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Resolution#240704Passed
In plain English

The resolution approves a 75-year ground lease for city-owned property to Casa Adelante SVN Housing, L.P. to build a 168-unit affordable housing development for low-income households. It also confirms that the project aligns with city planning policies and allows for necessary actions to finalize the lease.

Resolution 1) approving and authorizing the Director of Property and Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to enter into a Ground Lease for real property owned by the City located at 1515 South Van Ness Avenue, 3251-3255 26th Street, and 1214 Shotwell Street (“Property”) with Casa Adelante SVN Housing, L.P. for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to construct a 168-unit (including one manager’s unit) multifamily rental housing development affordable to low-income households and including community-serving commercial space (the “Project”); 2) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 3) determining that the less than market rent payable under the Ground Lease will serve a public purpose by providing affordable housing for low-income households in need, in accordance with Administrative Code, Section 23.30; and 4) authorizing the Director of Property and the Director of MOHCD to execute the Ground Lease, and make certain modifications and take certain actions in furtherance of this Resolution, as defined herein.

Introduced: Jun 18, 2024
Final action: Aug 1, 2024
Official record ↗

How it got here

This legislation originated from the City's initiative to develop affordable housing on a property acquired for that purpose.

1
General Plan Referral CompletedJune 18, 2019
San Francisco Planning Department

The Planning Department completed a General Plan Referral for the acquisition of 1515 South Van Ness Avenue for a 100% affordable housing project, confirming its consistency with the General Plan.

PLN General Plan Ref 051624
2
Request for Qualifications IssuedNovember 30, 2020
Mayor's Office of Housing and Community Development (MOHCD)

MOHCD issued a Request for Qualifications to solicit developers for the affordable housing project on the property.

Leg Final
3
Project Approved Under AB 2162April 19, 2024
San Francisco Planning Department

The Planning Department approved the project for ministerial approval under AB 2162, confirming it met all standards of the Planning Code.

PLN Approval Ltr 041924
4
Property Declared Exempt Surplus LandJune 18, 2024
San Francisco Board of Supervisors

The Board declared the property as Exempt Surplus Land, affirming its use for 100% affordable housing.

Leg Final
5
Resolution AdoptedJuly 23, 2024
San Francisco Board of Supervisors

The Board adopted the resolution approving the Ground Lease with Casa Adelante SVN Housing, L.P. for the development of 168 affordable housing units.

Leg Final

Reconstructed from attached documents & the official record

Document trail
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PLN Approval Ltr 041924
SF Planning Department
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PLN General Plan Ref 051624
SF Planning Department
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BLA Rpt 071724
Budget and Legislative Analyst
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How they voted

RECOMMENDED
Budget and Finance Committee · Jul 17, 2024Pass
3-0

Legislative journey

PresidentJun 18, 2024
RECEIVED AND ASSIGNED
Budget and Finance CommitteeJul 17, 2024
RECOMMENDEDPass
Board of SupervisorsJul 23, 2024
ADOPTEDPass
MayorAug 1, 2024
APPROVED