The 900 Folsom Street and 260 Fifth Street project will provide numerous benefits to the immediate neighbors of the project and the San Francisco community at large:

• Contribute approximately $25,000,000 in affordable housing subsidies.
  
  
• Effectively double the Redevelopment Agency's Budget for improvements along the 6th Street corridor through the contribution of $15-$20 million dollars in additional bonding capacity to the SoMa Redevelopment Area. These funds can be utilized for improvements such as: the construction of affordable housing, transit and municipal upgrades, park improvements, social services programming and general community benefits.
  
  
• Enhance the City's schools, infrastructure, and community benefits through the contribution of $2-3 million in funds available for Citywide improvements.
  
  
• Keep the neighborhoods clean and safe through economic support of the proposed Yerba Buena Community Benefit District. Increased property tax revenue will help to finance the Community Benefit District's $2.2 million annual budget dedicated to improving the Yerba Buena Neighborhood through measures such as graffiti abatement, street cleaning and janitorial services, tree plantings, and various pedestrian safety programs.
  
  
• Add landscaping and slow down traffic to make the neighborhoods more walkable and enjoyable.
  
  
• Ongoing support of the neighborhood through sponsorship of activities like the planting of over 60 trees along Clementina and Tehama alleyways, as well as daily alleyway cleaning services.
  
  

The 900 Folsom Street and 260 5th Street project is pursuing a LEED Gold rating from the United States Green Building Coalition (www.usgbc.org). The goal of the LEED program is to reduce the project's carbon footprint, water use, and general impact on our environment. Some of the potential benefits include:

• Highest rating ever achieved for a multi-family residential project of this magnitude in the Bay Area.
  
  
• The proposed development will reduce annual water use by 30%, enough to fill approximately 60 million glasses of water.
  
  
• The proposed project will decrease storm water runoff by at least 25%.
  
  
• The proposed development will recycle at least 50% of construction debris.
  
  
• The propose project will reduce heat islands by utilizing a roof that has a Solar Reflective index of 78 or more.