FUNDING MECHANISM FOR IT.
03:09:15 >> PHILADELPHIA EARLIER THIS YEAR PASSED A $2 BILLION HOME
03:09:18 INITIATIVE. THEY HAVE HALF THE CITY BUDGET
03:09:22 AND THREE TIMES THE POPULATION .
03:09:25 >> SO THE VISION CAN BE THERE AND THEY COMMITTED TO ISSUING
03:09:28 $900 MILLION IN MUNICIPAL BONDS IN THE NEXT FOUR YEARS NOT OVER
03:09:33 THE COURSE OF THE NEXT 30 YEARS BUT THE NEXT FOUR YEARS.
03:09:35 SO I THINK THE COMMITMENT THAT THE CITY CAN MAKE TO ACTUALLY
03:09:39 UNLOCK THIS PIPELINE NEEDS TO BE REAL.
03:09:40 BUT WE CAN PUT TOGETHER A DIFFERENT VISION FOR WHAT THIS
03:09:43 LOOKS LIKE AND I THINK OUR ORGANIZATIONS WERE PART OF THE
03:09:47 WORK THAT YOU DID AROUND THE HOUSING TRUST FUND AND I THINK
03:09:50 THAT WE SHOULD LOOK AT THAT AS THE ABSOLUTE FLOOR ARE BY NO
03:09:55 MEANS THE CEILING AND LOOK AT THAT AS THE ABILITY TO AT LEAST
03:09:59 GET SOME PROJECTS OFF THE GROUND IN THE NEXT FEW YEARS
03:10:02 ESPECIALLY AS WE'RE FACING THE FISCAL CLIFF THAT WE'RE ALL
03:10:05 AWARE OF IN 2029. THAT BEING SAID, I THINK THIS
03:10:06 IS REALLY THE OPPORTUNITY FOR THE CITY TO LOOK BIGGER TO A
03:10:09 LARGER VISION AND PUT TOGETHER ALL THE DIFFERENT ASSETS IT HAS
03:10:13 TO CREATE THE AFFORDABLE HOUSING IT NEEDS.
03:10:14 THANK YOU. >> THANK YOU FOR YOUR COMMENTS.
03:10:17 NEXT SPEAKER PLEASE. >> HI, MY NAME'S JAN BOWEN.
03:10:21 I'M HERE ON BEHALF OF THE WOMEN'S HOUSING COALITION
03:10:25 AND THANK YOU SUPERVISORS FOR HOLDING THIS HEARING AND THANK
03:10:26 YOU TO THE BLR FOR PROVIDING THIS REPORT.
03:10:28 THE WOMEN'S HOUSING COALITION IS IN STRONG SUPPORT OF THE
03:10:32 EQUITY GAPS AND OPPORTUNITY RECOMMENDATIONS AND WE HOPE
03:10:34 THAT THE BOARD ACTS ON THEM. GOING FORWARD WE'D LIKE TO SEE
03:10:37 WOMEN AND SURVIVORS OF GENDER BASED VIOLENCE BE INCLUDED
03:10:40 IN ANY CONSIDERATION JUST LIKE OTHER VULNERABLE GROUPS HAVE
03:10:44 BEEN WHEN MOST CITY EVALUATES POPULATION SPECIFIC HOUSING
03:10:47 NEEDS GOING FORWARD. >> WE ALL KNOW THAT DOMESTIC
03:10:48 VIOLENCE AND HOMELESSNESS ARE STRONGLY INTERCONNECTED.
03:10:52 DV IS STILL THE LEADING CAUSE OF HOMELESSNESS FOR WOMEN
03:10:55 AND CHILDREN AND AFFORDABLE HOUSING IS OFTEN THE BARRIER OR
03:10:59 THE DECISION MAKER. IF SOMEONE'S GOING TO LEAVE
03:11:03 THEIR ABUSER NO MATTER THEIR GENDER.
03:11:06 >> THESE ARE UNIQUE CHALLENGES THAT NEED TO BE CONSIDERED WHEN
03:11:08 WE'RE LOOKING AT OUR POLICIES. >> LUCKILY THE BLAIR REPORT IF
03:11:12 YOU ADOPT THE RECOMMENDATIONS WE'RE GOING TO MAKE SURE THAT
03:11:15 THE CITY'S HOUSING POLICIES ARE INFORMED BY THE REALITIES THAT
03:11:16 WOMEN AND SURVIVORS FACE AND THAT RESOURCES ARE DIRECTED
03:11:19 WHERE THEY ARE MOST NEEDED. THANK YOU.
03:11:22 >> THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:11:26 >> GOOD AFTERNOON SUPERVISORS. >> MY NAME IS RASHAD.
03:11:30 I'M A RENTER IN DISTRICT NINE AND THE MISSION.
03:11:33 I'M HERE TO SPEAK ABOUT SPEAK IN SUPPORT OF 2020 PROPOSITION
03:11:37 I AND TALK ABOUT THE AFFORDABLE HOUSING GUARANTEE ACT.
03:11:40 >> TODAY'S HEARING IS ABOUT A SIMPLE QUESTION HOW DOES SAN
03:11:45 FRANCISCO MEET ITS AFFORDABLE HOUSING OBLIGATIONS AT A SCALE
03:11:46 THAT MATCHES THE CRISIS WE'RE FACING?
03:11:49 THE REPORT THE BILL A REPORT BEFORE YOU MAKES ONE THING VERY
03:11:53 CLEAR. MEETING THESE OBLIGATIONS
03:11:54 REQUIRES SUSTAINED COMMITMENT AND DEDICATED INVESTMENT.
03:11:58 >> VOTERS APPROVED PROP EIGHT IN 2020 WITH THE EXPECTATION
03:12:01 THAT TAXING THE LARGEST REAL ESTATE TRANSACTIONS WOULD HELP
03:12:05 ADDRESS OUR HOUSING CRISIS. SINCE THEN PROP HAS GENERATED
03:12:08 MORE THAN $400 MILLION IN REVENUE.
03:12:09 THE CITY HAS INVESTED A SIGNIFICANT PORTION OF THOSE
03:12:13 FUNDS IN AFFORDABLE HOUSING AND HOUSING STABILITY PROGRAMS
03:12:15 HELPING TO PRESERVE HOMES AND KEEP PEOPLE HOUSED.
03:12:19 BUT NOT ALL OF THAT REVENUE HAS GONE TOWARDS AFFORDABLE
03:12:20 HOUSING. A LOT OF IT HAS GONE TOWARDS
03:12:23 THE GENERAL FUND AND FUNDING LEVELS CAN CHANGE YEAR TO YEAR
03:12:25 BASED ON BROADER POLITICAL BUDGET DECISIONS.
03:12:27 AT THE SAME TIME, THE CITY FACES A MAJOR SHORTFALL
03:12:32 IN MEETING ITS AFFORDABLE HOUSING GOALS.
03:12:34 WE'VE REDUCED IMPACT FEES AND INCLUSIONARY REQUIREMENTS
03:12:36 THAT HELPED THAT PREVIOUSLY HELPED FUND AFFORDABLE HOUSING.
03:12:39 WHILE STATE AND FEDERAL RESOURCES REMAIN LIMITED
03:12:42 AND UNPREDICTABLE, THE L.A. REPORT HIGHLIGHTS THE NEED FOR
03:12:46 REVENUE THAT IS SCALABLE, STABLE AND COUNTER-CYCLICAL.
03:12:49 >> THE AFFORDABLE HOUSING GUARANTEE ACT WOULD DONATE
03:12:51 REVENUE WOULD DEDICATE REVENUE FROM PROPOSED TAX ON PROPERTIES
03:12:56 OVER $10 MILLION TO THE PROTECTION, PRESERVATION
03:12:57 AND PRODUCTION OF AFFORDABLE HOUSING.
03:13:01 IT WOULD ENSURE THAT WHEN THE CITY RECEIVES REVENUE FROM THE
03:13:03 LARGEST REAL ESTATE TRANSACTIONS, THOSE FUNDS ARE
03:13:05 USED FOR USED FOR THE PUBLIC PURPOSE.
03:13:08 >> I'M SORRY I'M GOING TO STOP. ARE YOU TALKING ABOUT WHAT IS
03:13:11 GOING TO BE ON THE BALLOT IN NOVEMBER?
03:13:12 >> YES. >> TALKING ABOUT THE
03:13:15 RECOMMENDATIONS. NO ELECTIONEERING ALLOWED HERE
03:13:16 SO YOU CAN YOU CAN TALK ABOUT, YOU KNOW, GENERAL
03:13:20 RECOMMENDATIONS BUT NOT ABOUT SOMETHING THAT YOU KNOW MAY BE
03:13:24 ON THE BALLOT. >> OKAY.
03:13:24 WELL, IN THAT CASE THE THOSE ARE THE RULES.
03:13:29 >> OKAY. THANK YOU.
03:13:29 THE RECOMMENDATION FROM THE BLEACHER REPORT TO DEDICATE THE
03:13:32 REVENUE FROM POP AIR TOWARDS TOWARDS AFFORDABLE HOUSING.
03:13:35 I THINK THIS THIS COMMITTEE THIS BOARD SHOULD FOLLOW THOSE
03:13:39 RECOMMENDATIONS TO DEDICATE THOSE THAT THAT FUNDING TOWARDS
03:13:43 AFFORDABLE HOUSING, TOWARDS SOCIAL HOUSING, TOWARDS THESE
03:13:44 ALTERNATIVE MODELS. >> THANK YOU.
03:13:47 THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER, PLEASE.
03:13:53 >> GOOD AFTERNOON SUPERVISORS. MY NAME IS DIVYA SINGH AND I'M
03:13:58 A VOLUNTEER LEAD WITH GROW THE RICHMOND I'M OUT AND YOU ONE
03:14:01 AND I SUPPORT THE TECHNICAL ADVISORY COMMITTEE
03:14:05 RECOMMENDATION TO LOWER THE INCLUSIONARY ZONING RATE
03:14:08 AND THE PROPOSED NEW FUNDING FOR THE AFFORDABLE HOUSING FUND
03:14:12 . I THINK THAT YOU KNOW TIME
03:14:12 AND AGAIN NOW WE DO SEE ANALYSIS AFTER ANALYSIS
03:14:15 POINTING TO HOW A LOT OF THE COST INCREASES THAT WE'RE
03:14:20 SEEING IN DEVELOPING HOUSING ARE DUE TO THIS SUPPLY DEMAND
03:14:23 IMBALANCE. I THINK THAT THERE'S NO GREATER
03:14:24 ILLUSTRATION OF THAT THAN WHAT'S GOING ON AS OF RIGHT NOW
03:14:28 WITH LIKE THE RAPID GROWTH OF THE INDUSTRY.
03:14:31 AND I JUST KIND OF REFLECT ON MY OWN EXPERIENCE.
03:14:35 >> I WAS WORKING REMOTELY FOR THE FEDERAL GOVERNMENT ABOUT A
03:14:39 YEAR AGO BUT THEN I ENDED UP LOSING MY JOB AND YOU KNOW, I
03:14:46 WAS THANKFUL TO HAVE THE SUPPORT OF LIKE MY FAMILY
03:14:48 AND AGAIN AN AGREEABLE A PARTNER THAT I WAS PUTTING MY
03:14:52 APARTMENT WITH AND SAVINGS AND STUFF.
03:14:55 BUT LIKE MANY PEOPLE DON'T HAVE THOSE LUXURIES AND IF THEY'RE
03:14:59 FIGHTING THIS BATTLE OF NEEDING TO MEET THESE HIGHER AND HIGHER
03:15:02 HOUSING COSTS THAT FORM OF LIKE INCREASING RENTS IN THE CITY I
03:15:06 JUST THINK THAT LIKE THAT'S AN UNWINNABLE SLIPPERY.
03:15:09 SO WE NEED TO BE PULLING OUT ALL THE STOPS THAT WE CAN TO
03:15:13 REDUCE OVERALL COSTS, REDUCE THE TIMELINES THAT WE HAVE TO
03:15:17 SORT OF OBTAIN THE THIRD PARTY FINANCING AND SUBSIDIES NEEDED
03:15:20 TO GET THESE HOUSING DEVELOPMENTS PRODUCED
03:15:23 AND DELIVER, YOU KNOW, LIVES OF DIGNITY TO OUR NEIGHBORS.
03:15:27 >> THANK YOU. >> THANK YOU FOR COMMENTS.
03:15:31 NEXT SPEAKER PLEASE. HI EVERYONE.
03:15:35 MY NAME IS TIFFANY. SHE HER PRONOUNS AND I'M WITH
03:15:36 THE CHINESE PROGRESSIVE ASSOCIATION.
03:15:39 >> WE HAD TWO MEMBERS COME AND THEY HAD TO GO DO YEAH I
03:15:41 CAN PICK UP I'M SORRY I'LL JUST READ AMI WU'S PUBLIC COMMENT.
03:15:46 >> SHE IS I AM A MEMBER OF THE CHINESE PRESS ASSOCIATION.
03:15:50 I'M A FAMILY OF FIVE. WE LIVE IN SAN FRANCISCO'S
03:15:52 DISTRICT THREE. >> I'M FROM A LOW INCOME
03:15:55 FAMILY. RENTS ARE VERY EXPENSIVE
03:15:58 NOWADAYS AND THEY ONLY CONTINUE TO RISE EVERY YEAR MAKING IT
03:16:00 HARDER FOR A LOW INCOME FAMILIES TO AFFORD LIVING HERE.
03:16:02 OUR FAMILY OF FIVE USED TO LIVE IN A TEN SQUARE FOOT ROOM
03:16:06 IN SOROS SINGLE ROOM HOUSING BUILDING FOR TEN YEARS.
