Equitable Economic Opportunity

.

SFOP is a voice for the voiceless and an arm for the clout-less.
Dr. Arelious Walker, Pastor of True Hope COGIC & SFOP’s first Board President

Why this issue is important

San Francisco is no longer a city primarily notable by its signature landmark, the Golden Gate Bridge. It is a city now known as having one of the highest costs of living in the country.  It is a city now considered not family friendly as families—disproportionately African-American–move to surrounding cities for living wage job opportunities and affordable housing.

  • In Bayview Hunter’s Point, 30% of families earn less than $10,000 per year, and a median household income of $29,640 annually, as compared to $65,000 for white San Franciscans and a $55,221 average citywide [1].
  • The unemployment rate for San Francisco is 9.3%, in Bayview Hunter’s Point its 19% [2].
  • From 1997 to 2002, African American owned business declined by nearly one quarter and African American business receipts fell by 60.7%, although the number of persons employed by African American businesses increased [3]

Background

In 2008, SFOP leaders from the Bayview LOC sat at the table with leaders from Labor, from ACCE, and from the City of San Francisco to negotiate a historic Core Community Benefits Agreement with Lennar Urban. CBAs are legally binding agreements between developers and community organizations that set conditions on the development project in order to build community support. UC Berkeley economist, Ken Jacobs, called our CCBA the best in the nation [4].  It includes the following benefits:

  • At least 3,200 units of affordable housing – rental and homeownership opportunities with an average of 2.5 bedrooms so that they house our families.
  • $27 million dollars for a Community Housing Fund that will help families move into new homes in and around the development – bringing the total percentage of affordable housing up to as much as 35%.
  • $17 million dollars for workforce development initiatives. This will enable us to invest in strategies and programs that will identify, train and support youth, adults and seniors in this community to find jobs and economic opportunities, start businesses, and take care of their families.

Writing a new story

Our goal, simply put, is to invest the community benefits agreement dollars in revitalizing Bayview Hunter’s point over the life of the redevelopment project. We want to both stem the tide of African American’s leaving San Francisco and attract working class families back to District 10. Our workforce development strategies are grounded in a belief that to create a self-sufficient & economically empowered community we must:

  • Dedicate resources to the capacity building of local community based organizations & service providers
  • Assist in forging partnerships and collaborations among the many existing service providers
  • Create and build wealth through financial literacy & asset building programs & strategies
  • Focus on promotion of entrepreneurship and small business ownership

[1] http://hunterspointfamily.com/about/bayview-hunters-point-a-context/
[2] http://www.bls.gov/web/metro/laummtrk.htm & http://hunterspointfamily.com/about/bayview-hunters-point-a-context/
[3] Mayor’s African American Outmigration Report: http://www.sfredevelopment.org/Modules/ShowDocument.aspx?documentid=292
[4] http://www.box.net/shared/dx2uxmuj6dpgznq8leqn