440 Geary Street

440 Geary Street, via Google Street View

City Requests $47 Million To Pay Construction Loan for Hotel Diva Conversion

4:30 am on September 12, 2023 By YIMBY Team

The City’s Department of Homelessness and Supportive Housing and the Episcopal Community Services have submitted a request to the San Francisco Board of Supervisors for a $47.38 million permanent loan related to the conversion of Hotel Diva at 440 Geary Street into permanent supportive housing. The financing will pay off the construction loan from the San Francisco Housing Accelerator Fund (HAF). Department of Homelessness and Supportive Housing (HSH) with co-applicant Episcopal Community Services (ECS) as owner and service provider.

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440 Geary Street, via Google Street View

New Hotel-to-Homeless Housing Planned at 440 Geary Street, Nob Hill, San Francisco

5:00 am on October 26, 2020 By Andrew Nelson

Permits have been filed by the Episcopal Community Services in partnership with the City to convert a seven-story hotel at 440 Geary Street into a permanent housing shelter. This follows permits in September to transform the hotel at 1000 Sutter Street, both of which are funded by the same SF Homekey program. This purchase cost $29.1 million following a recent declaration for more funding by Governor Gavin Newsom.

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