new tools for redevelopment. the city has use redevelopment in a very measured way. whether it is for treasure island or redevelopment. one tool that will be important, it will require new legislation. it is quite difficult. it will be a difficult road. we need to work on it. we will ask for our partners to help us on that. >> what sort of financing goals to we have laughed at our disposal? it is more on communicating. you mentioned the stakeholders. people have spent many years of their lives participating in a project areas and participating. they are looking to have answers to understand how they will supplement their budget. what is the communications plan? down to the detail of noticing meetings. in the past, redevelopment had a staff person. now that no longer exists. who's responsibility is this to communicate these changes? what is in store and what is not in store? that is a little bit more of whre i'm coming from. what is the specific and detailed plan? if there are no details, that is ok. from my constituents, that is a big question. >> it is fair to say t

new tools for redevelopment. the city has use redevelopment in a very measured way. whether it is for treasure island or redevelopment. one tool that will be important, it will require new legislation. it is quite

in terms of new redevelopment dollars, there are no new redevelopment dollars that we would continue under the successor. >> with regards to the areas where there are not enforceable obligations with the market and the street, can you just explain what the process is going forward? i could imagine that there is probably some conversation with the mayor's office about how to proceed in these areas. >> that is correct. we are talking to the rest of the city. both with the city administrator, the mayor's office, public works. all of the relevant departments to continue this work program. redevelopment dollars and important tools in particular on the third street corridor. they are always leveraging dollars. it takes every last bit of local, state, and federal money. our dollars are quite additive. it worked out with financing. it has been an active conversation with our community partners in each of these areas on how to continue these activities. in light of the dissolution of redevelopment. you will see that through the department budget. to give you a big picture of staff and redevel

we have the first saying what did we want redevelopment to do on the fourth try?came up with the third street corridor, and now, i'm seeing it is no longer there, and that was before the shipyard. that was before anything else came about. my time is going to be almost up, but let me say this to you all -- you know, i am sitting there listening to these young people talking about their projects being cut. fact is, the programs that they were responsible for, they just celebrated 39 years. part of the component was taken out and put here at city hall. workforce and citybuild. then, the funding started coming from oewd. you know, it is a sad situation how my community has been done by the redevelopment agency since 1968. and then you are going to sit there and say everything is ok. no, no, no, no, everything is not ok. we have not received the promises that was gave to us in 1968. my church is still in a whole -- hole that it was not taken out of, but they can do something about it. thank you but no thank you. i listened to reports being made, people talking about st

at the dissolution of the redevelopment agency, the 20 years of redevelopment tax income funds provided approximately 12,000 units of affordable housing. we're looking at goals that basically double that going forward. that gives you a sense of the context we're looking at in terms of the loss of redevelopment funds for affordable housing. teresa will be talking about how we structured financing, leveraged outside resources, and the importance of local funds, whether it is a bond issuance, general fund, or tax increment. clearly tax increment financing is the largest local source over the last 20 years. it i would like to give thanks to the staff of the budget analyst, mo and sfra. this is a huge undertaking to pull this information together. it has been a valuable experience for us. we are very pleased to the board is taking so much interest in affordable housing. we truly believe in our mission to build and create more affordable housing. we appreciate the board's interest in our work. i would like to thank my staff, sally from the redevelopment agency, and teresa who will be presenti

most of the redevelopment area is billed out. we are primarily dealing with changes to existing buildings and tenant improvements and uses and that sort of thing. beyond that, what we still have not dealt with is the kind of, for lack of a better term, soft issues, if i could. the planning, project area committees, the other planning work that the agency was working on, which nobody is currently doing in the bayview and other parts of the city, and that is where i think the planning department will be in discussions with other agencies to decide what agency should take on that work. specifically, there were two areas where a lot of work had been done, which, unfortunately, cannot continue because there are no enforceable obligations. that is the mid market area and visitation valley. we have looked at the in quite a lot of detail to see if there are any obligations we can hang our hat on to use tax increments, and the conclusion of everyone is that we cannot. we will be meeting with the visitation valley community on tuesday to d

the redevelopment agency will suspended. they cannot do some of the things that the homeowners needed by getting support. we are working very, very hard with former agency staff to be sure they can address those sort of issues. giving people a sense of how quickly we can reach them. also, working with the developers to be clear about their expectations about how quickly we can move them through the process. the housing division did a very good job of notifying people of the transition. the program met with all of the contractors to talk about that transition. to alert them about who is staying and who is leaving and where it is going to be in the mayor's office. it has been low key at this point. we are trying to blend the information and make it clear who is the contact person. we hope to have that done by the end of the month. it is especially important, especially for the home buyers, to know who they should talk to. we are trying to figure out who we should address in terms of who we should try to address. we need to kee

