News

Calif. Cities Should Look to This S.F. Affordable Housing Finance Model

on Jan 18 2018 - 12:58pm

Source: Next City    By Rebecca Foster | January 18, 2018   With rent exceeding $4,500 a month for a two-bedroom apartment in San Francisco, housing is unaffordable for 73 percent of the city’s residents. We are losing teachers, artists, bus drivers, police officers, nonprofit workers and families every single day. The high cost of housing affects the very fabric of our neighborhoods and character of our iconic city, and impacts households across the income spectrum, directly connecting to many of the city’s challenges, from homelessness, to health, to education. Now more than ever we must apply our collective brainpower and resources — private and public — to housing. Affordable housing in a high-cost city like San Francisco — and the Bay Area as a whole — can’t be built without the substantial investment of the public sector. But accessing government money is, by nature, a bureaucratic process that can be too slow to be competitive. Financing bottlenecks are one...

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SF reaches $15.5M deal to buy McDonald’s on Haight, build affordable housing

on Dec 14 2017 - 9:56am

Source: San Francisco Examiner By Michael Barba and Joshua Sabatini | December 12, 2017  The San Francisco Board of Supervisors approved on Tuesday the purchase of the McDonald’s on Haight Street for $15.5 million. (Courtesy Google Maps) San Francisco has reached a deal to purchase the blighted McDonald's restaurant on Haight Street for $15.5 million and plans to turn the site into affordable housing, Board of Supervisor London Breed said Tuesday.  The McDonald’s site at Haight and Stanyan streets is a known public nuisance in the neighborhood and was the scene of a shooting in August. Breed said the purchase is an “incredibly favorable deal for this site” that is several million dollars below market-rate. “Our intent in purchasing the site is clear,” Breed said while introducing legislation to the Board of Supervisors that will allow San Francisco to move forward with the purchase. “We are going to build 100 percent affordable housing.” Breed is serving as acting mayor...

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Plus Housing Program for low-income SF residents living with HIV/AIDS

on Dec 8 2017 - 11:47am

Source: San Francisco Mayor's Office of Housing and Community Development MOHCD officially opened applications to the Plus Housing program for low-income San Francisco residents living with HIV/AIDS. Plus Housing offers qualified applicants permanent housing subsidies and units. Click on the link below to learn more! http://sfmohcd.org/plus-housing The Plus Housing page has an overview of how the program works, the housing and subsidies available through the program, and a link to the live online application. (Please note that paper applications are also available, either through download or by pickup in person at any of ten locations listed.) Public information sessions were held at MOHCD on Tuesday, October 10. For detailed program information, please review the Plus Housing page first, then email the address on that page with any additional questions. Thank you!  

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SF’s quiet Excelsior becoming affordable-housing hot spot

on Dec 6 2017 - 10:50am

Source: San Francisco Chronicle By J.K. Dineen | December 3, 2017  A residential development boom is quietly taking shape in San Francisco’s Excelsior district, an unpretentious enclave that residents often complain has been forgotten when it comes to investment and services. On Monday, a development group is set to submit plans for a 426-unit apartment complex on outer Mission Street, a project that would include a new Safeway grocery store, a neighborhood health center and other retail. The Mission Street project, a joint venture between nonprofit developer Bridge Housing and the National Electrical Benefits Fund, combines two of the largest plots of land in the neighborhood: the Valente Marini Perata & Co. funeral-home site at 4840 Mission St. and the Safeway at 4950 Mission St., just south of the recently closed mortuary. Combined, the two parcels cover 3½ acres. In the first phase of the plan, the funeral-home site would be redeveloped with 175 affordable units above a...

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SF’s quiet Excelsior becoming affordable-housing hot spot

on Dec 6 2017 - 10:50am

Source: San Francisco Chronicle By J.K. Dineen | December 3, 2017  A residential development boom is quietly taking shape in San Francisco’s Excelsior district, an unpretentious enclave that residents often complain has been forgotten when it comes to investment and services. On Monday, a development group is set to submit plans for a 426-unit apartment complex on outer Mission Street, a project that would include a new Safeway grocery store, a neighborhood health center and other retail. The Mission Street project, a joint venture between nonprofit developer Bridge Housing and the National Electrical Benefits Fund, combines two of the largest plots of land in the neighborhood: the Valente Marini Perata & Co. funeral-home site at 4840 Mission St. and the Safeway at 4950 Mission St., just south of the recently closed mortuary. Combined, the two parcels cover 3½ acres. In the first phase of the plan, the funeral-home site would be redeveloped with 175 affordable units above a...

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News Archive

Real Estate Tax Questions And Answers

on Feb 16 2017 - 9:13am

Bay Area Senior Condo Housing Options

on Sep 26 2016 - 5:36pm

The Gateway - 11A Candlestick Point

on Aug 19 2016 - 3:20pm

San Francisco Financial Planning Day

on Oct 30 2015 - 9:20am

SF Moves to Keep Teachers in City

on Oct 26 2015 - 10:53am

1400 Mission St. is here!!!

on Jun 3 2015 - 3:28pm

2014 Housing Expo

on May 16 2014 - 9:05am

Register Now for the 2014 Housing Expo

on Feb 22 2014 - 6:57pm

Affordable Housing Bus Tour

on Sep 27 2013 - 9:01am

Check 'n Go settles suit with refunds

on Dec 31 2012 - 10:28am

The Transition Assistance Program (TAPP

on Sep 20 2012 - 12:01pm

Asset Building: Now More Than Ever

on Sep 17 2012 - 6:47am

Homeowners See Benefits in Bank Plan

on Aug 31 2012 - 9:41am

The Asset Agenda

on Jul 12 2012 - 12:33pm

SF Mayor's Office Launches 16 New Units!

on Jun 12 2012 - 10:35am

Realtors Speak Up for Home Ownership

on May 18 2012 - 8:18am

Affordable Housing in High Demand

on May 15 2012 - 5:43am

Hamp Gets a Revamp

on Feb 2 2012 - 11:50am