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City wants to pave a parking lot, put up affordable housing in Telegraph Hill but neighbors balk

March 10, 2015

by : bizjournals – excerpt

San Francisco city officials are looking for a developer to build low-income housing on a Telegraph Hill parking lot, but some residents of the swank neighborhood want the site to have more apartments for middle-class residents as a debate over housing affordability engulfs the Bay Area.

The Port of San Francisco and Mayor’s Office of Housing are preparing a request for proposals for the 37,823-square-foot city-owned site, which is between Broadway, Front and Vallejo streets.

The Mayor’s Office of Housing is working on a plan with 115 units for residents making no more than 65 percent of area median income. That’s around $44,150 per year for one person or $50,500 for two people, according to 2014 data from the U.S. Department of Housing and Urban Development…

Community groups are pushing for median income housing because they feel that the middle class has been excluded from typical affordable housing projects, said Robert Harrer, president of the Barbary Coast Neighborhood Association and an alternate member of Northeast Waterfront Advisory Group…  (more)

 

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