we have the first saying what did we want redevelopment to do on the fourth try?came up with the third street corridor, and now, i'm seeing it is no longer there, and that was before the shipyard. that was before anything else came about. my time is going to be almost up, but let me say this to you all -- you know, i am sitting there listening to these young people talking about their projects being cut. fact is, the programs that they were responsible for, they just celebrated 39 years. part of the component was taken out

we will continue the redevelopment activities there.what cannot be continued under redevelopment using taxpayer dollars. there was a very long term plan that this board adopted. the community strongly supported it. we were in negotiations with the master developer there. we did not have an agreement in place. the legislation was passed. there are a

redevelopment statewide is in need of reform. san francisco is a model for redevelopment and it needs to stay intact. >> let's talk about the role of sports. are you happy with the plans for the america's cup? should the city spend money to keep the 49ers'? >> i am thrilled about the america's cup. it will not just be an economic boom that creates jobs and long- term economic development. it will help us shore up our aging and deterioration appears -- deteriorateing piers. it will help us clear of deferred maintenance. it will be a >>> promotion for the city. people will see the panoramic views of san francisco and want to come here. i would very much like to see forty-niners stay here. what that means, we will have to talk about it. i am not a big fan of massive public subsidies to sports teams. i think we should work hard to keep them here. >> we're almost out of time. are there any other issues or concerns we have not discussed? are there any other specific issues you plan to concentrate on throughout your turn? >> a couple th

funds and redevelopment programs and has not let the affordable housing component of redevelopment benefit at all in any way during this dissolution, so we will await the outcome of that to see whether, what the situation will be for the future, but, clearly, historically, we have depended allot on redevelopment. thank you. and i and the rest of my staff are available to answer any questions. supervisor chu: we are very lucky to have such a very active office that is dedicated to building affordable housing in san francisco. and i do want to thank my colleagues for being patient by not asking their questions yet, and i do know we have a lot of questions for the mayor's office on housing, so stick around, and we wanted to get to public comment, and i have about 50 cards, and i have not picked up the next staff yet. you have to the limits for public comment, and i will call the first 10 names that have on a card, so if you can come and lined up, and i know that two minutes is not a long time. i apologize for the amount of time that we are giving, but i do want to thank you for your patience

the theme was that even though everyone is disappointed with the loss of redevelopment, they see it as an opportunity to maybe more broadly address our housing needs then was the case even when redevelopment was a round. in particular, i think it was the mayor who presented some very interesting concept that he will be, of course, going into more detail in the future, but i think that franklin really looked at some of these issues -- matt franklin really look at some of these issues and talk about something i have been thinking about for some time, which is if you have shallow subsidies and make a higher percentage of affordability at a higher price level with the recipient, being a rancher or an owner, contributing more, you can produce more housing and begin to address the gap, which we will address in a few minutes as part of the housing study that has just been finished for the last year. but he had some really good ideas along those lines. to be able to do those kinds of things and coming from his present position in the mid- peninsula housing group, which actually has extension a

house and was -- the number 1 producer was our redevelopment agency. i announced at the start a housing trust fund, and invited all of the developers and housing advocates to help figure out how to create a stream of around $50 million a year to keep up with a need for affordable and workplace housing. housing is a challenge. we knew that from the start. we made the financial it commitment to make sure we take care of that. we are in the room now with the best minds. i started the trust fund working group. one conference room was filled, standing room only, with entities who wanted a common dialogue about how to create a housing trust fund to build the kind of housing we need. we know that if we do not pay attention to that, having lost redevelopment, we will lose the housing struggle. that will mean a tremendous authority to help people who worked at different economic levels. >> why has redevelopment hit oakland hard? >> he is the city and county and got to take over himself. that is unique. you have to remember oakland is a poor city. we had many mo

it is a collaboration with them and redevelopment and a couple of city offices. over the last few years, we have been able to do improvements on 25 businesses on third street, which is no small feat. [applause] technically, this is part of the program. i just wanted to report from our staff, limon was standing room only on saturday night. [applause] comintern in over now to tiffany for a couple of words from the four redevelopment agency. [applause] >> thank you. it is a pleasure to be standing here in this building. there are affordable homes here. this is a manifestation of the ongoing investments that mayor lee and others have spoken about, in terms of the physical and economic investment in the bayview. too many people are here to thank but this was truly a covered a partnership, both at the state level, to build these homes, from community development, redevelopment funds, to stimulus funds, the mayor's office of housing, up front equity. we are truly pleased to be able to continue to invest in ongoing vibrancy of this third street corridor. and number of mo

