This resolution approves an amendment to a financial agreement that allows San Francisco to use tax revenue to fund public improvements and affordable housing at the Candlestick Point and Hunters Point Shipyard redevelopment sites. It also confirms that the agreement meets environmental standards and aligns with the city's General Plan and planning policies.
Resolution approving an amendment to the Tax Increment Allocation Pledge Agreement between the City and County of San Francisco and the Office of Community Investment and Infrastructure for the pledge of net available tax increment to finance public improvements and affordable housing in furtherance of the Candlestick Point and Phase 2 of the Hunters Point Shipyard Redevelopment Project; adopting findings under the California Environmental Quality Act; and adopting findings that the agreement is consistent with the General Plan, and eight priority policies of Planning Code, Section 101.1.
How it got here
The legislation originated from the need to amend the Tax Increment Allocation Pledge Agreement to facilitate the development of the Candlestick Point and Phase 2 of the Hunters Point Shipyard Redevelopment Project in response to delays and changes in project scope.
The Board approved Resolution No. 264-07, endorsing a conceptual framework for the integrated development of Phase 2 of the Hunters Point Shipyard and the Candlestick Point subarea.
Voters passed Proposition G, which adopted policies for the revitalization of the Project Site and authorized the conveyance of City land for the project.
The Board approved amendments to the Bayview Hunters Point Project and the Hunters Point Shipyard Redevelopment Plan to facilitate the Candlestick Point-Hunters Point Shipyard Phase 2 Project.
The Commission adopted Resolution No. 25-2024, approving amendments to the BVHP Plan and HPS Plan to facilitate the development of the CP-HPS2 Project.
The Commission adopted findings pursuant to CEQA for the amendments to the redevelopment plans.
The Governor signed SB 143, which amended the California Health and Safety Code to allow for the extension of time limits related to redevelopment projects.
The Board adopted the resolution approving the amendment to the Tax Increment Allocation Pledge Agreement.
Reconstructed from attached documents & the official record
The motion schedules a public hearing for the Board of Supervisors to discuss proposed amendments to redevelopment plans in the Bayview Hunters Point and Hunters Point Shipyard areas, as well as a tax agreement related to the Candlestick Point project. This hearing will take place on October 22, 2024, at 3:00 p.m.
This legislation involves a public hearing to discuss proposed amendments to redevelopment plans for specific areas in San Francisco, including Bayview Hunters Point and Hunters Point Shipyard. It also addresses changes to a financial agreement related to the Candlestick Point and Hunters Point Shipyard Project.
This ordinance allows for the transfer of up to 2,050,000 square feet of research and development and office space from the Hunters Point Shipyard Phase 2 area to another redevelopment zone, while also extending the time limits for the Hunters Point Shipyard redevelopment plan. It includes necessary environmental and planning findings to ensure compliance with state and city regulations.
This ordinance allows the transfer of up to 2,050,000 square feet of research and development and office space from the Hunters Point Shipyard area to the Bayview Hunters Point Redevelopment Project Area and extends the time limits for redevelopment in that zone. It also includes necessary environmental and planning findings to support these changes.
This motion adopts findings addressing written objections to amendments made to the Bayview Hunters Point and Hunters Point Shipyard Redevelopment Plans. It follows the legal requirements set by California's Community Redevelopment Law.
This resolution approves the budget for the Office of Community Investment and Infrastructure for fiscal years 2025-2026 and allows the agency to issue bonds up to $223 million to finance its obligations. It aims to support community development projects in San Francisco.
A formal position or approval by the Board: Approve the Fiscal Year (FY) 2026-2027 Budget of the Office of Community Investment and Infrastructure operating as the Successor Agency to the Redevelopment Agency of the City and County of San Francisco ("OCII" or "Successor Agency").
This ordinance allows for the transfer of up to 2,050,000 square feet of research and development and office space from the Hunters Point Shipyard Phase 2 area to another redevelopment zone, while also extending the time limits for the Hunters Point Shipyard redevelopment plan. It includes necessary environmental and planning findings to ensure compliance with state and city regulations.
This ordinance allows the transfer of up to 2,050,000 square feet of research and development and office space from the Hunters Point Shipyard area to the Bayview Hunters Point Redevelopment Project Area and extends the time limits for redevelopment in that zone. It also includes necessary environmental and planning findings to support these changes.
This motion adopts findings addressing written objections to amendments made to the Bayview Hunters Point and Hunters Point Shipyard Redevelopment Plans. It follows the legal requirements set by California's Community Redevelopment Law.
This legislation involves a public hearing to discuss proposed amendments to redevelopment plans for specific areas in San Francisco, including Bayview Hunters Point and Hunters Point Shipyard. It also addresses changes to a financial agreement related to the Candlestick Point and Hunters Point Shipyard Project.
The motion schedules a public hearing for the Board of Supervisors to discuss proposed amendments to redevelopment plans in the Bayview Hunters Point and Hunters Point Shipyard areas, as well as a tax agreement related to the Candlestick Point project. This hearing will take place on October 22, 2024, at 3:00 p.m.
A formal position or approval by the Board: Approve the Fiscal Year (FY) 2026-2027 Budget of the Office of Community Investment and Infrastructure operating as the Successor Agency to the Redevelopment Agency of the City and County of San Francisco ("OCII" or "Successor Agency").
