Pelosi Announces $1.33 Million for the Development of Hunter’s Point Shipyard

October 27, 2003

Washington, D.C. - Today House Democratic Leader Nancy Pelosi announced that San Francisco will receive $1.33 million in federal funds for the redevelopment of the 500-acre Hunter’s Point Shipyard. Pelosi secured the funds in the 2003 Defense Appropriations Bill to provide affordable housing, infrastructure improvements and additional commercial space to the Bayview Hunter’s Point community.

“These funds bring us a step closer to realizing long-held dreams for the Bayview Hunters Point community - dreams of a safe environment, of economic opportunity, and of renewed community,” said Pelosi.

These funds will bolster the redevelopment of the 500-acre Hunter’s Point Shipyard, a former naval base that was selected for transfer in the Defense Base Closure and Realignment Act of 1990. The Bayview Hunter’s Point community is historically one of the most disadvantaged communities in the city and faces numerous environmental and socioeconomic issues. The redevelopment funds will go toward the demolition and safe removal of former Navy installments, as well as the construction of new and safer commercial and residential units at the former base.

“This grant will assist in jump-starting the land development process at Hunter’s Point Shipyard and contribute to the momentum of returning this asset to the Bayview Hunter’s Point community and the people of San Francisco,” said San Francisco Mayor Willie Brown.

The Navy and the City of San Francisco are in the final stages of negotiating a Conveyance Agreement that would transfer the Shipyard to the Redevelopment Agency on phased basis. The agreement will also provide comprehensive oversight by environmental regulatory agencies that will aid both the Navy and the city in providing a more effective cleanup process. It is expected that the first parcel of the Shipyard will be available for transfer in the spring of 2004.

“I commend members of the Bayview Hunters Point community who have partnered with the Navy and the City and County of San Francisco to turn this shipyard into a place of promise for the community,” said Pelosi. “Their contributions will help guarantee that the Shipyard is handed over to the people of the San Francisco as a clean, safe place for this and future generations.”

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