you talk about how the redevelopment project area is not able to qualify for ifv dollars. is there a movement afoot to begin to get the schlage lock and other redevelopment project areas designated and qualified for ifd financing? >> yes, commissioner, although i would characterize it as embryonic at this point. we are not the only area or a municipality in california that has been left hanging by the -- especially, the suddeness of the change with redevelopment. there is a forming a coalition, especially urban core jurisdictions like san francisco, oakland, to some extent san jose, and some of the older cities in southern california. they are looking for an opening legislatively to try to find some relief. supervisor cohen: my specific question is, are our legislators actually moving to introduce that legislation? >> yes, there is a movement underway. i do not know, however, that we will see a successful bill this session. if nothing else, because only so many ways to deal with this issue of the capture of the value of land development, and the governor has sent over a st

i will not say this is different than the other needs of the redevelopment agency. but there is a specific need with a specific benefit to the council agencies. i also wanted to say that some organizations have been able to receive some support from the banks for this work, with the consumer credit counseling which has received support from lenders, and with that they are able to offer support for the full loss mitigation practices, so they can actually handhold of the residence, from the beginning to the end and submit the package, which is an incredible asset. they can only offer the full support to the clients who work with that particular lender. in the past certain lenders have supported these groups to a somewhat limited expense. and thinking about possible service -- sources for this. >> thank-you. i applaud all of the efforts that you are taking. it is great to see all of the work that is coming out of the mayor's office of housing. i have a basic question and i don't know if you would be the person to answer this or someone else in the mayor's office. the l

we made a commitment along time ago with the assistance of redevelopment. we said any time we have an opportunity to build housing targeted to people that really needed our help, we would do so. that was reflected in the 10- year plan for homeless housing objectives. at least 3000 units in the next 10 years. this project of 120 units gets us to about 1977 about commitment. we still have to move forward. i would like to resonate about my disappointment about the elimination of redevelopment. i cannot do that today because we have a valuable time to get this project up for other people. as disappointed as i am about the project, we have got to move forward. that is why we have tiffany and many others who were on the re- development staff before. we finally got an agreement last friday to move forward on many fronts we have to get done to build more housing. they keep to the wonderful work from our staff and -- thank you to the wonderful work from our staff and agencies. they could probably complain about us wallowing in our despair about this. we move forward

a lot of reference to redevelopment. do we need to actually substantively change anything in the housing element or the plans because redevelopment does not exist anymore? >> actually, with regards to reporting, i think we can amend it within our report to the hcd. but as far as amending the housing element to reflect that, i think -- i do not think that will be happening. the next cycle is coming up. in fact, the process has started this year. i believe that the commissioners will eventually be hearing more about this as it proceeds. commissioner borden: just because a lot of our implementation is, you know, many of what we talk about -- obviously this is a bigger conversation about creating affordable housing, but a lot of our implementation settles around references about redevelopment. i think it would be interesting to have a discussion about how we are dealing with that. i know the agency has a very different function and role, and we're talking about these infrastructure finance districts. i know at some point we

the redevelopment staff and the redevelopment commission kept shooting down proposals to develop this site because it was not consistent with the redevelopment plan that called for open space and recreation facilities. mayor feinstein said letters as the mayor. she said another one as the senator. the fourth attempt to approve the site was in 2002, to develop what was supposed to be just what to 01 -- lot 201, but they found at the intruded in the area of the block to the north. this is a specific attempt. every one of these is involved, golden gateway, because they own golden gateway, because they own the land.

we will go from $600,000 to $350,000 next year because the funding from the redevelopment agency, -- they will no longer be available. >> can you repeat how much of a reduction that that is? >> last year, the redevelopment agency offered $215,000, and the year before they offered $242,000 -- and none of that money will be available. this is a dramatic reduction in support for home ownership counseling. >> do you mean the redevelopment agency? >> my question was, you say that there have been no dollars and i ask if this is the dissolution of the redevelopment agency? >> there is no longer the dedicated source of funding to support that our reach. >> will there be an opportunity to recapture some of this? >> can you expand on this? >> with the dollars allocated for these programs, and some of the financing tools we are looking at for these programs, with the incremental tax

their assets and debts, and we have decided to isolate the moneys that have been dedicated at redevelopment for the sixth street substation, capture that as the transition turned over to the city. supervisor kim, you will want to hear this clearly. we are going to build that substation. in fact, to expedite that, we are sending in the dpw staff to review the bids that were taken, not signed by the redevelopment agency because they could not get that far because of the dissolution of the agency, have that reviewed, and see what the work force can do that the money has come over to the city side, to expedite the work at the substation. i assure you we will get this done in short order. i cannot tell you exactly when, but we are already looking at what we can do to expedite the process. i know the substation is invaluable to our overall plan. not only community policing, but the collaboration, the presence that is needed. you will probably inherit even more city personnel, providing hearty breakfast this. -- breakfasts. we have all the elements here to not only breed success, but assurances fo