District 10 Benefits

An important component of the 702-acre project to redevelop the Hunter’s Point Naval Shipyard and Candlestick Point is the landmark Core Community Benefits Agreement negotiated between local community groups and the project’s developer. It provides over $37.5 million in funds for workforce development and affordable housing for San Francisco’s District 10.

The San Francisco Foundation serves as fiscal agent for the Implementation Committee (IC), the community group and leaders charged with administering funding related to the Core Community Benefits Agreement. The Foundation also acts as an advisor so that the IC may achieve maximum grantmaking impact in the areas of workforce development and affordable housing.

Financial Empowerment

From the listening sessions that were held in the Fall of 2012, the residents spoke loud and clear about the need for financial empowerment services and programs for the community, and the IC has moved forward on that vision to achieve and bridge the goals of workforce success and housing access and stability. Financial empowerment moves individuals and households toward greater financial stability and facilitates, over time, the accumulation of assets.

The San Francisco Housing Development Corp (SFHDC) was given the first $600,000 grant to open the first Financial Empowerment Center in D10, providing asset-building and financial empowerment services to residents. This new comprehensive effort will improve credit scores, financial literacy, increase savings, and provide more working capital and small loans in D10.

Engaging Community Residents in San Francisco’s District 10

The Committee knows the impact it wants can’t be achieved without the input of the residents of District 10. That’s why it’s first major effort in 2012 was to turn to the community for feedback to ensure its grantmaking strategy matches the needs of those residents. The San Francisco Foundation granted nonprofits based in District 10 grants of up to $8,000 to engage community residents in a feedback process that will help guide the strategy for the use of those funds. Over 400 people attended the 19 sessions, filled out surveys and participated in lively discussions about the future of the District.

That engagement, and the feedback received, informed the Implementation Committee’s work to increase affordable housing options, strengthen job training, and secure living-wage workforce opportunities for low-income and working class District 10 residents.

You may view, download and share the report below. You may also view a summary of the report here.

The Community Voice: District 10 Speaks on Opportunities in Housing and Employment