Earlier this week, Mayor London N. Breed announced that San Francisco has been awarded more than $117 million in funding from the California Department of Housing and Community (HCD) for developing three affordable housing projects in the city.
The support was provided by the California Housing Accelerator Fund, which was seeded with a $1.75 billion investment from the federal American Rescue Plan Act.
155 Grove Street, 234 Van Ness, and 240 Van Ness beside 200 Van Ness and the San Francisco Department of Public Health building, image via Google Satellite
The amount will provide the final funding necessary for three affordable housing projects yielding a total of 290 affordable housing units. The units are reserved for families, formerly unhoused individuals, public housing residents, seniors, and individuals with developmental disabilities. These projects include:
- 4200 Geary Boulevard, a 98-unit affordable housing project for veterans and seniors, including those who were previously unhoused
- Sunnydale Block 3B, a 90-unit family housing project with 75% of units set aside for public housing residents and 3,400 square feet of retail space
- The Kelsey at 234 Van Ness Avenue, a 102-unit affordable housing project with 25% of units will be reserved for clients of the Golden Gate Regional Center, a service provider for people with developmental disabilities
These projects are expected to begin construction in early 2023.
4200 Geary Boulevard, rendering courtesy TNDC
Earlier this summer, the city celebrated the groundbreaking of two affordable housing projects funded by the first round of California Housing Accelerator Fund awards. 180 Jones, a 70-unit housing development for low-income residents featuring 35 subsidized units for previously unhoused adults, started construction in June 2022 and is anticipated to welcome its first residents by late 2023.
Star View Court, formerly known as Treasure Island Parcel C3.1, was another accelerator project that broke ground this summer. The 138-unit development was the second affordable project to move forward as part of a larger plan to revitalize and further develop Treasure Island.
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