50 Phelan Avenue
San Francisco, CA 94112
USA
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Board of Trustees Meeting
The Agenda includes a discussion of audio-taping or videotaping the Board of Trustees’ meetings as well as an Affordable Housing Presentation by the Council of Community Housing Organizations.
The Save City College Coalition is working with affordable housing advocates to fight for the principle that scarce and irreplaceable public land must go toward the public good, and truly affordable housing – not toward yet more luxury condos and profits for market rate developers! (See opinion editorial by Fernando Marti and Peter Cohen, Public land ideal for affordable housing, March 4, 2015 which brings in other needs.
The deal at 33 Gough is being guided by CBRE, a huge commercial real estate company that has a long track record of stripping out public assets at fire sale prices. Three Inspector General Reports and a book length study show that CBRE sold off 52 main post office buildings at 70% of fair market value, often to their own business partners (Peter Byrne, Going Postal). We should not be fooled by vague language about “below market rate” units – there are clear affordable housing guidelines that are legally and morally required.