The City of San Francisco has officially opened the 2021-built apartment complex as a permanently affordable supportive housing facility at 333 12th Street in SoMa. The project was developed by Panoramic Interests and grabbed headlines as the first in San Francisco to utilize the State Density Bonus program. The city purchased the development last summer, less than a year after opening.
The City of San Francisco is considering purchasing 333 12th Street, an eight-story residential development recently built in SoMa, San Francisco. The move is symbolically significant, as 333 12th Street was the first proposal in the city to use the State Density Bonus Program, increasing its residential capacity by 35%, with 200 multi-family units. Now, the building may become part of the city’s mission to end family homelessness. The City and County of San Francisco Department of Homelessness and Supportive Housing would become the property owners.