A Note from the CEO regarding 951 Eddy Street
Dear Friends, Stakeholders, Employees, and Residents of TNDC:
We’ve recently been asked by some of our friends about news reports surrounding a property at 951 Eddy Street that TNDC anticipates receiving from the San Francisco Housing Authority later this year. We’re hoping to answer most of the questions we’ve heard below; should you have any further questions, we hope you’ll directly email Don Falk at firstname.lastname@example.org.
First and foremost, no one will be evicted from the building or have their rent increased.
TNDC is working under guidelines and rules created by the Federal Department of Housing and Urban Development (HUD). The elevator in the Eddy Street building has been designated for mandatory repair by HUD; TNDC can’t refuse the government’s direction in this regard. (And even if we wanted to delay repairing this obsolete elevator, which we don’t, delaying repairs to it would lead to more problems for our tenants, not fewer, because it is at the end of its useful life.)
It’s important to point out that the $9.5M figure that was cited for repairs costs isn’t accurate. In fact, only $2.5M is for construction and repair, and the bulk of the $9.5 million is for acquisition of the building and other related costs. This is not a substantial rehabilitation project; relatively little work will occur within the units, and no one needs to move out during the construction period for even one night, except for those impacted during the 2 months that the elevator is being repaired.
We recognize that these repairs to the building will create a hardship for the tenants, and want to minimize these hardships as much as possible. To that end, there are a few tenants who live on the third floor, who it could present a hardship when the elevator is under repair. These tenants are being offered temporary units within the building, if they wish to move temporarily for the 2 -3 months that the elevator is being repaired. TNDC will move them from their units, and back into them, at no financial cost to the tenants.
We are eager to work with HUD and the San Francisco Housing Authority and the San Francisco Mayor’s Office of Housing and Community Development to ensure that this permanently affordable housing is protected, maintained, and well-used by San Franciscans of very modest means. We are working to communicate with the tenants and their families and caregivers to inform them about our ongoing plans. Very few tenants will temporarily move as a result of our work, and all will be moved within the building (unless they prefer to move to another building).
TNDC’s work isn’t simple. Protecting and housing people with few financial options is difficult and complex work, and there are many federal, state and local laws that must be followed – it’s not an option to pick and choose the laws we’d prefer to follow. And while our work is complex, we do it with pride and with intent, and we commit to continue to our best to provide the highest quality of housing and services to our residents – current and future.
Thank you for taking the time to read this brief note, Again, if you have any questions, please email me at email@example.com.
Don Falk, Chief Executive Officer
Tenderloin Neighborhood Development Corporation