Building Safer Communities Together
Financing the future of energy efficiency and Seismic safety
Earthquake Safety Implementation Program (ESIP) is a thirty year plan to implement the recommendations of the CAPSS study, completed in 2010. ESIP began in late 2011 under the City Administrator’s office and continues on today to make San Francisco a more prepared, safer, and resilient city. ESIP estimates there are 111,562 San Francisco residents (13.3% of the pop) that live in buildings subject to a soft story condition
Seismic Soft Story
On the anniversary of the 1906 San Francisco Earthquake, Mayor Ed Lee signed into law the Mandatory Soft Story Retrofit Ordinance. This legislation requires the evaluation and retrofit for “multi-unit soft-story buildings,” defined as:
- Wood frame construction (Type V)
- Application of permit for original construction was prior to January 1, 1978
- Five or more residential units
- Two or more stories over a basement or underfloor area that has any portion extending above grade
- A soft story condition that has not been seismically strengthened to the standards set forth in the ordinance.
Enhance. Comply. Protect.
That's Not just thinking big...It's Seismic thinking TM
Counterpointe Sustainable Real Estate Can Help Finance Your Soft Story Retrofit In 4 Easy Steps
Apply for the Seismic Retrofit Program
Property Owners qualify for the Program based on the equity in the property and certain underwriting criteria
Your property must not be subject to any tax liens or bankruptcy
Seismic assessment + your mortgage may not exceed 100% of the appraised value of the property
Your mortgage must be current and may not have been more than 30 days late in the last 12 months .
Certain required studies such as a earthquake sensivity analysis of your property (SEL) may be financed.
Visit www.CounterpointeSRE.com for more information
Once you are approved for the program, simply sign the Seismic Assessment documentation for your property
Visit www.CounterpointeSRE.com for more information about applying and Program approvals
Once you begin construction, CounterpointeSRE can pay your engineer directly for designs and specifications.
To Begin your Seismic Retrofit
Select your contractor from our list of Program Eligible Contractors , or have your contractor register with the Program
The Program can provide Progress payments to your contractor after the required inspections
Complete your Seismic retrofit
Once the Seismic retrofit work is complete
You or your engineer will request and inspection from the SFDBI
Upon receipt from the SFDB of the inspection, a Seismic Retrofit Completion certificate and approval from the property owner, we pay your contractor directly
A final Assessment amount will be recorded at the Tax Collectors office.
You will receive an addtional line item on your regular SF Tax Invoice from the city for the annual Assessment payment.