03:16:09 >> THE ROOM HAD NO SPACE FOR MOVEMENT EATING, DOING HOMEWORK
03:16:14 ALL IN ONE BED SOMETIMES IN A WE HAD TO USE SHARED TOILETS
03:16:18 AND THE WAIT TIMES ARE VERY LONG.
03:16:19 >> I HAD TO GO UP AND DOWN THE STAIRS TO FIND AN AVAILABLE
03:16:23 TOILET FOR MY KID MONDAYS TWO FRIDAYS ARE BUSY TIMES AND WE
03:16:26 HAD TO WAIT LONG LINES TO COOK IN THE SHARED KITCHEN NOT TO
03:16:31 MENTION THE POOR HYGIENE AND THE COCKROACHES.
03:16:34 >> THESE ARE NOT SAFE ENVIRONMENTS FOR CHILDREN TO
03:16:38 GROW UP AND IT OBVIOUSLY IMPACTS THEIR SELF-ESTEEM TOO.
03:16:41 SO AS PARENTS WE FEEL MISERABLE.
03:16:42 WE WANT TO BE ABLE TO PROVIDE A JOYFUL CHILDHOOD FOR OUR
03:16:47 FAMILIES. I'M GRATEFUL FOR THE ORGS THAT
03:16:50 WE WORK WITH. I'M PART OF THE CHINESE PRESS
03:16:53 ASSOCIATION, THE CHINESE COMMUNITY DEVELOPMENT CENTER
03:16:56 FOR THEIR ADVOCACY EFFORTS FOR THEIR DIFFERENT FORMS OF
03:16:57 AFFORDABLE HOUSING. I HOPE MORE FAMILIES LIVING
03:17:00 IN AREAS CAN BE RELOCATED TO AFFORDABLE HOUSING.
03:17:04 OUR FAMILIES HAVE BEEN FORTUNATE AFTER WAITING TO GET
03:17:07 THE OPPORTUNITY TO GET A HOUSING VOUCHER PROGRAM TO MOVE
03:17:09 OUT. BUT MORE PEOPLE NEED TO HAVE
03:17:12 THAT OPPORTUNITY SO THAT JUST CUT IT SHORT.
03:17:16 >> YEAH. THANK YOU.
03:17:16 THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:17:19 >> HI SUPERVISORS ASIAN NICOLE WITH BUILT AFFORDABLE FASTER
03:17:23 THANK YOU SUPERVISOR CHEN FOR HOLDING THIS HEARING THANK YOU
03:17:28 TO THE B B PLAY AND THE ONE QUESTION I WANT TO ECHO WHAT
03:17:34 QUENTIN MACKEY ALREADY SAID FROM CHOO CHOO IS LIKE HOW HOW
03:17:37 ARE WE GOING TO FUND THIS? AND THANK YOU SUPERVISOR MELGAR
03:17:42 FOR YOUR COMMENTS TO BE PLAY AS WELL AND WE JUST NEED MORE
03:17:49 FUNDING. WE NEED TO FIGURE OUT OTHER
03:17:53 TOOLS OF OTHER AVENUES FOR FUNDING AFFORDABLE HOUSING.
03:17:57 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
03:17:59 >> NEXT SPEAKER PLEASE. >> GOOD AFTERNOON SUPERVISORS.
03:18:04 MY NAME'S PETER STEVENS WITH TODD COE.
03:18:07 REALLY HAPPY WE'RE HAVING THIS CONVERSATION ABOUT MONEY.
03:18:11 THANK EVERYONE FOR THE HARD WORK THEY PUT INTO THIS BECAUSE
03:18:12 AS WE KNOW MONEY BUILDS HOUSING MONEY OPERATES HOUSING SO LET'S
03:18:15 MAKE IT RAIN MONEY AND MAKE THE CITY WORK.
03:18:19 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
03:18:22 >> SO THE NEXT SPEAKER PLEASE I SUPERVISORS THANK YOU
03:18:24 SUPERVISOR CHEN FOR HAVING THESE REPORTS MADE THAT WAS
03:18:26 VERY ENLIGHTENING AND SUPERVISOR MELGAR THANK YOU
03:18:30 FOR YOUR WORK ON THE HOUSING TRUST FUND.
03:18:32 >> MY NAME IS JEWEL PATEL. I'M A RESIDENT OF DISTRICT
03:18:35 EIGHT AND I'M HERE WITH ABUNDANCE SAN FRANCISCO
03:18:38 IN SUPPORT OF THE PROPOSED RECOMMENDATIONS ON THE
03:18:39 REDUCTION OF THE INCLUSIONARY HOUSING REQUIREMENT
03:18:42 AND DEVELOPMENT IMPACT FEES PAIRED WITH A MORE STABLE
03:18:46 AFFORDABLE HOUSING FINANCING MECHANISM OVER THE LAST 15
03:18:49 YEARS I HAVE LIVED EVERY FACET OF HOUSING INSECURITY IN THIS
03:18:53 CITY FROM SLEEPING ON ITS STREETS TO SHELTERS, REHABS,
03:18:57 TRANSITIONAL HOUSING, RELYING ON HOUSING SUBSIDIES AND NOW
03:19:01 SUPPORTING MYSELF IN A RENT CONTROLLED APARTMENT I WAS
03:19:04 LUCKY TO FIND A RENT CONTROLLED ROOM I COULD AFFORD THROUGH MY
03:19:06 COMMUNITY. NOT EVERYONE IS SO FORTUNATE AS
03:19:09 I WORKED MY WAY UP FROM THE STREETS, THE LINE TO SUPPORT
03:19:13 MYSELF IN THE CITY KEPT MOVING FURTHER AND FURTHER AWAY.
03:19:16 I TRIED TO APPLY FOR AFFORDABLE HOUSING BUT WITH SO FEW UNITS
03:19:20 AND SO MUCH NEED I GAVE UP AFTER A WHILE.
03:19:23 NOW I MAKE TOO MUCH FOR AN AFFORDABLE UNIT AND I STILL
03:19:27 CAN'T AFFORD TO LIVE OUTSIDE OF RENT CONTROL.
03:19:29 I CANNOT GET AN AFFORDABLE UNIT WHEN I QUALIFIED FOR ONE NOW
03:19:32 THAT I DON'T I CAN'T AFFORD A MARKET RATE UNIT.
03:19:35 NOTHING ABOUT THIS SYSTEM IS WORKING AS IT SHOULD.
03:19:39 I'M A CHAMPION FOR AFFORDABLE HOUSING.
03:19:42 >> I UNDERSTAND HOW ESSENTIAL IT IS FOR OUR MOST VULNERABLE
03:19:44 NEIGHBORS TO BUILD A STABLE LIFE.
03:19:47 BUT WHEN AFFORDABLE HOUSING IS TIED TO MARKET RATE DEVELOPMENT
03:19:50 AND NO MARKET RATE HOUSING IS GETTING BUILT, NO AFFORDABLE
03:19:51 HOUSING GETS BUILT EITHER. THE CONTROLLER IN THE TAC HAVE
03:19:55 TOLD US WHAT WE ALREADY KNOW TODAY'S REQUIREMENTS ARE
03:19:58 BLOCKING THE VERY HOMES THEY'RE MEANT TO FUND.
03:20:01 SAN FRANCISCO NEEDS TO PULL EVERY LEVER TO GET HOMEBUILDING
03:20:03 MOVING AGAIN LOWERING INCLUSIONARY RATES, REDUCING
03:20:06 IMPACT FEES AND PAIRING THOSE CHANGES WITH A STRONGER HOUSING
03:20:11 TRUST FUND. I URGE THE COMMITTEE TO SUPPORT
03:20:14 THESE AMENDMENTS AND THEY COME TO THE BOARD AND WHEN THEY COME
03:20:17 TO THIS COMMITTEE TO HELP BUILD HOUSING AT EVERY LEVEL FROM
03:20:22 DEEPLY AFFORDABLE TO MARKET RATE.
03:20:25 >> THANK YOU. THANK YOU FOR COMING.
03:20:26 SPEAKER PLEASE HELLO TO REMAINING COMMITTEE MEMBERS.
03:20:32 MY NAME IS SUNNY ANGULO AND I AM REPRESENTING PROPEL SAN
03:20:36 FRANCISCO BUT ALSO MYSELF AND WANT TO THANK SUPERVISOR
03:20:40 CHEN FOR ALL OF YOUR WORK WITH THE BLA TO REALLY GET A VERY
03:20:45 COMPREHENSIVE AND THOROUGH REPORT OUT.
03:20:48 >> IT'S AS SUPERVISOR AS THE CHAIR SAID IT'S NOTHING REALLY
03:20:51 NEW. WE'VE HAD THESE TOOLS AT OUR
03:20:52 DISPOSAL IN DIFFERENT ITERATIONS AND MODELS OF THEM
03:20:55 ON DIFFERENT SCALES AND AND I WANT TO REALLY ECHO BEYOND JUST
03:20:59 YES WE NEED A LOT OF MONEY. YES WE WE'VE KNOWN THAT FOR A
03:21:03 LONG TIME. IT IS THE POLITICAL WILL
03:21:07 AND SOMETIMES THAT DOES MEAN DEDICATING THINGS SOMETIMES YOU
03:21:10 KNOW, IT'S PUSHING OUR EXECUTIVE BRANCH TO ALLOCATE
03:21:14 THE FUNDING AND TO ACTUALLY SPEND IT FOR ITS INTENDED
03:21:17 CREATIVE BOLD PURPOSES. YOU KNOW, WE WOULD NEVER HAVE
03:21:19 GOTTEN THE SHIRLEY CHISHOLM APARTMENTS IF WE HAD NOT FOUGHT
03:21:23 WITH THE MAYOR'S OFFICE. UNFORTUNATELY IN THE END ONE TO
03:21:26 GET MONEY DEDICATED IN THAT BOND.
03:21:30 SAME THING WITH WOMEN'S HOUSING.
03:21:31 THEY SAID THAT COULDN'T BE DONE .
03:21:33 THERE WERE ALL THESE BARRIERS AND WE SAID LET'S DEDICATE SOME
03:21:34 MONEY SO THAT WE KNOW THAT YOU WILL HAVE TO ULTIMATELY DO IT
03:21:38 IF YOU WANT TO SPEND THAT MONEY.
03:21:39 AND SO WHETHER IT IS, YOU KNOW, INCREASING PROPERTY TAXES OVER
03:21:42 TIME OR YOU KNOW, BONDING AGAINST THAT DEBT, INCREASING
03:21:46 OUR HOUSING TRUST FUND TAKING YOU KNOW, TAXING BILLIONAIRES
03:21:50 AND BILLIONAIRE REAL ESTATE SALES OVER $10 MILLION WHAT THE
03:21:53 AFFORDABLE HOUSING GUARANTEE ACT SUPERVISOR CHEN'S
03:21:57 RECOMMENDATION TO OR MEASURE TO LEGISLATION TO PUT FORWARD
03:22:01 AND ESTABLISH A PUBLIC BANK THESE ARE ALL THINGS THAT WE
03:22:05 CAN BE DOING NOW BUT WE'RE REALLY GOING TO NEED A LOT OF
03:22:08 THAT POLITICAL WILL AND A LOT OF THAT STANDING UP AND SAYING
03:22:10 HEY LIKE WE MADE COMMITMENTS, WE MADE PROMISES, IT'S TIME TO
03:22:13 DELIVER. >> THANK YOU.
03:22:15 >> THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:22:18 HELLO. GOOD AFTERNOON.
03:22:19 GOOD EVENING BUT GOOD EVENING I'M PJ EUGENIO WITH SOM CAN A
03:22:24 MEMBER RAISED IN EQUITY AND ALL PLANNING COALITION REP S.F. WE
03:22:28 WANT TO THANK SUPERVISOR CHEN AND THE D11 OFFICE FOR
03:22:32 COMMISSIONING THIS VLA REPORT AND FOR PUSHING THE CITY TO
03:22:36 ENGAGE IN MEANINGFUL POLICY DISCUSSION AROUND THE NEED TO
03:22:40 SIGNIFICANTLY INCREASE ACCESS TO AFFORDABLE HOUSING.
03:22:43 WE SEE THE EVERYDAY STRUGGLE OF OUR COMMUNITIES THAT NEED
03:22:47 AFFORDABLE HOUSING OUR FAMILIES, SENIORS, WORKERS
03:22:51 NEEDS IT NOW. WE WORK WITH RECENT IMMIGRANTS
03:22:52 THAT WHO WANT TO WORK AND STAY IN SAN FRANCISCO BUT THERE'S
03:22:58 ALWAYS THE QUESTION HOW LONG CAN THEY AFFORD TO LIVE HERE?
03:23:01 A LOT OF OUR FAMILIES ARE ALREADY MOVED OUTSIDE SAN
03:23:03 FRANCISCO AND EVEN OUTSIDE THE BAY AREA BECAUSE THEY ARE TIRED
03:23:07 OF WAITING AND HAVE NOTHING LEFT.
03:23:10 WE URGE THE CITY TO PURSUE BOTH NEW FUNDING STREAMS AND NEW
03:23:14 TOOLS TO CREATE AFFORDABLE HOUSING AND SOCIAL HOUSING
03:23:18 OPPORTUNITIES THAT WE DESPERATELY NEED.
03:23:21 AS DESCRIBED IN THE BLAZE REPORT, THANK YOU FOR YOUR
03:23:22 TIME. >> THANK YOU FOR YOUR COMMENTS.
03:23:25 >> NEXT SPEAKER PLEASE. >> GOOD AFTERNOON SUPERVISOR
03:23:30 ZACHARY FRIEL. SAM CAN DEFINE RESIDENT.
