Public Housing, Community Friend or Foe?

Join the conversation!
Join the conversation!

Affordable housing in San Francisco may be an urban legend. Since 2000 the Bayview Hunter’s Point Community Revitalization Concept Project Area Committee has started to write history. Striving to return balance to a desperate community, historically labeled by crime, gang activity and under employment, the Project Area Committee (PAC) has stepped forward to repair these neighborhoods. Drawing in hungry developers with the promise of $95million residential construction contracts, the committee has lobbied on behalf of this struggling environment.

The project guarantees 25% of all new structures to be dedicated to the public financial assistance Housing and Urban Development program, or HUD vs the standard 10%. Additionally, the committee has secured the allocation of project funds to renovate existing properties and to safeguard historic structures to be reused for the public. The Bayview College Track Center and Opera House anchor restoration efforts for the area and will soon be joined by senior community centers, medical buildings and services.

Focused on economic development, community enhancement and the vital opening of affordable housing, local residences have had their first taste of this new beginning. May 2013 marked the official start of turning dreams into reality as stage 1 of 5 housing sites by HOPE SF reached completion. 107 lucky home winners qualified for entry into a lottery by meeting a maximum income of $50,600 for a household for 4. With a long road ahead and the need for an additional $250million to complete the project, the mark of positive change has set into motion Green Streets, a safety and aesthetics movement, bringing landscaping and lighting of district streets and public spaces. This stimulus plan has created diverse opportunities for local citizens to fight for more than just survival, however in early 2014 Bayview Hunter’s Point faces its next phase of transition.

Stage 1 New Residences Complete
Stage 1 New Residences Complete

The new homeowner’s reside in a zone protected from eminent domain, however with the pending destruction of Candlestick Park and rising land prices, what is the next chapter for this district of San Francisco?

Rita Roti is a broker associate / assistant manager at Zephyr Real Estate and can be reached at Rita@ritaroti.com.

CalBRE #01224570

Leave a reply:

Your email address will not be published.

Site Footer