$117 Million Allotted In State Funding For Affordable Housing In San Francisco
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.