03:23:32 THANK YOU SUPERVISOR CHEN FOR LEADING THE DISCUSSION ON THIS
03:23:33 VERY IMPORTANT ITEM. SINCE JANUARY WE MADE A LITTLE
03:23:37 BIT OF PROGRESS THIS YEAR ON FUNDING AFFORDABLE HOUSING.
03:23:40 THANK YOU SUPERVISOR CHEN FOR TAKING THE FIRST STEP TOWARDS
03:23:43 ESTABLISHING A MUNICIPAL BANK AND THANK YOU CHAIR MELGAR FOR
03:23:47 HELPING TO BROKER THE HOUSING TRUST FUND AGREEMENT.
03:23:48 >> THESE ARE BOTH GOOD STEPS IN THE RIGHT DIRECTION PENDING
03:23:51 THE NOVEMBER ELECTION OF COURSE AND THERE ARE MANY, MANY MORE
03:23:54 WE STILL NEED TO TAKE. >> I LIKE TO POINT OUT THE
03:23:56 FOLLOWING TABLE FROM THE VLA REPORT EXHIBIT 48 B PAGE 120,
03:24:02 PAGE 121 IF I CAN GET THE OVERHEAD PLEASE.
03:24:07 YEAH. SO I FOUND TWO THINGS STRIKING
03:24:10 ONE ABOUT 70% OF APPLICANTS FOR AFFORDABLE HOUSING ARE LATINO,
03:24:14 ASIAN OR BLACK AND TO ACROSS ALL GROUPS REGARDLESS OF RACE
03:24:17 IF YOU APPLY FOR AFFORDABLE HOUSING YOU HAVE A LESS THAN 1%
03:24:21 CHANCE OF GETTING INTO AFFORDABLE HOUSING.
03:24:22 >> SO I LIKE TO ASK HOW DO WE IMPROVE THESE ODDS?
03:24:25 REP S.F. IS THE REASON EQUITY AND ALL PLANNING COALITION OUR
03:24:29 GOAL IS TO ENSURE THAT OUR CITY MAKES A HOUSING PLAN WHERE
03:24:33 THESE 33,000 LATINOS 27,000 ASIANS AND 17,000 BLACK
03:24:38 APPLICANTS HAVE A REAL OPPORTUNITY TO LIVE HERE
03:24:41 REGARDLESS OF THEIR INCOME. THE NUMBERS ARE RIGHT HERE.
03:24:44 THESE ARE THE LOW INCOME PEOPLE OF COLOR WHO WANT AFFORDABLE
03:24:46 HOUSING IN S.F.. AND THIS IS NOT SPECULATIVE.
03:24:50 THIS IS REAL DATA THAT MORE OECD HAS COLLECTED REPRESENTING
03:24:54 REAL PEOPLE. AND I'M IN HERE TOO.
03:24:57 >> WE'VE BROUGHT ALONG SOME OF OUR FILIPINO COMMUNITY MEMBERS
03:24:58 TO TELL YOU DIRECTLY ABOUT THEIR HOUSING NEEDS.
03:25:02 PLEASE GENUINELY LISTEN TO THEIR STORIES AND THINK ABOUT
03:25:05 THEM WHEN YOU CONSIDER WHAT IT WILL TAKE FOR OUR CITY TO
03:25:08 ACTUALLY FUND AND BUILD TRULY AFFORDABLE HOUSING FOR THE
03:25:09 PEOPLE IN THIS TABLE AND IN THIS ROOM.
03:25:13 THIS CONVERSATION DOESN'T END HERE.
03:25:16 >> THANK YOU SO MUCH. THANK YOU FOR YOUR COMMENTS.
03:25:17 NEXT SPEAKER PLEASE. >> GOOD AFTERNOON SUPERVISORS.
03:25:23 MY NAME IS LLOYD SARANG, A SAN FRANCISCO RESIDENT
03:25:27 AND CURRENTLY A SOPHOMORE IN COLLEGE.
03:25:28 I'M WORKING WITH THIS WITH SOME GAIN I'LL SHARE BUT I'LL SHARE
03:25:32 A LITTLE BIT OF MY STORY. I WAS BORN IN A LOW INCOME
03:25:35 FAMILY IN THE PHILIPPINES AND GREW UP THERE FOR PART OF
03:25:39 MY LIFE AND MY PARENTS WORKED HERE IN SAN FRANCISCO.
03:25:40 I ALWAYS IMAGINED THE U.S. AS THIS OASIS FOR MY FAMILY.
03:25:43 >> HOWEVER, WHEN I IMMIGRATED HERE TO THE U.S. IT COULDN'T
03:25:47 HAVE BEEN ANY MORE DIFFERENT. I FOUND MYSELF IN A CRAMPED ONE
03:25:51 ROOM APARTMENT MY ENTIRE FAMILY HAD TO SQUEEZE ITSELF IN.
03:25:54 IT WOULD BE ABSURD TO EVEN IMAGINE MOVING OUT AND KNOWING
03:25:58 THAT THE PRICE MY FAMILY WOULD PAY COULD BE TRIPLE THE AMOUNT
03:26:02 WE CURRENTLY DO. STILL MY SITUATION IS MUCH MORE
03:26:05 PRIVILEGED COMPARED TO OTHERS. HOUSING IS BEYOND JUST A PLACE
03:26:10 TO STAY. IT IS WHERE FAMILIES
03:26:10 AND FRIENDS BREAK BREAD, WHERE STUDENTS STUDY AND WHERE FULL
03:26:14 TIME EMPLOYEES GO TO REST. >> FAILING TO PROVIDE ADEQUATE
03:26:17 HOUSING IS A FAILURE FOR OUR LABOR FORCE OUR STUDENTS, OUR
03:26:20 FAMILIES AND WHO HOLDS THIS CITY TOGETHER?
03:26:21 >> I APPRECIATE THE COMMITTEE FOR BRINGING UP THE FACT THAT
03:26:25 HOUSING IS A CORE MATERIAL ISSUE THAT UNDERLIES
03:26:27 OTHER PROBLEMS IN THIS CITY. IT IS THE MOST CRITICAL ISSUE
03:26:31 IN SAN FRANCISCO AND BAY AREA AS A WHOLE.
03:26:35 AS I HAVE EXPERIENCED NOW IN THE CITY.
03:26:36 S.F. IS IN ANOTHER MOMENT THAT COULD LEAVE RESIDENTS
03:26:39 VULNERABLE AND YET HOUSING DEVELOPMENT HAS CONTINUED TO
03:26:43 DECREASE. WE CANNOT KEEP CREATING
03:26:44 PRESCRIPTIVE POLICIES THAT ONLY PARTIALLY QUELL THE PROBLEM.
03:26:47 WE NEED TRANSFORMATIVE POLICIES THAT UPROOT THE ISSUE.
03:26:51 THE PUBLIC SECTOR NEEDS TO BE INVIGORATED IN CREATING MORE
03:26:54 INITIATIVES TO FUND AFFORDABLE HOUSING BECAUSE IT HAS A
03:26:56 PREROGATIVE OF ACTUALLY ACTING IN THE INTEREST OF WORKING
03:26:59 CLASS FAMILIES. WE MUST NOT BE STINGY
03:27:02 AND HESITANT ABOUT THIS ISSUE. WE ARE LIVING THROUGH A CRISIS
03:27:05 AND WE MUST HANDLE IT AS SUCH IS OUR RESPONSIBILITY TO
03:27:07 PROTECT THE FAMILIES THAT BREATHE LIFE IN SAN FRANCISCO.
03:27:10 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
03:27:12 >> NEXT SPEAKER PLEASE. >> HI.
03:27:16 GOOD AFTERNOON. MY NAME IS GERRY GROSS
03:27:21 IN AUBURN AND I AM WITH SOME. WHEN I MOVED HERE IN AMERICA
03:27:24 WITH MY MOM WE STRUGGLED TO FIND HOUSING AND WE WERE
03:27:27 HOMELESS FOR A YEAR UNTIL WE WERE ABLE TO GET IN TO AN SRO.
03:27:32 WITH THE HELP OF SOME KIND WE WERE HOMELESS FOR A YEAR
03:27:36 BECAUSE OF HOW HARD IT IS TO FIND AFFORDABLE HOUSING HERE
03:27:40 IN SAN FRANCISCO AND WE STILL LIVE IN THAT AS WELL AS OUR OLD
03:27:43 BUILDING AND WE ARE STILL TRYING TO APPLY TO ANY OTHER
03:27:47 AFFORDABLE HOUSING THROUGH THESE YEARS BUT STILL CAN'T GET
03:27:51 IN THIS HOUSING. SO I URGE YOU TO PLEASE DO NOT
03:27:55 WAIT TOO LONG FOR MORE SOLUTIONS AND AND ACCESSIBILITY
03:27:58 FOR MORE FOR COMMUNITIES AND ALSO THERE WILL BE NO OTHER
03:28:03 NEWCOMER FAMILIES OR LOW INCOME FAMILIES THAT WILL GO THROUGH
03:28:07 THE THE WHAT I HAVE BEEN THROUGH.
03:28:10 >> THANK YOU. THANK YOU FOR COMING.
03:28:12 SO THE NEXT SPEAKER PLEASE. >> I GOOD AFTERNOON
03:28:20 SUPERVISORS. >> MY NAME IS VICTORIA KEENAN
03:28:23 AND I'M WITH SOME KIND OF NONPROFIT YOUTH ORGANIZATION
03:28:28 MAIN. >> MY INCOME IS ONLY NINE
03:28:32 HUNDRED 94 EACH MONTH FOR MY RENT TO BE AFFORDABLE AND MY
03:28:38 RENT CAN ONLY BE 290 BUT CURRENTLY I PAY 323 FOR MY RENT
03:28:43 EACH MONTH. >> I HAVE APPLIED FOR
03:28:47 AFFORDABLE HOUSING THROUGH DALIA FOUR TIMES.
03:28:50 I DID NOT GET CHOSEN FOUR TIMES.
03:28:54 PLEASE BUILD AFFORDABLE HOUSING WITH LOW RENT OR SENIORS LIKE
03:28:59 ME. THANK YOU.
03:29:02 >> THANK YOU FOR YOUR COMMENTS TO THE NEXT SPEAKER PLEASE.
03:29:05 >> HELLO. GOOD AFTERNOON.
03:29:06 THE LIBRARY SUPERVISOR I READ SO I CAN GO IN MY NAME IS MR.
03:29:14 FRANCISCO. >> BEFORE I SAY THAT I BEEN
03:29:17 HERE FOR 30 YEARS. THEN WHEN I RETIRED EARLY I GOT
03:29:21 A LITTLE MONEY ONLY FROM THE GOVERNMENT AND NOW I'M LUCKY
03:29:29 BECAUSE THE SECOND GROUP G HELPED ME HOW TO FIND MY HOUSE
03:29:32 IN NOW BUT I APPLY UNDER WHAT DIYA BUT THEN I ACCEPT ME
03:29:40 AND THEN BECAUSE THE HELP I SIGNED CAN SEE THEY FIND ME
03:29:45 HOUSE IN THE CLOUDS GARY'S CRESCENT MENORAH SO I WAS LUCKY
03:29:51 BUT I RECEIVED ONLY A 1000 1020 AND I PAY AND MY MIND MY MY
03:29:59 RENT IS 314 AND THEN NOW I ASK I AM REALLY THANKFUL I KNOW
03:30:08 THAT YOU WILL HELP ALL THE PEOPLE THAT NEED A HOUSING A
03:30:12 PORTABLE HOUSING BECAUSE I WAS ONE UP THAT MY ROOM THAT I
03:30:16 PUNISHED BARRY WAY SAYS BECAUSE I HAVE I LET THE MADNESS IN TO
03:30:23 PAY AND THEN I ASK MY TENANTS THERE TO GIVE ME A BIG BIGGER
03:30:31 THEN THE AND THEN AS YOU GIVE ME CAREGIVER BECAUSE I LET THE
03:30:35 BABIES IN TO TAKE I WOULD HAVE BEEN 82 YEARS OLD TODAY AND LET
03:30:42 THE LETTER MADE THIS BED CAME WITH A GOODNIGHT AND GOD BLESS
03:30:46 YOU ALL LOVE YOU. >> THANK YOU FOR YOUR COMMENTS
03:30:50 TO THE NEXT SPEAKER PLEASE. >> HELLO, I'M THERESA DE LA LA
03:30:54 WITH SOME CAN YOU KNOW SAN FRANCISCO MUST PURSUE RANGE A
03:30:58 RANGE OF SOLUTIONS TO INCREASE ACCESS TO AFFORDABLE HOUSING
03:31:01 BECAUSE THERE IS NO SINGLE SOLUTION TO SOLVE THIS CRISIS
03:31:09 THE COMMUNITY HAS WAITED FOR DECADES TO ACCESS NO REAL
03:31:12 AFFORDABLE HOUSING. THIS CITY MUST GIVE AFFORDABLE
03:31:16 HOUSING THE SAME URGENCY THAT IT GIVES MARKET RATE HOUSING.
03:31:21 I ASK DECISION MAKERS NOT TO LOOK AT THIS ISSUE FROM ONLY
03:31:24 ONE SIDE. THERE ARE TWO SIDES OF THE
03:31:28 STORY. WHILE WE CONTINUE TO HEAR ABOUT
03:31:29 POLICIES THAT SUPPORT MARKET RATE DEVELOPMENT, WE MUST ALSO
03:31:32 PRIORITIZE SOLUTIONS THAT CREATE AND PRESERVE AFFORDABLE
03:31:36 HOUSING FOR WORKING CLASS FAMILIES, SENIORS, IMMIGRANTS
03:31:40 AND LONG TIME SAN FRANCISCANS WHO ARE STRUGGLING TO REMAIN
03:31:44 IN THE CITY. >> THE BUT THE BLAZE REPORT
03:31:48 IDENTIFIES NEW REVENUE SOURCES AND NEW TOOLS TO CREATE AN
03:31:52 AFFORDABLE HOUSING OF OPPORTUNITIES AND HOPEFULLY IT
03:31:56 WILL INCLUDE ALSO SOCIAL HOUSING.
