Downtown Revitalization Financing District Application and Enrollment Process

Open an application to Enroll in the Downtown Revitalization District by submitting the Notice of Eligibility to the District at DRFD@sfgov.org within 30 days of issuance. Once the Notice of Eligibility is submitted, the project applicant shall enter into a cost recovery Memorandum of Understanding (MOU) with the District to allow for the City and District to recoup actual administrative costs associated with processing the project’s application for Enrollment. Project must be enrolled by December 31, 2032 to receive annual distributions.

To complete Enrollment in the District, the project must enter into an executed Project Agreement by submitting the following materials to the District at DRFD@sfgov.org:

• Copy of the project’s Planning Approval Letter issued by the Planning Department
• Affidavit of Projected Qualified Development Costs

The Agreement will describe the square footage of the project that represents a conversion from Commercial to Residential use, the applicable affordable housing and labor requirements, and the process for documenting the project’s Base Assessed Value and incremental taxable assessed value following project completion.The Agreement will also include a cost recovery mechanism for the District to recoup the District’s and City’s annual actual costs associated with the division of taxes to the project and administrative costs associated with the project.

Projects must obtain a First Construction Document, as defined in Planning Code Section 401, with 36 months of Planning Approval Letter issuance, or the Agreement shall automatically terminate and the project will no longer be considered as Enrolled. Projects may re-Enroll by entering into a new Agreement at any time prior to December 31, 2032, and prior to being issued a First Construction Document.

Projects shall begin receiving annual distributions in the first fiscal year (beginning July 1) following the fiscal year (ending June 30) in which the project receives a Certificate of Completion from the Downtown Revitalization District. To obtain a Certificate of Completion, submit the following materials to the District Board at DRFD@sfgov.org:

• Copy of the project’s First Certificate of Occupancy, as defined in Planning Code Section 401, issued by the Department of Building Inspection
• Affidavit of Final Qualified Development Costs

Projects shall not receive a Certificate of Completion unless the District has confirmed with the Office of Labor Standards Enforcement that there are no active investigations of labor standard violations for the project.