ULI fall meeting - 102711 - patrick costigan - uli choice-neighborhoods_10-27-2011

CHOICE NEIGHBORHOODSURBAN LAND INSTITUTE FALL MEETING

OCTOBER 27, 2011

Department of Housing

and Urban Development

WHAT CHOICE NEIGHBORHOODS DOES:PROVIDES AN INNOVATIVE TOOL FOR LOCAL LEADERS

Designed to transform neighborhoods of extreme poverty with severely distressed public and/or assisted housing into sustainable mixed-income communities

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• Supports locally-developed solutions

Supports Communities

• Competitively awards grants that address housing, people, and neighborhood needs

with Comprehensive

and Flexible Tools

• To revitalize struggling communities with distressed HUD-supported affordable housing

to Revitalize Neighborhoods

WHAT CHOICE NEIGHBORHOODS DOES:BUILDS UPON THE LESSONS OF HOPE VI

Choice Neighborhoods

•Transformed distressed public housing•Created mixed-income communities•Leveraged significant private and non-profit funding

• Supports neighborhood revitalization

•Expands applicant eligibility

• Includes other HUD-assisted housing

Best of HOPE VI

Lessons & Innovations

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HOPE VI Choice Neighborhoods

• Leveraging

• Housing plan with people supports

• Funding flexibility for supportive services

• Leveraging

• Neighborhood plan – housing, people, neighborhood

• Flexibility for supportive services, critical community improvements, and non-assisted housing

• Alignment with Promise Neighborhoods, health centers, and public safety funding

WHAT CHOICE NEIGHBORHOODS DOES:SUPPORTS NEIGHBORHOOD REVITALIZATION

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HOPE VI Choice Neighborhoods

• Public housing authorities

WHAT CHOICE NEIGHBORHOODS DOES:INCLUDES OTHER HUD-ASSISTED HOUSING

• Public housing

• Project-based Section 8

• Section 202

• Section 811

• Section 221(d)(3)

• Section 236

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HOPE VI Choice Neighborhoods

• Public housing authorities

• Public housing authorities

• Local governments

• Non-profits

• For-profit developers in partnership with a public entity

WHAT CHOICE NEIGHBORHOODS DOES:EXPANDS APPLICANT ELIGIBILITY

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CURRENT & FUTURE COMPETITIONSCHOICE FUNDING CONTINUES TO REACH MORE COMMUNITIES

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2010• 17 Planning Grants• $4 million awarded in total

2011• 5 Implementation Grants: Boston, Chicago, New Orleans,

San Francisco, Seattle; $122 million awarded in total• 12+ new Planning Grants; $3.6 million available

$30.5 million Choice Neighborhoods grant

$244.5 million in committed leverage

CP Development Co. / Lennar Homes & San Francisco Redevelopment Agency are key committed funders

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Lead Applicant: McCormack Baron Salazar

Co-Applicant: San Francisco Housing Authority

Key Partners: CP Development / Lennar Homes Urban Strategies San Francisco Redevelopment Agency

San Francisco Unified School District City of San Francisco

SAN FRANCISCO’S CHOICE NEIGHBORHOOD:SIGNIFICANT PRIVATE SECTOR INVESTMENT

Eastern Bayview neighborhood Alice Griffith Public Housing Development: Constructed in 1962, Alice Griffith is a family development of two-story townhouse style buildings scattered throughout a 22-acre site.

A total of 1,126 units planned• 256 units of public housing that are replaced (1 for 1 replacement)• 248 new low income housing tax credit units• 310 market-rate units• 31 inclusionary units• 281 workforce units

Up to 7,850 units projected to be developed over the next 10-15 years.

Investments in education, workforce development, and community services.

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SAN FRANCISCO’S CHOICE NEIGHBORHOOD: MARKET RATE AND AFFORDABLE HOUSING

Transportation improvements• Connect neighborhood to downtown via Third Street

Retail attraction through SF Shines Façade Improvement Program• Initiative to provide streetscape enhancement and recommendations for

business attraction and retention

Greening improvements, such as recreational improvements along the shoreline.

Planned activities at nearby Candlestick Point:• New commercial assets • Job development • Recreational assets and services

This will be enhanced by 104 acres of new parks and open space and an entertainment arena.

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SAN FRANCISCO’S CHOICE NEIGHBORHOOD: TRANSIT IMPROVEMENTS & COMMERCIAL DEVELOPMENT

ALICE GRIFFITH – EXISTING SITE PLAN

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CANDLESTICK POINT – SITE PLAN

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CANDLESTICK POINT - VISION

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ALICE GRIFFITH – RENDERING

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