This resolution allows the Mayor’s Office of Housing and Community Development to acquire a parcel of land at 1979 Mission Street for the development of 100% affordable housing, which will include between 200 and 338 dwelling units. It also authorizes the Director of Property to manage the necessary agreements and modifications related to this acquisition.
Resolution approving and authorizing an agreement for the conveyance and acceptance by the Director of Property, on behalf of the Mayor’s Office of Housing and Community Development (“MOHCD”) and CH Acquisitions 2, LLC, of a parcel of real estate consisting of approximately 57,325 square feet in land area, located at 1979 Mission Street (“Property”), pursuant to a land dedication permitted under Planning Code, Section 249.33, to satisfy affordable housing obligations under Planning Code, Sections 415 et seq.; placing the Property under the jurisdiction of MOHCD for future 100% affordable housing development consisting of approximately 200-338 dwelling units; adopting findings that the conveyance is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of this Resolution, as defined herein, including assuming certain leases.
How it got here
This legislation originated from the need to satisfy affordable housing obligations through a land dedication at 1979 Mission Street.
The Planning Department confirmed that the property at 1979 Mission Street could accommodate up to 338 dwelling units to satisfy affordable housing obligations under Planning Code Section 415 et seq.
The Planning Department found that the acquisition of the property is consistent with the General Plan and the eight priority policies of Planning Code, Section 101.1.
The Budget and Finance Committee recommended the resolution as amended, which authorized the conveyance of the property for affordable housing development.
The Board of Supervisors adopted the resolution approving the conveyance of the property to the City for future 100% affordable housing development.
Reconstructed from attached documents & the official record