03:31:59 >> THESE RECOMMENDATIONS SHOULD MOVE FORWARD ALONGSIDE ANY
03:32:03 EXPANSION OF THE AFFORDABLE HOUSING RECOMMENDATIONS
03:32:07 AND ESPECIALLY THE EXPANSION OF THE AFFORDABLE HOUSING TRUST
03:32:09 FUND BECAUSE ONE STRATEGY ALONE WILL NOT MEET THE SCALE OF THE
03:32:15 NEED. >> ARE WE EXPECTED TO WAIT OVER
03:32:19 115 YEARS FOR APPROXIMATELY 45,000 AFFORDABLE HOUSING UNITS
03:32:22 TO BE BUILT? BECOME AVAILABLE AND BE
03:32:26 ACCESSIBLE TO PEOPLE WHO NEED THEM.
03:32:27 >> IF NOT, WHAT IS THE CITY'S PLAN TO ACCELERATE THAT
03:32:30 TIMELINE? PLEASE LET US KNOW.
03:32:34 OUR COMMUNITIES CANNOT WAIT ANOTHER GENERATION.
03:32:37 AFFORDABLE HOUSING DESERVES THE SAME URGENCY, COMMITMENT
03:32:42 AND INVESTMENT THAT THIS CITY GIVES TO MARKET RATE HOUSING.
03:32:46 MARAMING SALAMAT. THANK YOU FOR EVERYTHING THAT
03:32:49 YOU DO. >> THANK YOU FOR YOUR COMMENTS.
03:32:50 NEXT SPEAKER PLEASE. GOOD AFTERNOON.
03:32:53 THANK YOU. SUPERVISOR CHEN AL GORE FOR
03:32:57 HAVING THIS BILL ROUND. MY NAME IS HEATHER DAVIS AND I
03:33:01 AM A DISTRICT FOUR RESIDENT. >> I HAD A FULL IMMERSION
03:33:07 IN THE HOUSING MARKET FROM 2022 TO 2023.
03:33:10 >> AFTER WE SPONSORED MY HUSBAND AND I SPONSORED TEN
03:33:14 UKRAINIANS COME TO THE UNITED STATES AND HELPED I ATTEMPTED
03:33:17 TO HELP THEM FIND HOUSING. WE PROBABLY WENT THROUGH 50
03:33:20 HOUSES I'M SORRY 50 APPLICATIONS, 100 HOUSES
03:33:24 AND THANKFULLY WE ARE NOW COSIGNED ON TO FIVE BEDROOM
03:33:28 HOMES FOR FOUR FAMILIES. BUT I WAS I WAS ENCOURAGED BY
03:33:32 YOUR WORDS TODAY AND YOUR IDEAS.
03:33:36 I DO THINK THE REVOLVING FUND IS A GREAT IDEA.
03:33:39 >> GIVE LOW INTEREST BRIDGE LOANS TO THOSE MARKET RATE
03:33:43 DEVELOPERS THAT RAISE THEIR INCLUSION.
03:33:44 PLEASE. >> I ALSO WANT TO SAY THAT WITH
03:33:47 REGARD TO THE WEST SIDE BEING WELL RESOURCED, THE WEST SIDE
03:33:54 PORTABLE EMERGENCY WATER FIREFIGHTING WATER SYSTEM IS A
03:34:00 $5 BILLION PROJECT. >> AND SO WITHOUT THAT OR AN
03:34:04 ALTERNATIVE SYSTEM WERE NOT WELL RESOURCED.
03:34:05 THERE WAS JUST A 7.8 EARTHQUAKE IN MINDANAO TO THE PHILIPPINES
03:34:12 WHICH IS TRAGIC. WE ARE NOT PREPARED AT $5
03:34:16 BILLION AND WITH NO SCHEDULED BONDS FOR THE ASSETS YOU SEE TO
03:34:20 PUT MORE MONEY OVER INTO THIS PROJECT OVER THE NEXT TEN YEARS
03:34:24 IT WILL TAKE AT LEAST 20 CYCLES OF EXTRA BONDS IF YOU PUT 250
03:34:33 MILLION EACH TIME EVERY THREE YEARS IT WOULD TAKE 20 CYCLES
03:34:37 OR 60 YEARS TO COMPLETE IT. THE EMERGENCY PUMPHOUSE IS THE
03:34:41 LAST PHASE. THAT WOULDN'T HAPPEN UNTIL
03:34:46 2086. BY THEN WE COULD BE ALTADENA.
03:34:47 SO PLEASE PLEASE FIND A DIFFERENT WAY TO FUND THAT
03:34:53 PROJECT OR GO FOR A CHEAPER PROJECT.
03:34:54 >> DON'T BRING PEOPLE TO OUR NEIGHBORHOOD JUST TO LOSE THEIR
03:34:58 HOMES. >> THANK YOU SO MUCH.
03:35:00 >> SO THE NEXT PICK PLACE. CHRISTINE EVANS WITH SMALL
03:35:05 BUSINESS FORWARD HERE TODAY TO SPEAK FROM A SMALL BUSINESS
03:35:09 LENS ON THE LACK OF AFFORDABLE HOUSING AND WHAT THAT MEANS FOR
03:35:13 OUR BUSINESSES. >> I WAS REMINDED THROUGH THIS
03:35:16 CONVERSATION OF A COMMUNITY MEETING THAT I ATTENDED I THINK
03:35:20 IT WAS MAYBE 15 YEARS AGO WITH SUPERVISOR WEINER AT THE TIME
03:35:26 AND HE YOU KNOW, I ASKED HIM, YOU KNOW, WE SEE VISIBLE
03:35:30 HOMELESSNESS IN THE HAIGHT-ASHBURY THAT IMPACTS OUR
03:35:31 CUSTOMERS WILLINGNESS TO COME AND SHOP IN OUR STORES.
03:35:34 AND I SAID CAN'T WE BUILD SOME MORE HOUSING TO ADDRESS
03:35:38 HOMELESSNESS IN OUR COMMUNITY? AND I THINK HE GAVE A FIVE
03:35:42 MINUTE RESPONSE BUT FELT LIKE 20 MINUTES WHERE HE TALKED
03:35:46 ABOUT THE NEED FOR ESTABLISHING CONSERVATORSHIP AS LIKE A MAIN
03:35:50 MECHANISM OF ADDRESSING HOMELESSNESS.
03:35:51 >> AND IT OCCURS TO ME THAT 15 YEARS LATER WE'VE MADE SO
03:35:57 LITTLE PROGRESS. >> I'VE BEEN IN THE COMMUNITY
03:35:59 MEETINGS TALKING ABOUT THE LACK OF AFFORDABLE HOUSING TO
03:36:01 ADDRESS VISIBLE HOMELESSNESS. AT MY OWN STORE I'VE HAD
03:36:05 EMPLOYEES ELLA SOCKED EVICTED. I HAD AN EMPLOYEE WHOSE
03:36:08 GRANDMOTHER PASSED AWAY AND ALL NINE FAMILY MEMBERS BECAME
03:36:12 HOMELESS. HE HAD THE COUCH COUCH SURF
03:36:13 AND COULD NOT AFFORD HOUSING. >> TODAY MOST SMALL BUSINESS
03:36:20 WORKERS MAKING 30 TO $80,000 A YEAR IN OUR NEIGHBORHOOD
03:36:23 COMMERCIAL CORRIDORS. WHAT'S AFFORDABLE TO THEM IS
03:36:26 LESS THAN 2000 A MONTH. SO ONE BEDROOM AT 4000 A MONTH
03:36:30 WHICH IS WAY MORE THAN IT WAS 1520 YEARS AGO.
03:36:34 IT'S ABOUT POLITICAL WILL. IT'S ABOUT THE POLITICIANS THAT
03:36:38 HAVE NOT FACE THE REALITY OF THE SCALE NEEDED FOR THIS
03:36:42 CHALLENGE. >> AND I'LL JUST MENTION
03:36:46 IN TERMS OF INCREASING THE TRUST FUND FROM 50 TO 125
03:36:48 MILLION AS A 7% ANNUAL GROWTH RATE.
03:36:49 >> SO IT'S NOT EVEN A DOUBLE DIGIT INCREASE OVER THAT PERIOD
03:36:55 OF TIME. >> IT'S NOT MEETING THE NEED OF
03:36:59 WHAT'S BEEN PRESENT AS A PROBLEM IN OUR COMMUNITY FOR
03:37:02 DECADES. >> THANK YOU.
03:37:03 THANK YOU FOR YOUR COMMENTS. >> NEXT SPEAKER, PLEASE.
03:37:09 >> GOOD EVENING SUPERVISORS. I'M LORI DRAW CITY DIRECTOR OF
03:37:13 HOUSING AND PLANNING AT SPUR. >> WE APPRECIATE THE FOCUS OF
03:37:17 THIS HEARING BECAUSE AS YOU KNOW, SAN FRANCISCO IS FACING
03:37:20 SIGNIFICANT CHALLENGES IN MEETING AFFORDABLE HOUSING
03:37:21 GOALS PARTICULARLY LI FOR LOW AND MODERATE INCOME HOUSEHOLDS
03:37:28 . >> THIS IS AN IMPORTANT ISSUE
03:37:29 NOT ONLY TO SPUR BUT FOR ME PERSONALLY.
03:37:33 LEE I HAVE A FAMILY MEMBER LIVING IN THE ARLINGTON AND THE
03:37:34 TENDERLOIN WHO IS PREVIOUSLY UNHOUSED AND IT'S A SUPPORTIVE
03:37:37 AFFORDABLE HOUSING COMPLEX. >> AND AS THE CITY CONSIDERS
03:37:41 LONG TERM AFFORDABLE HOUSING FUNDING STRATEGIES, I ENCOURAGE
03:37:45 US TO DISTINGUISH BETWEEN TWO IMPORTANT QUESTIONS.
03:37:49 >> ONE IS HOW WE FUND AFFORDABLE HOUSING AND HOW MUCH
03:37:55 HOUSING DEVELOPMENT, HOW MUCH HOUSING DEVELOPMENT CAN
03:37:59 REALISTICALLY SUPPORT. SO YOU KNOW, AS YOU SAW THE
03:38:03 CONTROLLER'S RECENT FEASIBILITY ANALYSIS FOUND THAT UNDER
03:38:04 CURRENT MARKET CONDITIONS EVERY RENTAL HOUSING PROTOTYPE WAS
03:38:10 FINANCIALLY INFEASIBLE. THAT MEANS WE'RE RELYING
03:38:14 PARTIALLY ON A FUNDING STRATEGY THAT DEPENDS ON DEVELOPMENT
03:38:18 ACTIVITY THAT IS NOT OCCURRING. OF COURSE THE CITY SHOULD
03:38:22 CONTINUE EXPLORING LARGER AND MORE STABLE
03:38:23 COUNTER-CYCLICAL FUNDING SOURCES FOR AFFORDABLE HOUSING.
03:38:27 BUT WE ALSO CANNOT RELY SOLELY ON MARKET RATE DEVELOPMENT TO
03:38:31 HELP SAN FRANCISCO MEET ITS AFFORDABLE HOUSING NEEDS.
03:38:35 >> AT THE SAME TIME, LET'S MAKE SURE WE DON'T UNDERMINE HOUSING
03:38:39 PRODUCTION WHILE SEARCHING FOR THOSE SOLUTIONS.
03:38:42 WHEN PROJECTS STOP MOVING FORWARD WE LOSE MARKET RATE
03:38:44 HOMES, AFFORDABLE HOMES IMPACT FEE REVENUE, CONSTRUCTION JOBS
03:38:50 ,FUTURE TAX REVENUE AND OF COURSE THEN RENTS GO UP.
03:38:54 >> SO PLEASE CONSIDER THESE STRATEGIES AS YOU MOVE FORWARD
03:38:58 . AND I WANT TO THANK YOU FOR
03:38:59 YOUR SERVICE AND BEING HERE FOR A VERY LONG AFTERNOON.
03:39:01 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
03:39:03 NEXT SPEAKER PLEASE. I THANK YOU SUPERVISORS.
03:39:10 >> MY NAME IS EMILY MOCK. I'M A ORGANIZER FROM THE
03:39:13 CHINESE PROGRESSIVE ASSOCIATION.
03:39:14 THANKS TO THE CLERK JOHN CARROLL FOR SENDING THROUGH
03:39:17 SOME WRITTEN COMMENTS FROM OUR YOUTH MEMBERS WHO ARE IN SCHOOL
03:39:21 RIGHT NOW AND PREPARED COMMENT SENT TO ALL OF YOU.
03:39:22 >> I'M GOING TO READ TODAY A COMMENT FROM ONE OF OUR
03:39:26 MEMBERS, MISS MOON HUANG. HI EVERYONE.
03:39:29 MY NAME IS MOON HUANG. I'M A MEMBER OF THE CHINESE
03:39:30 PROGRESSIVE ASSOCIATION. I'M HERE TODAY TO SPEAK FOR
03:39:34 THOUSANDS OF FAMILIES WHO ARE JUST TRYING TO SURVIVE IN SAN
03:39:37 FRANCISCO. WE ALL KNOW THE TRUTH.
03:39:38 THERE ARE NOWHERE NEAR ENOUGH AFFORDABLE HOMES IN THE CITY
03:39:42 AND HONESTLY EVEN THE HOUSING THAT PEOPLE CALL AFFORDABLE IS
03:39:45 STILL WAY TOO EXPENSIVE FOR NORMAL WORKING PEOPLE.
