[CPEO-MEF] REUSE, COMMUNITY: Lennar negotiates community benefits at Hunters Point (CA)

[Lenny Siegel <lennysiegel@gmail.com>]

Lennar agrees to low-income S.F. housing pact

Heather Knight
San Francisco Chronicle
May 20, 2008

The developer seeking approval from San Francisco voters to redevelop 
large swaths of the Hunters Point Shipyard and Candlestick Point has 
struck a deal with a powerful labor group to sweeten the promise of 
affordable housing and jobs for residents of Bayview-Hunters Point.

Under its deal with the San Francisco Labor Council and other groups, 
Lennar Corp. vowed to make 32 percent of the 10,000 new homes it builds 
affordable. The company also agreed to make more of the units big enough 
for families and to set aside $35.5 million over the next several years 
to fund homeownership and job training programs for neighborhood 
residents. The deal will be announced at a news conference today.

In exchange, Lennar gets the labor council's important endorsement for 
Proposition G on the June 3 ballot. That measure asks for the public's 
support of the redevelopment project.

...

For the entire article, see
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/05/20/BA0I10P54T.DTL&hw=Lennar&sn=001&sc=1000

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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