The San Francisco Redevelopment Agency ("SFRA") plans to apply for up to $25,000,000 in Neighborhood Stabilization Program-2 funds from the U.S. Department of Housing and Urban Development. The application due date is July 17, 2009. If awarded, SFRA plans to use the funds as gap financing for the construction of approximately 106 units of rental housing affordable to households earning up to 60% of Area Median Income on Parcels 52 and 54 in Hunters Point Shipyard, census tract 606. Parcel 52, which borders Fridell Street, between Jerrold and Kirkwood, and Parcel 54, which also borders Fridell Street, between Innes and Hudson, are approved sites for affordable housing in the Hunters Point Shipyard Redevelopment Plan. SFRA staff informed the Hunters Point Shipyard Citizens Advisory Committee of the pending application on June 8, 2009.
Citizen comments and questions are welcome. Please contact Kate Hartley, Development Specialist, at (415) 749-2402, or kate.hartley@sfgov.org.
Non-English speakers are also encouraged to contact the Redevelopment Agency with any questions or comments. Translation services will be arranged.
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NSP2 Application Update: as described above, if the Agency is successful in securing an award of NSP2 funds, it will use the money to construct 106 units of new, affordable, multifamily housing units on Hunters Point Shipyard Agency Parcels 52 and 54. The final application request, which will be submitted to HUD on July 17, 2009, is $18,350,000. The affordability level of the new housing units will be 50% of area median income.
