For purposes of this part: (a) âCommercial-to-residential conversion projectâ means a housing development project that converts an existing qualifying commercial building to market rate or affordable housing by either reuse of the existing commercial building or by replacing the commercial building with a new residential building. (b) âCommunitywide significanceâ means benefits associated with the commercial-to-residential conversion project beyond the conversion of commercial space to residential dwelling units. (c) âDesignated officialâ means the appropriate official designated pursuant to Section 62455. (d) âDistrict boardâ means the governing board of the downtown revitalization and economic recovery financing district. (e) (1) âDowntown revitalization and economic recovery financing districtâ or âdistrictâ means a legally constituted governmental entity separate and distinct from the local government that established it pursuant to this division for the sole purpose of financing commercial-to-residential conversion projects or other projects of communitywide significance that support downtown revitalization and economic recovery as authorized by this division. A downtown revitalization and economic recovery financing district is a local agency for purposes of Chapter 9 (commencing with Section 54950) of Part 1 of Division 2 of Title 5. (2) A downtown revitalization and economic recovery financing district shall be deemed a district within the meaning of Section 1 of Article XIII A of the California Constitution. (f) âDowntown revitalization financing planâ means an adopted financing plan prepared pursuant to Section 62456. (g) âDowntown San Franciscoâ means an area in the City and County of San Francisco bounded beginning at the intersection of Washington Street and The Embarcadero, running southerly along The Embarcadero and then King Street to 3rd Street, running northwesterly on 3rd Street to Townsend Street, running southwesterly along Townsend Street to 6th Street, running northwesterly along 6th Street to Mission Street, running southwesterly along Mission Street to 10th Street, running southeasterly along 10th Street to Minna Street, running southwesterly along Minna Street to Lafayette Street, running southeasterly along Lafayette Street to Howard Street, running southerly along Howard Street to the junction with the Central Freeway, running westerly along the Central Freeway to Market Street, running northeasterly along Market Street to Franklin Street, running northerly along Franklin Street to Golden Gate Avenue, running easterly along Golden Gate Avenue to Taylor Street, running northerly along Taylor Street to Turk Street, running easterly along Turk Street to Mason Street, running northerly along Mason Street to Ellis Street, running westerly along Ellis Street to Taylor Street, running northerly along Taylor Street to OâFarrell Street, running westerly along OâFarrell Street to Shannon Street, running northerly along Shannon Street to Geary Street, running easterly along Geary Street to Taylor Street, running northerly along Taylor Street to Bush Street, running easterly along Bush Street to Kearny Street, running northerly along Kearny Street to Sacramento Street, running easterly along Sacramento Street to Montgomery Street, running northerly along Montgomery Street to Washington Street, and running easterly along Washington Street to The Embarcadero. (h) âGoverning bodyâ means the city council or board of supervisors of a local government. (i) âLocal governmentâ means a city, county, or city and county, whether general law or chartered. (j) âLower income householdsâ has the same meaning as defined in Section 50079.5 of the Health and Safety Code. (k) âModerate-income householdsâ means households of persons and families of moderate income, as defined in Section 50093 of the Health and Safety Code. (l) âNet available revenueâ means periodic distributi
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