03:39:49 >> LOOK AT MY OWN FAMILY RIGHT NOW THREE GENERATIONS SEVEN OF
03:39:52 US ALTOGETHER INCLUDING MY PARENTS, MY IN-LAWS, MY TWO
03:39:56 KIDS ARE ALL CROWDED UNDER ONE ROOF.
03:39:57 WE'RE LUCKY BECAUSE WE ACTUALLY OWN OUR HOME BUT BECAUSE PRICES
03:40:00 OUT THERE ARE SO CRAZY MY PARENTS CAN'T AFFORD TO MOVE
03:40:04 OUT AND RETIRE ON THEIR OWN AND MY KIDS THEY WILL PROBABLY
03:40:08 NEVER BE ABLE TO AFFORD THEIR OWN PLACE IN THE CITY.
03:40:11 WE ARE PACKED IN LIKE THIS BECAUSE WE HAVE NO OTHER CHOICE
03:40:15 . IF A FAMILY THAT OWNS A HOUSE
03:40:16 FEELS THIS STRESSED AND ANXIOUS EVERY DAY, JUST IMAGINE HOW
03:40:19 TERRIBLE IT IS FOR PEOPLE WHO RENT AND ARE RENT BURDENED.
03:40:22 >> SO I'M ASKING ALL CITY DEPARTMENTS AND OFFICIALS
03:40:24 PLEASE USE EVERY DOLLAR THAT YOU HAVE TO BUILD MORE HOUSING
03:40:27 MORE DEEPLY AFFORDABLE HOUSING AND HELP WORKING CLASS FAMILIES
03:40:31 PAY FOR IT. >> WE NEED REAL LONG TERM PLANS
03:40:34 TO FUND THESE PROJECTS AND PLEASE DO NOT LOWER THE
03:40:38 RULES FOR DEVELOPERS. DO NOT LET THEM BUILD FEWER
03:40:39 AFFORDABLE UNITS. >> AFFORDABLE HOUSING IS ABOUT
03:40:42 OUR DIGNITY AND OUR FUTURE. PLEASE GIVE SAN FRANCISCO
03:40:45 FAMILIES A FIGHTING CHANCE. THANK YOU.
03:40:48 THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:40:53 >> GOOD AFTERNOON SUPERVISORS OR MAYBE IT'S EVENING NOW BUT
03:40:57 MY NAME IS SHARON NG AND I'M A PLANNER AT CHINATOWN CDC.
03:41:00 WE'RE GRATEFUL TO BE PART OF CONVERSATIONS TO FIND WAYS TO
03:41:02 MEET THE CITY'S AFFORDABLE HOUSING GOALS IN COMMUNITY
03:41:04 COALITION SPACES WITH MARGINALIZED POPULATIONS
03:41:07 THEMSELVES AND WITH LEGISLATORS LIKE YOU ALL TODAY WE'RE
03:41:09 ESPECIALLY THANKFUL FOR SUPERVISOR CHEN AND THE 11
03:41:13 STAFF FOR COMMISSIONING THIS REPORT TO ASSESS THE CURRENT
03:41:16 STATUS OF AFFORDABLE HOUSING IN THE CITY.
03:41:17 IT HIGHLIGHTS MUCH OF WHAT WE'VE ALREADY SEEN WORKING
03:41:20 IN THE COMMUNITY AS AFFORDABLE HOUSING DEVELOPERS AND TENANT
03:41:24 COUNCILORS, THE DEFICIT OF AFFORDABLE HOUSING UNITS TO
03:41:25 MEET THE NEEDS OF SAN FRANCISCANS PARTICULARLY
03:41:28 EXTREMELY LOW INCOME ONES OVER A THIRD OF SAN FRANCISCANS
03:41:32 BEING RENT BURDENED ETC.. BUT THE REPORT IS ALSO
03:41:36 SIGNIFICANT BECAUSE IT PROVIDES A PATH FORWARD WITH POLICY
03:41:39 AND FUNDING SOLUTIONS THAT SHOULD BE FURTHER DISCUSSED
03:41:40 IN COMMUNITY. WE'RE GRATEFUL FOR SUPERVISOR
03:41:43 MAL GARS WORK TO EXPAND THE HOUSING TRUST FUND
03:41:44 AND RECOGNIZE THE AMOUNT OF WORK THAT WENT INTO THIS
03:41:47 PROCESS. BUT WE CAN'T STOP THERE AS THE
03:41:50 L.A. REPORT HAS ILLUSTRATED, IT'S GOING TO TAKE A LOT MORE
03:41:52 TO MEET OUR GOALS AND HOUSING PRODUCTION HASN'T BEEN EVENLY
03:41:55 DISTRIBUTED ACROSS INCOME LEVELS.
03:41:59 >> D CDC WORKED WITH MANY OTHER REC MEMBER ORGANIZATIONS TO
03:42:03 ADVOCATE FOR EQUITY RELATED POLICY ACTIONS IN THE 2022
03:42:05 HOUSING ELEMENT PERTAINING TO HOUSING PLACE KEEPING AND LAND
03:42:06 USE BECAUSE WE ALL COLLECTIVELY BELIEVE THAT PLANNING SHOULD BE
03:42:10 TACKLED AS SUCH AS THE YEARS HAVE GONE BY WE'RE STILL SHORT
03:42:13 OF OUR GOALS AND MANY OF THESE POLICIES REMAIN UNIMPLEMENTED.
03:42:16 THIS REPORT REVEALS FUNDING STRATEGIES AND WE HOPE THAT
03:42:18 THEY WILL WORK IN CONJUNCTION WITH THE COMMUNITY DRIVEN
03:42:21 IMPLEMENTATION ACTIONS FROM THE HOUSING ELEMENT THAT ALREADY
03:42:24 EXIST. >> WE ALSO NEED A SENSIBLE WAY
03:42:25 FOR SAN FRANCISCO TO TRACK AND REPORT PROGRESS TOWARDS
03:42:28 MEETING ITS ARENA GOALS FOR EACH INCOME CATEGORY
03:42:29 SPECIFICALLY BECAUSE AS WE'VE SEEN HERE PRODUCTION IS
03:42:32 UNEVENLY DISTRIBUTED AND THAT OFTEN ISN'T CAPTURED IN THE
03:42:37 OVERARCHING HOUSING CONVERSATION.
03:42:38 >> PLANNING HAS A HOUSING DASHBOARD WHERE THE PUBLIC CAN
03:42:41 SEE THE NUMBER OF UNITS IN THE PIPELINE BUT THIS DOESN'T
03:42:44 CAPTURE THE SPECIFIC LEVELS OF AFFORDABILITY OVERALL.
03:42:46 WE NEED ACCOUNTABILITY AROUND IMPLEMENTING EQUITY RELATED
03:42:49 POLICY ACTIONS IN THE HOUSING UNIT INCLUDING THOSE FOCUSED ON
03:42:52 AFFORDABLE HOUSING PRODUCTION, PRESERVE PRESERVATION AND ANTI
03:42:53 DISPLACEMENT. >> THANK YOU.
03:42:56 >> THANK YOU. LET'S HAVE THE NEXT SPEAKER
03:42:57 PLEASE. >> HI, MY NAME IS DAVE.
03:43:03 I'M A COAL VALLEY RESIDENT. I'M A VOLUNTEER LEAD WITH SFE
03:43:05 AND B I WANT TO SPEAK HERE IN SUPPORT OF BOTH THE LOWERING
03:43:10 OF THE INCLUSIONARY ZONING THAT WAS PROPOSED AND SHOWN AS
03:43:12 NEEDED THROUGH THE THC REPORT AND STUFF THAT WE'VE HEARD FROM
03:43:16 PLANNING AND OTHER GROUPS TODAY AS WELL AS STRONGLY IN FAVOR OF
03:43:20 THIS EXPANSION OF THE AFFORDABLE HOUSING TRUST.
03:43:24 I REALLY APPRECIATED EARLIER SUPERVISOR MELGAR WHEN YOU
03:43:27 BROUGHT UP HOW ACCESS AND UPWARD MOBILITY IS A VERY
03:43:30 STRONG PULL TO SAN FRANCISCO. MY WIFE AND I MOVED HERE A
03:43:34 LITTLE OVER A YEAR AGO FROM TEXAS AND THAT ACCESS AND THAT
03:43:39 WELCOMING AND HONESTLY JUST SEEMED MORE LIVABLE AND BETTER
03:43:40 LEGAL ENVIRONMENT IN SAN FRANCISCO IN PARTICULAR WAS A
03:43:46 HUGE DRAW FROM TEXAS AND I KNOW THAT A LOT OF PEOPLE ARE MOVING
03:43:49 FROM ALL THESE DIFFERENT RED STATES FROM WAR TORN AREAS
03:43:51 AND I THINK THAT ACCESS IS SOMETHING THAT WE REALLY NEED
03:43:54 TO KEEP IN MIND. I KNOW THAT ME AND MY WIFE WERE
03:43:57 FORTUNATE ENOUGH TO FIND A AFFORDABLE APARTMENT A LITTLE
03:44:00 OVER A YEAR AGO AND AS WE'VE HEARD IN SOME OF THE
03:44:01 PRESENTATIONS, RENTS HAVE ONLY CONTINUE TO GO UP.
03:44:05 >> WE ALSO HEARD THOUGH THAT IT IS NOT CURRENTLY FEASIBLE FOR
03:44:09 MARKET RATE DEVELOPMENT TO HAPPEN WITH THE INCLUSIONARY
03:44:13 RATE AND SO I THINK WE NEED TO LET EVERYONE DO WHAT THEY DO
03:44:16 BEST THE DEVELOPERS OF MARKET RATE HOUSING PRODUCING, MARKET
03:44:20 RATE, HOUSING ALL THESE BARRIERS IN THEIR WAY ARE
03:44:21 MAKING IT HAPPEN WHILE ALSO BOOSTING OUR AFFORDABLE HOUSING
03:44:25 TRUST AND MAKING SURE THAT WE CAN GET ACCESS TO NOT JUST
03:44:29 THESE MIDDLE INCOME AND ALL THESE MARKET RATE GROUPS BUT
03:44:32 ALSO MAKE SURE WE HAVE A RELIABLE CONSISTENT FUNDING
03:44:35 STRUCTURE FOR THESE AFFORDABLE HOUSING AND TO HELP OFFSET SOME
03:44:40 OF THESE COSTS FOR DEVELOPERS. >> THANK YOU.
03:44:43 >> THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:44:47 >> HI WHIT TURNER ON BEHALF OF THE HOUSING ACTION COALITION,
03:44:49 I'M GOING TO TRY TO KEEP IT SUPER BRIEF BECAUSE I KNOW IT'S
03:44:52 OFFICIALLY THE EVENING. I THINK I HEARD THE DIRECTOR
03:44:55 SAY IN COMPARISON FOR LIKE OUR NUMBERS IN COMPARISON TO OUR
03:44:59 ARENA GOALS IT'S DEPRESSING. I FEEL LIKE IF YOU LOOK AT ANY
03:45:00 OF OUR HOUSING NUMBERS IN COMPARISON TO ANY OF OUR
03:45:03 HOUSING GOALS IT'S VERY DEPRESSING.
03:45:04 KEEPS ME UP AT NIGHT LOOKING AT THE ATTACK WHEN WE SAW THE
03:45:09 NEGATIVES ACROSS THE BOARD ON PRODUCTION AND HOME VALUE IT'S
03:45:13 IT'S IT'S JUST HORRIBLE. SO WE'RE REALLY BIG FANS
03:45:17 AND SUPPORTIVE OF THE LEADERSHIP OF SUPERVISOR MELGAR
03:45:21 ON THE AFFORDABLE HOUSING TRUST FUND AND ESPECIALLY THE
03:45:22 INCLUSIONARY REDUCTIONS ON THE OTHER SIDE OF THAT HOPING TO
03:45:26 ACTUALLY PRODUCE SOME SORT OF INCLUSIONARY HOUSING BECAUSE
03:45:30 THE LIMITS ARE THERE RIGHT NOW AND IT'S JUST NOT HAPPENING.
03:45:33 SO WE HOPE TO KEEP MOVING FORWARD AND AS MANY OPTIONS AS
03:45:35 WE CAN GET AND FINANCIAL BACKING FOR AFFORDABLE HOUSING
03:45:38 AS POSSIBLE WOULD BE AMAZING. >> SO THANK YOU.
03:45:41 THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
03:45:44 >> GOOD EVENING. SUPERVISE JOHN TYLER BRENTWOOD
03:45:49 THE RACE INEQUITY AND ALL PLANNING COALITION ECHOING
03:45:52 OTHERS WE WANT TO EXPRESS OUR GRATITUDE TO SUPERVISOR CHEN
03:45:53 AND THE DISTRICT 11 OFFICE FOR COMMISSIONING THIS PLAY REPORT
03:45:56 AND THE BLA FOR THEIR WORK. IT WAS A LONG REPORT BUT A LOT
03:46:00 OF GOOD STUFF TO READ. IT'S REALLY IMPORTANT THAT THE
03:46:03 CITY IS ENGAGING IN MEANINGFUL POLICY DISCUSSIONS AROUND THE
03:46:07 NEED TO SIGNIFICANTLY INCREASE ACCESS TO AFFORDABLE HOUSING.
