The San Francisco Board of Education  last night (Tue/10) approved a land swap with city government, gifting San Francisco an empty lot that it will use to build new affordable housing. That’s 115 units of living space for low income San Francisco renters, wrapped in a bow for the holidays.
The lot is on 1950 Mission street, and the proposal to swap it was the brainchild of board members Hydra Mendoza-McDonnell and Sandra Lee Fewer, who worked on the measure with the Mayor’s Office of Housing for two years. In return for that parcel and another on Connecticut street, the district will now own a property it currently rents from the city of San Francisco, and will also get $4.5 million out of the deal. Last night was the culmination of that work, which Fewer said was the right thing to do.
“Could we get more money from [selling] this property with a private developer? I’m sure. But would we get the value? No,” Fewer said at the meeting.
But it’’s a mixed win for San Francisco, as the original intent was to pioneer ways to provide affordable housing for the school district’s employees. Project proponents said school district workers have been priced out of San Francisco in droves. The affordable housing project will be general use, with no specific provisions for teachers or other SFUSD workers.