The San Francisco Board of Supervisors is scheduled to vote later today to provide a $115.8 million construction loan for affordable housing at Transbay Block 2 East. The proposal is expected to rise 17 stories tall and bring 184 below-market-rate rental apartments to 200 Folsom Street in the heart of the densely-developed Transbay neighborhood. Mercy Housing is the project sponsor.
Concrete has passed the halfway point for the new affordable housing complex rising at 600 7th Street in SoMa, San Francisco. The project, named 7th and Brannan, is among the biggest active sites in the city, with over 221 units to be opened once complete. Mercy Housing is the project developer.
Construction has started for the four-story affordable housing complex at 231 Grant Avenue in Palo Alto, Santa Clara County. The project will open 110 units for teachers, school district staff, and their families, including staff in Santa Clara County and several southern San Mateo County school districts. The project has been a joint venture between Abode Communities and Mercy Housing.
Demolition permits have been filed for the existing single-story terminal building of Transbay Block 2 at 200 Folsom Street in SoMa, San Francisco. The permit was proceeded by new building permits from mid-November of last year for two future affordable housing developments with a total of 335 homes. The city’s planning department has yet to issue the permits to both developer, Mercy Housing, and the Chinatown Community Development Center.
New renderings have been published for a five-story affordable housing infill at 555 Kelly Avenue in Half Moon Bay, San Mateo County. The project will replace a single-story structure and parking with 40 homes and new space for ALAS, a Latino-centered nonprofit organization providing the Coastside community with cultural and social services. ALAS and Mercy Housing are jointly responsible for the application.