03:46:11 >> THE BLAZE REPORT CLEARLY DEMONSTRATES HOW THE CITY'S
03:46:14 CURRENT APPROACH WILL FAIL TO MEET THE OF THE CITY'S
03:46:16 AFFORDABLE HOUSING GOALS. >> AND WE KNOW THAT WE NEED TO
03:46:20 IMPLEMENT MULTIPLE STRATEGIES TO GET US THERE AND MEET OUR
03:46:22 COMMUNITY'S NEEDS AND WE ASK THAT OUR CITY AGENCIES
03:46:25 AND DEPARTMENTS TAKE THE REPORT'S RECOMMENDATIONS
03:46:27 SERIOUSLY. >> WE KNOW, HOWEVER, THAT
03:46:30 RECOMMENDATIONS ARE ONLY MADE STRONG BY IMPLEMENTATION
03:46:33 AND ACCOUNTABILITY AS IS THE ANNUAL APRIL PORT IS
03:46:37 INACCESSIBLE AND IS NOT PRESENTED IN A FASHION THAT
03:46:39 ALLOWS THE COMMUNITY TO UNDERSTAND WHAT OUR PROGRESS IS
03:46:42 TOWARDS OUR GOALS. WE ALSO ASK THAT THE BOARD OF
03:46:45 SUPERVISORS TAKE ACTION TO INCREASE ACCOUNTABILITY.
03:46:49 SO SAN FRANCISCO IS REPORTING AND TRACKING OUR PROGRESS
03:46:50 TOWARDS MEETING RINA GOALS AND IMPLEMENTING ALL OF THE
03:46:53 ACTIONS WE COMMITTED TO IN OUR HOUSING ELEMENT INCLUDING THOSE
03:46:57 FOCUSED ON AFFORDABLE HOUSING PRODUCTION, PRESERVATION
03:47:01 AND PROTECTING TENANTS AGAINST DISPLACEMENT.
03:47:02 >> THANK YOU. THANK YOU FOR YOUR COMMENTS TO
03:47:05 THE NEXT SPEAKER PLEASE. >> GOOD EVENING SUPERVISORS.
03:47:13 >> I AM ANNA CRISTINA RANA, A MEMBER OF THE RECENT EQUITY
03:47:14 AND ALL PLANNING COALITION REP S.F. IS GRATEFUL TO YOU
03:47:17 SUPERVISOR CHEN AND THE DISTRICT 11 OFFICE FOR
03:47:21 COMMISSIONING THIS REALLY REPORT AND FOR HOLDING THIS
03:47:22 HEARING. THE PEEL REPORT PRESENTS
03:47:25 INSPIRING SUCCESS STORIES FROM CITIES AND COUNTIES ACROSS THE
03:47:29 COUNTRY THAT ARE ALREADY IMPLEMENTING INNOVATIVE
03:47:32 STRATEGIES FOR RESEARCH RESOURCE GENERATION
03:47:36 AND DEVELOPMENT OF AFFORDABLE HOUSING AND NEW MODELS OF
03:47:37 SOCIAL HOUSING. SAN FRANCISCO MUST FOLLOW THEIR
03:47:41 THEIR LEAD BY PURSUING BOTH NEW FUNDING STREAMS AND NEW TOOLS
03:47:45 TO CREATE THE AFFORDABLE HOUSING AND THE SOCIAL HOUSING
03:47:48 OPPORTUNITIES WE DESPERATELY NEED.
03:47:52 >> AS MANY OF OUR COMMUNITY LEADERS AND EXPERTS HAVE
03:47:53 ALREADY SAID TODAY THE CITY MUST PURSUE A RANGE OF
03:47:56 SOLUTIONS TO INCREASE ACCESS TO AFFORDABLE HOUSING AND MEET THE
03:48:00 NEEDS OF OUR COMMUNITIES AS WE NEED OUR CITY LEADERS TO CREATE
03:48:04 MORE INFRASTRUCTURE FOR HOUSING MODELS THAT DON'T RELY ON THE
03:48:08 SPECULATIVE MARKET TO DELIVER A BASIC NEED.
03:48:12 THIS MEANS PRESERVING RENT CONTROLLED HOUSING FUNDING,
03:48:15 SMALLER SKILLED AFFORDABLE HOUSING AND LAND BANKING,
03:48:19 RESERVING SURPLUS SITES FOR AFFORDABLE HOUSING, SOCIAL
03:48:20 HOUSING AND COMMUNITY LAND TRUSTS RATHER THAN HANDING THEM
03:48:24 OFF TO PRIVATE DEVELOPERS. WE URGE THE CITY TO PURSUE BOTH
03:48:28 THE NEW FUNDING STREAMS AND THE NEW TOOLS PRESENTED IN THE
03:48:31 REPORT TO CREATE THE AFFORDABLE HOUSING AND SOCIAL HOUSING
03:48:35 OPPORTUNITIES THAT WE NEED TO HOUSE THE ESSENTIAL COMMUNITIES
03:48:39 THAT KEEP OUR CITY RUNNING AND MAKE OUR CITY WHAT IT IS
03:48:42 SAN FRANCISCO NEEDS TO BUILD FOR OUR COMMUNITIES NEEDS
03:48:43 RATHER THAN FOR PROFIT. >> THANK YOU SO MUCH FOR YOUR
03:48:47 TIME. THANK YOU FOR YOUR COMMENTS.
03:48:48 DO WE HAVE ANY FURTHER SPEAKERS FOR AGENDA ITEM NUMBER FOUR
03:48:51 MADAM CHAIR? OKAY.
03:48:54 PUBLIC COMMENT IS NOW CLOSED. I JUST WANTED TO PROVIDE A
03:48:58 COUPLE COMMENTS BEFORE I LET YOU WRAP UP THIS HEARING.
03:49:02 >> MADAM VICE CHAIR. >> SO I FIRST OF ALL I JUST
03:49:06 WANT TO THANK THE COMMUNITY IN OUR CITY STAFF FOR ALL OF
03:49:10 THIS WORK AND FOR COMING TODAY AND STAYING THE LONG HOURS TO,
03:49:17 AS I SAID, WEIGH IN ON THE MOST IMPORTANT TOPIC FOR OUR CITY
03:49:21 WHICH IS HOUSING. YOU KNOW, I THINK THAT THERE'S
03:49:25 A TENDENCY THAT IF WE DO THIS ONE THING WE'RE GOING TO SOLVE
03:49:30 ALL THE PROBLEMS, RIGHT? IF WE JUST CHANGE THE ZONING,
03:49:32 WE'RE GOING TO SOLVE ALL THE PROBLEMS IF WE JUST, YOU KNOW,
03:49:34 PUT MORE MONEY INTO HOUSING WILL SOLVE OUR PROBLEMS.
03:49:37 AND I WILL SAY THAT HOUSING IS A REALLY COMPLICATED THING.
03:49:44 SO IT IS ABOUT LAND USE. IT IS ABOUT ZONING, IT IS ABOUT
03:49:48 FINANCING. IT IS ABOUT HISTORICAL PATTERNS
03:49:51 OF EXCLUSION BASED ON RACE. IT IS ABOUT POLICIES
03:49:55 AND PRIORITIES THAT WE HAVE THAT DEAL WITH ENVIRONMENTAL
03:49:59 RADIO WITH PROXIMITY TO TRANSIT.
03:50:00 IT'S ABOUT A LOT OF THINGS. AND SO YOU KNOW, I DO WANT TO
03:50:05 CAUTION US THAT, YOU KNOW, IF WE JUST DO THIS ONE THING WE'RE
03:50:11 GOING TO WIN. THAT'S NOT THE CASE.
03:50:12 BUT THAT DOESN'T EXEMPT US FROM LIKE DOING THE HARD WORK TO,
03:50:18 YOU KNOW, RECTIFY PAST WRONGS AND BUILD A FUTURE.
03:50:22 AND SO IN THAT SPIRIT I REALLY APPRECIATE YOUR APPROACH.
03:50:23 SUPERVISOR CHAN BECAUSE THAT'S THE RIGHT WAY IT IS ABOUT
03:50:27 ANALYZE ING ALL OF THE DIFFERENT ASPECTS OF THAT HAVE
03:50:31 LED US TO THIS CRISIS AND HAVING THE POLITICAL WILL
03:50:34 TO BE ABLE TO TAKE ON THESE THINGS SOMETIMES AGAIN THE YOU
03:50:41 KNOW, POLITICAL COALITIONS THAT HAVE BEEN BUILT IN THE PAST I
03:50:46 WANT TO PRESERVE THEIR POWER IN SOMETIMES, YOU KNOW, WANTING
03:50:50 TO LIKE BE BOLD AND DO THINGS THAT, YOU KNOW, NEED TO BE
03:50:56 DONE. AND SO LIKE I SAID, I AM REALLY
03:50:58 GRATEFUL TO YOU AND YOUR STAFF SUPERVISOR CHEN FOR TAKING THIS
03:51:04 ON AND FOR GUIDING THIS PROCESS AND FRED, THANK YOU AGAIN FOR
03:51:08 THE HARD WORK OF YOUR STAFF AND THE NUMBER CRUNCHING
03:51:13 AND THE ANALYSIS THAT YOU HAVE DONE AND I HOPE THAT WE ALL
03:51:16 HAVE THE POLITICAL WILL TO WORK TOGETHER TO SOLVE THE VERY
03:51:23 COMPLICATED ISSUE THAT IS ACTUALLY NOT ONE PROBLEM
03:51:24 BECAUSE YOU KNOW, JUST LIKE WE NEED TO ADDRESS THE NEEDS OF
03:51:28 WOMEN WHO HAVE, YOU KNOW, EXPERIENCE THE MESSICK VIOLENCE
03:51:34 WE ALSO HAVE TO SOLVE FOR FIRE FIGHTERS WHO WANT TO BUY A HOME
03:51:39 IN SAN FRANCISCO AND CANNOT. AND SO IT IS A VERY COMPLICATED
03:51:42 SET OF ISSUES AND A WHOLE SPECTRUM OF NEED, NOT JUST ONE
03:51:46 NEED. AND I'M LOOKING FORWARD TO
03:51:49 TACKLING WITH YOU SUPERVISOR CHEN ALL OF THE DIFFERENT
03:51:53 RECOMMENDATIONS THAT THIS REPORT HAS PUT FORWARD AND EVEN
03:51:57 COMING UP WITH SOME NEW ONES. SO THANK YOU SO MUCH.
03:52:01 THANK YOU CHAIR MALKA AGAIN, I WANT TO ALSO THANK MY
03:52:09 COLLEAGUES SUPERVISOR MAHMUD AGAIN AND THANK ALL THE
03:52:13 COMMUNITY PARTNERS AND AND AND THIS REPORT AND ALSO IN SAN
03:52:17 FRANCISCO WE HAVE BEEN PLAYED ING A VERY IMPORTANT LEADERSHIP
03:52:21 ROLE IN AFFORDABLE HOUSING AND WE ALSO HAVE MANY
03:52:25 ACCOMPLISHMENTS IN THE PAST THAT WE CAN CELEBRATE BUT AT
03:52:29 THE SAME TIME PERSISTENT HOUSING INSECURITY.
03:52:32 WE CONTINUE TO PUSH OUT MANY OF OUR WORKING FAMILIES,
03:52:36 VULNERABLE COMMUNITIES AND OUR LOCAL WORKERS.
03:52:37 THE GOAL OF THIS HEARING WAS TO CREATE SPACE FOR OUT FOR
03:52:40 DISCUSSION OF WHAT ADDITIONAL STEPS ARE NEEDED TO BUILD
03:52:45 COORDINATED STRATEGY TO FULLY FUND OUR AFFORDABLE HOUSING
03:52:49 GOAL. >> SUPERVISOR MALKA HAS WORKED
03:52:53 ON LEGISLATION TO EXPAND AFFORDABLE HOUSING TRUST FUND
03:52:56 AGAIN. THANK YOU CHAIR MALKA I HAVE
03:52:59 WORKED ON LEGISLATION TO EXPAND OUR TOOLBOX SUCH AS THE
03:53:03 MUNICIPAL FINANCIAL CORPORATION AND PUBLIC BANK.
03:53:04 I ALSO WANT TO THANK SUPERVISOR MAHMOOD FOR YOUR SUPPORT ON
03:53:08 THAT TO THIS KIND OF MEASURES WILL LIKELY GO BEFORE THE BOARD
03:53:15 AND HOPEFULLY THE VOTER TO APPROVE THEM.
03:53:16 >> THERE'S STILL MORE WORK TO BE DONE TO DEVELOP NEW
03:53:19 STRATEGIES SIGNIFICANTLY SCALE UP OUR INVESTMENT AND FILL
03:53:23 IN THE GAPS WHERE OUR AFFORDABLE HOUSING PROGRAMS DO
03:53:26 NOT RICH PARTICULAR COMMUNITIES .
03:53:30 THE GOOD NEWS IS THAT MANY OF THE FINANCING STRATEGIES IN THE
03:53:35 BOE REPORT HAVE BEEN TRIED AND IMPLEMENTED IN OTHER
03:53:38 JURISDICTION AND SO THAT IS A TRACK RECORD THAT WE CAN BUILD
03:53:41 OFF OF. >> I LOOK FORWARD TO WORKING
03:53:43 WITH STAKEHOLDERS, MY COLLEAGUES AND THE MAYOR AND
03:53:46 OUR DEPARTMENTS TO CONTINUE TO EXPLORE BOTH THE NEW FUNDING
03:53:50 STREAMS AND NEW TOOLS FOR CREATING AFFORDABLE HOUSING
03:53:54 THAT ARE ALIGNED IT AND NOT BE A REPORT.
03:53:57 I ALSO CONTINUE TO WANT TO THANK AGAIN OUR COMMUNITY
03:53:59 ORGANIZATION THAT PROVIDED TESTIMONY TODAY THIS COMMUNITY
03:54:03 ORGANIZATION I MAKE UP OF EVERYDAY WORKING PEOPLE FROM
03:54:06 MISSION TO CHINATOWN TO SOMA TO THE EXCELSIOR TO THE BAYVIEW
03:54:13 AND ALSO TO THE WEST SIDE. THIS COMMUNITIES ARE THE
03:54:17 BEARING OF THE BOND OF THE AFFORDABILITY CRISIS.
