Youll notice theres a difference between the affordable units there are manager units that may not be income restricted but over 4 thousand units by 19 projects. And in the active pipeline there are over 18 hundred units were working on. This is an updated number from the spreadsheet but thats about 280 million on the occ ii. Some of the money is in the prongs. Thats total funding and many of those projects have been on the pipeline for awhile. We have a ways to go. We have what we call the fire chief pipeline weve not actively been working on primarily the shipyard and some in mission bay and transbay thats in the future number. In addition to those projects were directly funding we have a matter agreement such as the Hunters Point shipyard the d da has requirements for the market rate housing and a few projects that are finishing up so thats on the inclusionary pipeline spreadsheet and its on the 16 projects over a thousand units that collected thouns units and one thousand to go in
We want to be able to see who we are serving so this outlines oc ii will have the responsibility to the report similarly in the past we reported to the Housing Development on the affordability levels and the basic information the funding weve put into those projects and separately well do a report on Affordable Housing and thats an important obligation well track that on its oppose. Mow city has prepared a citywide report and that will include our data. Since theyre doing the day by day managing weve concluded theyll provide the report on the marketing outcomes for the projects as they finish. So what are our budgets around the mo u. Our assumptions that o ii will pay the staff for their costs those financial closings and marketing monitoring and certify of monitoring program. The current stimulates are 5 to 600 a year well have that broken down so youll understand that. And that moss mo cd is responsible forbid the sear so thats our different roles and responsibilities in the budget.
And mow spreadsheets. Reporting is key for both the commission and a public and others stakeholders to understand you know how are we meeting our enforceable obligations. We want to be able to see who we are serving so this outlines oc ii will have the responsibility to the report similarly in the past we reported to the Housing Development on the affordability levels and the basic information the funding weve put into those projects and separately well do a report on Affordable Housing and thats an important obligation well track that on its oppose. Mow city has prepared a citywide report and that will include our data. Since theyre doing the day by day managing weve concluded theyll provide the report on the marketing outcomes for the projects as they finish. So what are our budgets around the mo u. Our assumptions that o ii will pay the staff for their costs those financial closings and marketing monitoring and certify of monitoring program. The current stimulates are 5 to 600 a yea
The spreadsheet but thats about 280 million on the occ ii. Some of the money is in the prongs. Thats total funding and many of those projects have been on the pipeline for awhile. We have a ways to go. We have what we call the fire chief pipeline weve not actively been working on primarily the shipyard and some in mission bay and transbay thats in the future number. In addition to those projects were directly funding we have a matter agreement such as the Hunters Point shipyard the d da has requirements for the market rate housing and a few projects that are finishing up so thats on the inclusionary pipeline spreadsheet and its on the 16 projects over a thousand units that collected thouns units and one thousand to go in phase two of candle stick point. So funding youll hear more about that in the next presentation but again, i circulated that it was about 280 million in total funds concluding funds weve provided that leaves about 2 hundred and 20 million of that is fund we have to put
The mow housing successor and he then well do the transfer. The mo u has some additional terms and one was confirming the tax revenue bonds. Thats not really in our purview anymore so we used to be the issuer of the bonds but mow is the past manager of the 9 percent tax credibility and San Francisco is very lucky as a city of i city and county we have our own tax credits and weve historically coordinated and mow spreadsheets. Reporting is key for both the commission and a public and others stakeholders to understand you know how are we meeting our enforceable obligations. We want to be able to see who we are serving so this outlines oc ii will have the responsibility to the report similarly in the past we reported to the Housing Development on the affordability levels and the basic information the funding weve put into those projects and separately well do a report on Affordable Housing and thats an important obligation well track that on its oppose. Mow city has prepared a citywide re