Project area to know how were doing and a summary of what were working on and a work plan in 17 and 18 which is what were in right now. Just to recap, the mission of oc ii and the Housing Division is to create Affordable Housing pursue ant to our state, the state department of finance and approved enforceable application s in our three Major Development projects mission day and trans bay and the remaining housing obligations we had after dissolution weve completed those in the fiscal 16 and 17. So as you know in 2014 the mayor rolled out a goal to create 30,000 Housing Units by 2020 onethird of those are to be affordable and ocii is a key component to achieving the plan and ociis housing obligations will result in almost 3,000 affordable units by 2020 or onethird of the mayors goal. I wanted to note in the chart you can see that the stand along funded units is 1,069 thats half of what the ocii funded units what we intend to deliver by the end of 2020 and that cat gore see what we have
Decisions about whether it should be free, priced because that goes in to again creating hopefully a viable Transportation Network for this neighborhood. I understand that but id like to get an overview of what living in this area is like now that were going to pin it down that so many transit lines but what are the plans of the other department who were working with so that we can sort of get a sense of what to expect and look for. Thats the point im trying to get at. Yes and again, i apologize we have so much influx but its a very dynamic project right now and so were also in mid conversation with m. T. A. About refineing the transit plan for here as well in terms of where cars can turn, where the transit lines will be prioritized and that can impact exactly where some parking lots might go so its not a totally final yet but we can certainly get you preliminary information of what we know right now. And well get the updates. Yes. Because theres 2021 and we have a long way to go. So j
People. I see them at the fastfood places, and the supoup kitchen. Ive taken in people that were stabbed. Its not fun being homeless, and i think you should take care of people that really need housing the most now, not later. Thank you. Thank you. Next speaker. Commissioner commissioner antonini, welcome back. Its great to be back, because i may be able to leave after this item if i so choose. Any way, before i say anything, i would like to extend my condolences to the family of mayor ed lee. We lost a very devoted leader, last week, and we will miss him. Im speaking in favor of the project at 743 south vanness, only as you know because its over a 10,000 square foot lot, and it is under the state density housing bonus and the laws are quite strict about what sort of things would allow you to not approve a project, as youre well aware, because youve had two or three of these already. And in its own right, even notwithstanding the density bonus, its a very good project, and the project
Lived here my whole life. Ive be about 18 years ago, i met mr. Taboni, and i did my first project with him, and ive been working with him ever since. My company has grown to 15 employees since that time. One thing about mr. Taboni, everything he says is completely gospel. Hes an honest businessman. He eats and enjoys lunch with the employees on the projects, and having an abandoned vacant lot is not doing any good for the city. And having 75 new Housing Units will be spfar superior to anything thats going on now, and like he said, 20 is going to Affordable Housing. Thank you. Thank you. Next speaker, please. Hello. My name is ben nahidi. Im the owner of the business and the Apartment Building directly across from this project. The corner of the 19 and south vanness. The old gas station site has been vacant for more than ten years, almost 15 years, and we are very happy to see that finally there is a building that is going to this lot. A vacant lot like this creates a very unsafe enviro
As youre well aware, because youve had two or three of these already. And in its own right, even notwithstanding the density bonus, its a very good project, and the project sponsor has elected voluntarily to base the affordable on the bonus rather than only basing the affordable percentage on the base project, which under the state law, is all he needs to do. So in that regard, he has made some great strides, and as you know, this is a vacant space, so were not displacing anyone. The gas station hasnt been operable for 15 years. And i think we are providing housing that will meet the vast demand that is occurring in San Francisco for housing, and thats not going away. As youre probably aware, the Federal Reserve has moved to raise slightly raise the prime rate in anticipation of the continued economy next year being very strong, and it will continue to be very strong in San Francisco. So the people are coming to the mission with the means to rent and to buy units, and they will either