03:54:20 I KNOW THAT YOU ALL ARE WORKING HARD TO ADVOCATE FOR A CITY
03:54:24 THAT IS AFFORDABLE INCLUDES ALL OF US AND LEAVES NO ONE BEHIND
03:54:29 AND WE OWE YOU A DEBT OF GRATITUDE FOR ALL THE WHAT ARE
03:54:32 YOU DOING? AND I ALSO WANT TO AGAIN
03:54:36 EXPRESS MY GRATITUDE TO THE B A FOR THIS EXCELLENT REPORT AND I
03:54:39 APPRECIATE THE PLANNING DEPARTMENT AND MOST ED FOR YOUR
03:54:43 PARTNERSHIP AND LEADERSHIP IN THIS AS WELL.
03:54:46 IF THERE'S NO FURTHER COMMENT FROM MY COLLEAGUES AND I WOULD
03:54:50 REALLY LIKE TO MAKE A MOTION TO HAVE THIS COMMITTEE HEARING BE
03:54:53 HEARD AND FILE A MOTION OFFERED BY THE VICE CHAIR THAT THIS
03:54:58 HEARING BE HEARD AND FILED ON THAT MOTION.
03:55:01 VICE CHAIR CHEN CHEN I'M MAHMOOD MAHMOOD I CHAIR MELGAR
03:55:05 MALKA I MADAM CHAIR THERE ARE THREE EYES YOU OKAY?
03:55:08 LET'S GO TO ITEM NUMBER FIVE PLEASE MOVE GENDA ITEM NUMBER
03:55:16 FIVE IS AN ORDINANCE AMENDING THE PLANNING CODE TO MAKE A
03:55:17 LANDMARK DESIGNATION AMENDMENT FOR THE SITE OF COMPTON'S
03:55:21 CAFETERIA. RIGHT.
03:55:22 LOCATED AT ONE A 1 TO 121 TAYLOR STREET.
03:55:26 >> OKAY. AS I SAID, WE HAVE A REQUEST TO
03:55:30 CONTINUE THIS TO THE CALL OF THE CHAIR AT DID YOU WANT TO
03:55:35 SAY PROVIDE ANY FURTHER COMMENTS A SUPERVISOR MAHMUD
03:55:39 NO. OKAY SO WITH THAT LET'S GO TO
03:55:42 PUBLIC COMMENT ON THIS ITEM PLEASE MR. CLERK.
03:55:44 >> LAND USE AND TRANSPORTATION NOW HEAR PUBLIC COMMENT NUMBER
03:55:48 FIVE IF YOU HAVE PUBLIC COMMENT FOR THIS ITEM PLEASE COME
03:55:50 FORWARD TO THE LECTERN AT THIS TIME.
03:55:52 >> AND MADAM CHAIR, TO PRESERVE THE SPEAKER'S PUBLIC COMMENT ON
03:55:56 THIS ITEM IS NOW CLOSED. I'D LIKE TO MAKE A MOTION THAT
03:55:57 WE CONTINUE THIS ITEM TO THE CALL OF THE CHAIR ON THE MOTION
03:56:03 OFFERED BY THE CHAIR THAT THIS ORDINANCE BE CONTINUED TO THE
03:56:06 CALL THE CHAIR VICE CHAIR CHIN CHIN I MEMBER MAHMOOD MAHMOOD I
03:56:11 CHAIR MELGAR I MELGAR I MEAN I'M SURE THERE ARE THREE EYES
03:56:15 THANK YOU THAT MOTION PASSES PLEASE CALL OUR LAST ITEM
03:56:18 NUMBER SIX AGENDA ITEM NUMBER SIX IS AN ORDINANCE AMENDING
03:56:22 THE HEALTH CODE RELATED TO SMOKE FREE PLACES.
03:56:25 >> THANK YOU SO MUCH MR. CLERK. AS I SAID, I AM THE SPONSOR OF
03:56:30 THIS LEGISLATION AND IT IS CLEAR THAT WE NEED TO DO A
03:56:33 LITTLE MORE WORK. I SEE AT SEVERAL OF THE
03:56:37 ADVOCATES HERE ON BOTH SIDES OF THIS ISSUE AND I HAVE ACCEPTED
03:56:41 THE RECOMMENDATIONS FROM A COUPLE OF MY COLLEAGUES AND THE
03:56:45 MAYOR TO HELP WITH PERHAPS SOME AMENDMENTS AND SOME PROCESS
03:56:49 ISSUES. AND SO I'M GOING TO CONTINUE
03:56:53 THIS I'M GOING TO MAKE A MOTION AFTER PUBLIC COMMENT TO
03:56:57 CONTINUE THIS TO THE CALL OF THE CHAIR SO THAT WE CAN KEEP
03:57:00 WORKING TOGETHER AND HOPEFULLY MAKE SOME PROGRESS.
03:57:03 AND WITH THAT LET'S GO TO PUBLIC COMMENT ON THIS ITEM
03:57:05 PLEASE. MR. CLERK THANK YOU, MADAM
03:57:07 CHAIR. >> LAND USE AND TRANSPORTATION
03:57:08 WILL NOW HEAR PUBLIC COMMENT RELATED TO AGENDA ITEM NUMBER
03:57:11 SIX IF YOU HAVE PUBLIC COMMENT FOR THIS ITEM PLEASE COME
03:57:12 FORWARD TO THE LECTERN AT THIS TIME AND I'LL START YOUR TIME
03:57:15 WITH YOU. >> THERE.
03:57:26 >> GOOD EVENING SUPERVISORS. MY NAME IS BOB GORDON SPEAKING
03:57:30 AS A GAY MAN, A VOLUNTEER WITH AMERICAN CANCER SOCIETY CANCER
03:57:34 ACTION NETWORK AND ALSO A RESIDENT OF DISTRICT EIGHT
03:57:37 IN THE CASTRO. URGING YOU TO SUPPORT THIS
03:57:41 CLEAN AIR ORDINANCE. SO I MOVED TO SAN FRANCISCO
03:57:44 IN 1993 AND IN 1993 RESTAURANTS WERE STILL FULL OF SMOKE.
03:57:51 >> BUT I REMEMBER IT WASN'T LONG BEFORE ALL RESTAURANTS HAD
03:57:53 TO CLEAN UP THEIR AIR. AND I REMEMBER IT WELL SOME
03:57:56 RESTAURANT OWNERS PANICKED SAYING THAT CLEAN AIR WOULD
03:57:59 SOMEHOW PUT THEM OUT OF BUSINESS.
03:58:00 BUT IT DIDN'T HAPPEN. AND THEN IN 1998 SMOKY BARS HAD
03:58:06 TO CLEAN UP THEIR AIR AGAIN. QUITE A FEW BAR OWNERS PANICKED
03:58:10 AT THAT THOUGHT SAYING THAT CLEAN AIR WOULD SOMEHOW PUT
03:58:14 THEM OUT OF BUSINESS OR HARM THEIR BUSINESSES AGAIN DID NOT
03:58:18 HAPPEN AND TODAY UNDERSTANDABLY WE HEAR SOME BAR OWNERS
03:58:22 PANICKING SAYING THAT CLEAN AIR IN THEIR PATIOS WOULD SOMEHOW
03:58:29 EITHER PUT THEM OUT OF BUSINESS OR HAVE A SEVERE IMPACT ON THE
03:58:33 NIGHTLIFE INDUSTRY. IT'S ACTUALLY THE OPPOSITE
03:58:36 AND WE KNOW THIS FROM DECADES OF SMOKE FREE RESTAURANTS
03:58:40 AND BARS. CLEAN AIR ACTUALLY ATTRACTS
03:58:41 MORE BUSINESS. A POLICY LIKE THIS ONE CREATES
03:58:44 A LEVEL PLAYING FIELD NO MORE DISCRIMINATION FROM ONE BAR
03:58:48 PATIO TO ANOTHER ENCLOSED BAR FOR EXAMPLE SMOKE FREE BAR
03:58:52 PATIOS MEAN THAT EVERYONE CAN ENJOY THE VIBE, THE MUSIC,
03:58:59 THEIR FRIENDS AND IF SOMEONE WANTS TO SMOKE THEY HEAD TO THE
03:59:03 CURB TO SMOKE EAGER TO COME BACK TO ENJOY THE VIBE, THE
03:59:04 MUSIC AND THEIR FRIENDS. HARMFUL CHEMICALS HAVE NO PLACE
03:59:08 IN OUR CITY. DISCRIMINATION HAS NO PLACE
03:59:11 IN OUR CITY. THERE'S NO LONGER BE TOXIC
03:59:15 EXPOSURE ON PATIOS PERIOD. CLEAN AIR CAN BE GOOD FOR
03:59:19 BUSINESS. >> THANK YOU.
03:59:19 THANK YOU FOR YOUR COMMENTS. >> NEXT SPEAKER PLEASE.
03:59:25 >> BRIAN DAVIS VOLUNTEER CO-CHAIR OF THE SAN FRANCISCO
03:59:30 TOBACCO FREE COALITION, RETIRED PROJECT DIRECTOR OF LGBTQ
03:59:33 MINORS TOBACCO AND DISTRICT FIVE VOTER.
03:59:34 I'D LIKE TO EXPRESS MY DEEP APPRECIATION TO SUPERVISOR
03:59:37 MELGAR FOR SPONSORING THIS IMPORTANT PUBLIC HEALTH
03:59:41 ORDINANCE AND TO SUPERVISOR SAUTER FOR HIS CO-SPONSORSHIP.
03:59:45 I UNDERSTAND THAT THE ORDINANCE WILL BE CONTINUED TODAY BUT WE
03:59:47 APPRECIATE SUPERVISOR MITCHELL GA'S COMMITMENT TO BRINGING IT
03:59:51 BACK IN THE FUTURE. DESPITE THE THREATS OF PHYSICAL
03:59:54 VIOLENCE AND MANY DIFFICULT CONVERSATIONS SHE HAS HAD TO
03:59:57 NAVIGATE DUE TO HER COMMITMENT TO CREATING A SAN FRANCISCO
03:59:59 THAT IS AS HEALTHY AS IT CAN BE FOR THE MAXIMUM NUMBER OF
04:00:02 PEOPLE. IF EFFORTS TO FIND COMMON
04:00:05 GROUND TAKE PLACE, WE HOPE THAT THAT COMMON GROUND WILL BE
04:00:07 BUILT UPON AN EXPLORATION OF THE ACTUAL EVIDENCE RATHER THAN
04:00:09 BE DOMINATED BY FEARS OF HARMS TO BUSINESSES WHICH DO NOT
04:00:14 OCCUR IN OTHER CITIES AND THEREFORE CAN REASONABLY BE
04:00:17 EXPECTED NOT TO OCCUR HERE. WHEN SAN FRANCISCO DOES
04:00:20 EVENTUALLY REQUIRE OUR PATIOS TO BE SMOKE FREE, THE MEDIA HAS
04:00:24 NOT HELPED AS THEY HAVE MISREPRESENTED THIS ISSUE BY
04:00:26 BUILDING THEIR NARRATIVE ON THE FALSE PREMISE THAT PUBLIC
04:00:29 HEALTH AND BARS CANNOT BOTH BE WINNERS.
04:00:32 THE MEDIA LOVES CONFLICT BARS VERSUS PUBLIC HEALTH AS THE
04:00:36 DEFAULT SETTING. WE ASK THE MEDIA AND EVERYONE
04:00:37 ELSE WHO HAS BOUGHT INTO THAT FALSE PREMISE TO LOOK AT THE
04:00:41 ACTUAL EVIDENCE. THERE IS DECADES OF RESEARCH
04:00:44 SHOWING THAT BARS ARE NOT HARMED AND OFTEN BENEFIT FROM
04:00:48 SMOKE FREE LAWS. OVER 400 CITIES AND COUNTIES
04:00:51 NATIONWIDE HAVE SMOKEFREE BAR PATIO LAWS INCLUDING NEW YORK
04:00:54 CITY, SAN JOSE AND OAKLAND. THE PATIO BARS ARE STILL THERE
04:00:57 . YOU HAVE RECEIVED LETTERS FROM
04:00:58 THE ALAMEDA AND SANTA CLARA COUNTY TOBACCO FREE COALITIONS
04:01:01 THIS WEEK SHARING LOCAL INFORMATION SMOKE FREE BAR
04:01:05 PATIOS WILL BE A WIN FOR EVERYONE.
04:01:06 THE AIR ON THE PATIOS WILL BE HEALTHY.
04:01:09 PEOPLE WHO CURRENTLY SMOKE WILL BE MOTIVATED TO QUIT AND BARS
04:01:12 WILL GAIN NEW CUSTOMERS MAKING MORE MONEY OR BREAKING EVEN AT
04:01:16 WORST. >> THANK YOU.
04:01:17 THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
04:01:22 >> GOOD EVENING SUPERVISORS. I'M LIZ WILLIAMS WITH AMERICANS
04:01:27 FOR NONSMOKERS RIGHTS FOR A PERIOD BASED ON PROFIT.
04:01:30 >> AND THANK YOU SUPERVISOR MELGAR FOR SPONSORING THIS
04:01:32 PROPOSAL. WE REALLY APPRECIATE YOU
04:01:34 CHAMPIONING THIS CHANGE TO HELP PEOPLE BREATHE AIR THAT IS FREE
04:01:38 FROM THE HEALTH RISKS OF SECONDHAND SMOKE EXPOSURE
04:01:39 AND WE APPRECIATE THE CONTINUATION.
