Mayor Lee Announces City’s Plan to Ensure Continued Job Creation, Affordable Housing & Neighborhood Revitalization Amid Redevelopment Elimination

WASHINGTON, D.C. – January 11, 2012 – (RealEstateRama) — Today Mayor Edwin M. Lee and Supervisor Malia Cohen today introduced a resolution at the Board of Supervisors to ensure that major redevelopment projects, such as Mission Bay, the Hunters Point Shipyard, and Transbay as well as affordable housing projects under the San Francisco Redevelopment Agency can continue after the State required their elimination. The resolution is also co-sponsored by Supervisors Jane Kim and Christina Olague.