Hunters View, a dilapidated 267-unit, 22-acre public housing project in San Francisco’s Bayview Hunters Point neighborhood, is undergoing a massive transformation.
Constructed in 1957, the project had fallen into disrepair and had become isolated from the surrounding community over the years.
As part of San Francisco’s HOPE SF program, which provides a set of principles and funds for the city’s public housing revitalization efforts, The John Stewart Co., Devine & Gong, Inc., and Ridge Point Non-Profit Housing Corp. were tapped to undertake the Hunters View project.
It is the first public housing revitalization to proceed under the HOPE SF program.
The first phase includes 107 units, serving residents earning between 25 and 45 percent of the area median income.
The development team also created new infrastructure, including a brand-new street entrance, more pedestrian and vehicular connectors, and a park.
“It preserves an existing community of low-income residents instead of displacing. It created a lot of jobs and new park space, and it reknits and reconnects this neighborhood that’s been isolated for a long time,” says Jack Gardner, president and CEO of The John Stewart Co.
In addition to city and state support, the $79.2 million first phase, which includes infrastructure costs, was financed with tax-exempt bond debt provided by Citi Community Capital and 4 percent low-income housing tax credit equity provided by Bank of America Merrill Lynch through Enterprise Community Investment.