04:01:42 >> SAN FRANCISCO WILL BE IN GOOD COMPANY WHEN THE CITY
04:01:46 IS READY BY EXPANDING ITS SMOKE FREE WORKPLACE PROTECTIONS.
04:01:47 THIS IS A PROVEN POLICY CHANGE. IT'S NOT A NEW OR UNTESTED IDEA
04:01:53 . SAN JOSE ADOPTED THIS LAW
04:01:54 NEARLY 15 YEARS AGO AND OAKLAND DID SO LAST YEAR AND THESE
04:01:58 STATES CITIES STILL HAVE A THRIVING BAR SCENE.
04:02:01 WE KNOW THAT THESE LAWS WORK WELL IN PRACTICE AND CITIES
04:02:03 HAVE NOT ROLLED BACK THEIR LAWS AND THE MAJORITY OF PEOPLE
04:02:06 SIMPLY FOLLOW THE LAW WHEN THERE IS GOOD SIGNAGE
04:02:09 AND AWARENESS THEY STEP OUT TO THE CURB.
04:02:10 THEY HAVE A SMOKE THAT COME BACK INSIDE AND THIS IS WHAT
04:02:13 PEOPLE ALREADY DO AT MOST BARS IN THE CITY IS THAT DON'T HAVE
04:02:17 A BAR PATTY AND DON'T HAVE A PATIO OUT BACK.
04:02:18 THEY SIMPLY STEP OUTSIDE AND IT'S NOT CREATING PROBLEMS.
04:02:20 WE KNOW THAT BACK WHEN BARS ARE GOING SMOKE FREE INDOORS THE
04:02:24 90S THERE WERE WORRIED THAT THIS WAS GOING TO PUT THEM OUT
04:02:28 OF BUSINESS HAVING TO GO SMOKE FREE BUT THESE LAWS ENDED UP
04:02:29 WORKING WELL BECAUSE WE FOCUSED ON EDUCATION AND SUPPORTING
04:02:32 FOLKS IN EVERYONE ADJUSTED AND AT AN R WE'RE A WORKER
04:02:36 HEALTH ORGANIZATION. WE HEAR FROM WORKERS LIKE
04:02:39 BARTENDERS AND MUSICIANS WHO DON'T LIKE BREATHING SECONDHAND
04:02:40 SMOKE BUT THEY FEEL LIKE THEY DON'T HAVE A CHOICE IF THEY
04:02:44 WANT TO KEEP THEIR JOB THEY JUST DON'T FEEL COMFORTABLE
04:02:46 SPEAKING UP. AND NONSMOKERS ARE OFTEN CALLED
04:02:47 A SILENT MAJORITY AND THAT IS ESPECIALLY TRUE FOR WORKERS WHO
04:02:51 DON'T WANT TO RISK THEIR JOB BY SPEAKING UP.
04:02:52 SO WE WILL CONTINUE TO BE HERE PROVIDING SUPPORT WHEN THE CITY
04:02:55 IS READY TO MOVE FORWARD BECAUSE ENSURING PEOPLE CAN
04:02:58 BREATHE CLEAN AIR ON THE JOB IS THE RIGHT THING TO DO FOR SAN
04:03:00 FRANCISCO. >> THANK YOU.
04:03:01 >> THANK YOU FOR YOUR COMMENTS. NEXT SPEAKER PLEASE.
04:03:05 >> GOOD EVENING SUPERVISORS. MY NAME IS ALEX MARIN KOF I'M A
04:03:07 BERKELEY RESIDENT AND I'M HERE IN STRONG SUPPORT OF THE SMOKE
04:03:10 FREE BAR PATIO ORDINANCE. THANK YOU SUPERVISOR MELKER FOR
04:03:14 SPONSORING THIS ORDINANCE AND SUPERVISOR SOUDER FOR
04:03:17 CO-SPONSORING IT. SUPERVISOR MILLER I REALLY
04:03:20 APPRECIATE YOU RECOGNIZING THAT SMOKE FREE BAR PATIOS ARE NOT
04:03:22 JUST A LIFESTYLE PREFERENCE AND FOR PEOPLE LIKE ME WITH A
04:03:25 DISABILITY WHO HAVE ASTHMA THIS IS AN ACCESSIBILITY ISSUE.
04:03:29 I UNDERSTAND THIS FIGHT AND MAY BE CONTINUE TODAY BUT RATHER
04:03:32 THAN VOTED ON BUT I HOPE IT COMES BACK BECAUSE SAN
04:03:35 FRANCISCO'S NIGHTLIFE SHOULD BE OPEN AND WELCOMING TO AS MANY
04:03:39 PEOPLE AS POSSIBLE. I LOVE SAN FRANCISCO'S GAY BARS
04:03:43 AND I LOVE THAT PEOPLE CAN GATHER, WATCH EUROVISION DANCE,
04:03:44 FLIRT, DECOMPRESS AND FEEL LIKE THEY BELONG SOMEWHERE.
04:03:48 BUT WHEN SMOKING IS ALLOWED ON PATIOS THAT BELONG IT BECOMES
04:03:51 CONDITIONAL. >> REPEATEDLY I'VE HAD TO TELL
04:03:56 FRIENDS THAT I WANT TO GO TO THE BACK PATIO AT PLATO'S HALL
04:04:00 AND I'VE HAD TO TELL MY BOYFRIEND I'LL JUST STAY INSIDE
04:04:03 ON THE DANCE FLOOR BECAUSE THE SMOKING ON THE PATIO IS SO
04:04:06 HEAVY THAT IT'S NOT REALLY A REAL CHOICE TO GO OUT THERE
04:04:08 AND IT MEANS EITHER EXPOSING MYSELF TO SMOKE AND LEADING
04:04:11 WITH COUGHING HEADACHES AND BREATHING PROBLEMS OR
04:04:14 ISOLATING FROM MY FRIENDS. ONE TIME A FRIEND WAS MOVING
04:04:17 AWAY FROM SAN FRANCISCO AND THE LAST CHANCE TO SPEND TIME WITH
04:04:20 THEM WAS RUINED BECAUSE WE COULD NOT COMFORTABLY STAY
04:04:21 IN THE PATIO SPACE DUE TO SMOKING.
04:04:24 EVEN AT PLACES I CARE ABOUT LIKE MIDNIGHT SUN OR NOISY
04:04:27 VALLEY TAVERN SMOKE CAN TURN A WELCOMING ENVIRONMENT INTO A
04:04:32 PHYSICALLY DIFFICULT ONE. I UNDERSTAND THAT BARS ARE
04:04:33 STRUGGLING AND I DO NOT WANT BELOVED BARS TO CLOSE.
04:04:36 I WANT THEM TO BE MORE ACCESSIBLE.
04:04:40 A BAR PATIO IS STILL A SHARED SPACE IN A WORKSPACE.
04:04:41 WORKERS, PATRONS AND PEOPLE WITH ASTHMA DISABLED PEOPLE
04:04:45 AND SMOKE SENSITIVE PEOPLE SHOULD NOT BE ASKED TO ABSORB
04:04:48 THE HEALTH COSTS OF KEEPING PATIOS OPEN TO SMOKERS.
04:04:51 THANK YOU AGAIN SUPERVISOR MILLER FOR TAKING THIS ON
04:04:55 ESPECIALLY IN THE FACE OF DIFFICULT CONVERSATIONS.
04:04:59 >> HOSTILITY AROUND THIS ISSUE. PLEASE KEEP WORKING TO BRING
04:05:00 THIS BACK. SAN FRANCISCO SHOULD NOT BE
04:05:03 BEHIND ON PROTECTING WORKERS, PATRONS AND DISABLED PEOPLE.
04:05:07 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
04:05:08 NEXT SPEAKER PLEASE. I GENERAL AGAIN WANT TO SAY
04:05:12 THANK YOU FOR CONTINUING THIS TO WORK WITH THE BUSINESS
04:05:15 OWNERS AND OTHER PEOPLE. I THINK IT'S GOOD THAT WE'RE
04:05:19 GOING TO TRY AND COME TO SOME SORT OF CONCLUSION.
04:05:20 IT'S BEEN A OR A COMPROMISE. IT'S BEEN A TALKING TO
04:05:23 BUSINESS OWNERS WHO FEEL LIKE THEY'RE GOING TO BE REALLY
04:05:27 IMPACTED BY THIS AND THEIR WORKERS ALSO.
04:05:30 I DON'T THINK ANYONE WANTS ANYONE TO BE UNSAFE OR FEEL
04:05:32 UNWELCOME ANYWHERE. SO I'M GLAD THERE'S GOING TO BE
04:05:35 MORE TIME TO GO THROUGH THIS. BUT I THINK JUST THE ADDITIONAL
04:05:39 BURDEN ON THE SMALL BUSINESSES DON'T TELL MY SOCIALIST
04:05:42 COMRADES THAT I'M TALKING ABOUT SMALL BUSINESS OWNERS BUT THAT
04:05:45 I DO FEEL LIKE THEY HAVE TO DEAL WITH A LOT OUTSIDE OF JUST
04:05:47 LIKE RUNNING A BUSINESS AND THE UPS AND DOWNS OF THE ECONOMY
04:05:51 BUT ALL THE ADDITIONAL THINGS THAT COME WITH HAVING A
04:05:53 BUSINESS IN SAN FRANCISCO WHEN THERE'S OTHER THINGS NOT BEING
04:05:55 MET. ADDING THIS ON WITHOUT TALKING
04:05:58 TO THEM I THINK WAS A LITTLE HARD FOR THEM TO HANDLE BUT I'M
04:06:02 GLAD THAT TO BE CONTINUED TO WORK THROUGH AND JUST THANK YOU
04:06:05 FOR TAKING EVERYONE'S FEEDBACK. >> APPRECIATE IT.
04:06:08 >> THANK YOU FOR YOUR COMMENTS. THE NEXT SPEAKER PLEASE.
04:06:11 >> THANK YOU. SMALL BUSINESS FORWARD KRISTEN
04:06:13 EVANS. SO I JUST WANT TO THINK THANK
04:06:16 YOU FOR CONTINUING THIS TO THE CALL OF CHAIR SMALL BUSINESS
04:06:20 FORWARD THE COUNCIL OF DISTRICT MERCHANTS ASSOCIATION, THE
04:06:24 SMALL BUSINESS COMMISSION ALL IN OPPOSITION AS CURRENTLY
04:06:28 PRESENTED THE LEGISLATION IMPACTS BUSINESSES THAT HAVE
04:06:32 SMOKING PATIOS AS WELL AS THOSE THAT HAVE NONSMOKING PATIOS.
04:06:36 SO YOU HAVE IN LIKE CAVALLI FINNEGANS WAKE SMOKING PATIO
04:06:40 ACROSS THE STREET WOODS NONSMOKING PATIO BOTH WOULD
04:06:43 BEAR THE BURDEN OF ENFORCEMENT .
04:06:47 >> AND SPECIFICALLY AS WE HEARD AT THE PRIOR HEARING EMPLOYEES
04:06:51 TALKING ABOUT HOW THAT WOULD FALL UPON THEM TO ENFORCE
04:06:54 IMPACTING THEIR ABILITY TO INTERACT SUCCESSFULLY WITH
04:06:58 THEIR CUSTOMERS. SO I DO THINK THAT WORKING MORE
04:07:01 COLLABORATIVELY WITH THE SMALL BUSINESSES THAT ARE IMPACTED I
04:07:05 DON'T THINK WE EVER CAME UP WITH THE TOTAL NUMBER OF
04:07:07 BUSINESSES THAT WERE GOING TO BE IMPACTED.
04:07:10 >> SO WE DIDN'T HAVE AN ACTUAL LIST OF THE BARS THAT WERE
04:07:12 IMPACTED TO WORK FROM TO REALLY KIND OF SIT DOWN AND PUT
04:07:15 TOGETHER SOME IDEAS. AS I SAID, MY PRIOR COMMENT
04:07:21 BARS HAVE BEEN AT THE FOREFRONT OF ADDRESSING PUBLIC HEALTH
04:07:23 ISSUES IN MANY, MANY WAYS. WE VERY MUCH CARE ABOUT OUR
04:07:26 PATRONS AND CARE ABOUT OUR EMPLOYEES AND OUR OPPOSITION TO
04:07:30 THIS LEGISLATION IS PRIMARILY IN RELATIONSHIP TO THE HOW THE
04:07:33 LEGISLATION WAS BROUGHT FORWARD NOT IN COLLABORATION.
04:07:37 WE WOULD LIKE TO SEE PARTNERSHIP GOING FORWARD.
04:07:42 >> THANK YOU. THANK YOU FOR YOUR COMMENTS.
04:07:43 DO WE HAVE ANY FURTHER SPEAKERS FOR AGENDA ITEM NUMBER SIX?
04:07:48 >> OKAY. PUBLIC COMMENT ON THIS ITEM IS
04:07:51 NOW CLOSED. I WOULD LIKE TO MAKE A MOTION
04:07:53 THAT WE CONTINUE THIS ITEM TO THE CALL OF THE CHAIR ON THE
04:07:56 MOTION OFFERED BY THE CHAIR THAT THIS ORDINANCE BE
04:07:59 CONTINUED TO THE CALL THE CHAIR VICE CHAIR CHIN CHIN I MEMBER
04:08:01 MARCHMAN MAHMOOD I CHAIR MELGAR I MELGAR I MADAM CHAIR THERE
04:08:06 ARE THREE EYES. THAT MOTION PASSES MR. CLERK DO
04:08:14 WE HAVE ANY OTHER ITEMS ON OUR AGENDA?
04:08:15 >> THERE IS NO FURTHER BUSINESS.
04:08:16 WE ARE ADJOURNED