Dont know i will talk with maria what could be agendized if something has to be done about that in november but i am certain we have to see how much because we have to have something to back that up. If we dont have something we can rely on the revenue stream in my mind to pass the budget we have to say okay if that doesnt happen heres some ideas about what we can do, but i dont know. Its going to be a big number in any event and going to be conceptual and i dont know that the project can be adjusted to that extent at this point. Okay. Call the next item. Next item. Item 13 is authorizing the executive director to amend the professional Services Agreement with Thompson Coburn for this. Motion and approval. Would you call the roll please. Director kim. Aye. Director lee. Yes. Director reiskin . Aye. Director. Aye. Next item is approve the minutes of the meeting. Motion and approval. Pick your choice guys. Take your choice. All right. No objections call the roll. Director kim. Aye. Direc
Good afternoon. Were going to get started. This is the meeting of the city and School District select committee, for thursday, september 24th. Im the chair and supervisor kim will be joining us shortly. She is in another meeting. So i want to acknowledge the clerk, who is covering todays meeting is Derrick Evans and i also want to let you know that sfgtv staff Charles Kremenak and jenn lowe are covering todays meeting and the recordings will be available to the public. So any announcements, mr. Evans . Thank you, mr. Chair. Please make sure to silence all cell phone and electronic devices. And that is the only announcement that we have today, mr. Chair. Thank you very much. Then can you please call item no. 1. Item no. 1 is we need toe to take roll call or anything . No, mr. Chair we have commissioners matt haney, sandra fewer and jill wynns and supervisor david campos joining us today. Thank you, mr. Chair. Item no. 1 is hearing regarding updates on the work of the Hamilton Family cen
Developing over the next 20 years theres a thousand of those units in the pipeline about 50 units a year in addition, we expect this is depending on how the developers build about one hundred 50 to two hundred in the inclusionary pipeline. So are you sure. Yes. I know that mr. Lee and i have discussed this during the last budget season in june or july had dialog is it 2 hundred units a year its inclusionary plus ocii . Or is that no, thats just the inclusionary its about one hundred and 50 to two hundred per year. And how many from ocii. About 50. So its 2 hundred and 50 a year between inclusionary and ocii. Yeah. And how about the other pot from the affordable. You dont know i dont have a pipeline for them in front of me. For the next years inaudible . Okay. So total about 12 or 1250 units a year coming online . Is that and well, thats a thousand plus the 250 yeah. I mean, thats just im sure that seems incredibly low the magnitude of the crisis is so great to be bringing 2 hundred plu
Those are the units under my monitoring and they range up to one hundred and 20 percent ami but the limit is 65 percent ami. Say that slower. Its priced at 55 percent but the income limit is 60 percent so, you know, the household can go 5 percent more than the affordable limit. For this conversation for folks listening at home define ami. Area meaning income evaluated for the metropolitan area so for lets see for when we say its the income limit in a bmr is 60 percent medium income for a Single Person thats 4,000 plus a year. Thats their annual income. If im single and making 40 thousand thats the limit i fall within the 60 percent of ami. Right. And if you have is a two kids or one kid it gets higher its assisted if aura 3 person hold its 52 thousand plus per year. Where can we find this information. On our website and actually in every posting for an affordable unit we post that information as well but the full income limit chart is on our website it has its own sweet little place. S
By Developers Private developers as opposed to the one hundred percent of affordable units are constructed by the partners their constructed with little or no cost to the city and not directly induced subsidize we monitor those in 6 separate programs and as i said theres over one hundred and 40 units. How many are in the pipeline to be added to the 4 thousand . Well, if you include the units that the ocii are developing over the next 20 years theres a thousand of those units in the pipeline about 50 units a year in addition, we expect this is depending on how the developers build about one hundred 50 to two hundred in the inclusionary pipeline. So are you sure. Yes. I know that mr. Lee and i have discussed this during the last budget season in june or july had dialog is it 2 hundred units a year its inclusionary plus ocii . Or is that no, thats just the inclusionary its about one hundred and 50 to two hundred per year. And how many from ocii. About 50. So its 2 hundred and 50 a year be