We are already at 58. 8 . 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
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 amenities on all of those site
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 amenities on all of those site
We are already at 58. 8 . 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
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, 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. Tho