In 2015, when we had our last housing bond, it was 310 million dollars. The amount has doubled, thats really exciting. We have also talked about putting Affordable Housing in the citys capital plans. We are really planning for Affordable Housing needs as part of our overall city needs and that we are accounting for that every 45 years. When we have expanded the bond proceeds that we are in q4 coming back for the voters to fund the Affordable Housing needs that we have two meet what our residents need. The bond will Fund Acquisition construction improvement, rehabilitation and preservation and repair of Affordable Housing. The bond funding will further our offices work in meeting the need for the population of people that we care about, including persons with disabilities. It would do so by providing the funding that we need to build out all of our new construction Affordable Housing. Those housing projects meet the needs of persons with disabilities through assessable common areas and
Councilmembers. My name is amy chan, im from the mayor office of housing and community development. Thank you so much for having me present on the Affordable Housing bond that will be going before the voters in november. Im going to go into a presentation that will describe why we need this bond is so badly and what the eligible uses of the funding will be and why we are so excited to have a go to the voters. So, we are incredibly excited to be put in board of supervisors in the mayor to be putting forward a 600 milliondollar general Obligation Bond to the voters in november. it is currently in the legislative process of the board of supervisors, pending two more votes. Once that is completed it will be on the ballot in november. This is really incredible given in 2015, when we had our last housing bond, it was 310 million dollars. The amount has doubled, thats really exciting. We have also talked about putting Affordable Housing in the citys capital plans. We are really planning for A
Of the funding will be and why we are so excited to have a go to the voters. So, we are incredibly excited to be put in board of supervisors in the mayor to be putting forward a 600 milliondollar general Obligation Bond to the voters in november. it is currently in the legislative process of the board of supervisors, pending two more votes. Once that is completed it will be on the ballot in november. This is really incredible given in 2015, when we had our last housing bond, it was 310 million dollars. The amount has doubled, thats really exciting. We have also talked about putting Affordable Housing in the citys capital plans. We are really planning for Affordable Housing needs as part of our overall city needs and that we are accounting for that every 45 years. When we have expanded the bond proceeds that we are in q4 coming back for the voters to fund the Affordable Housing needs that we have two meet what our residents need. The bond will Fund Acquisition construction improvement,
3. 7 are from minority owned firm and the majority percentage of women owned firm. The marketing and occupancy preference is, they start early, within 30 days after commencement of construction. Construction takes anywhere from 18 months up to two years area it starts early so we can get everyone aware of the opportunities that are out there for affordable. There is emphasis on certificate of preference holders. The developer will work with cac staff and finalize and approve the marketing on tenant selection plan for the bmr unit. I just wanted to let you know the chronology of how we went through the Community Process for block 52. We presented at the housing subcommittee and that it went to the full cas the in soon. The comments were very positive about the revised design and it was approved. Now we are here before you seeking approval. The last step, is we move forward on the Schematic Design, the next step is that the architect would work on Design Develop a nonconstruction the goa
The cac is, i believe, a vital entity, especially right now with the continued projects, the shipyard and Candlestick Point and i want to give a special thanks to all cac members that are here and that have supported my business and all of my employees throughout the years. At least vincent fakime is our site office manager. And we have Tashaun Jones and shes but but not so new but assisted us in the past with Public Relations operations here and there. So we thought it would be fitting to bring her aboard. Our other consultant who is also a certified 9412 sbe, they have a little bit Different Task in the sense they will both be working together with our outreach services. With that, were open to answer any questions may have. Not at this time, thank you. So with that, i would like to conclude were here to seek approval from the commission to execute this proposed site office, administrative support offices contract. Thank you. Thank you. Puso im going to call a very short recess becau