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

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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617 Laguna Street

City Proposes Acquisition of Former Village at Hayes Valley for Department of Public Health

New plans have been submitted for the City of San Francisco to acquire three structures at 601, 617, and 624 Laguna Street in Hayes Valley, San Francisco. The project proposal includes the construction of a new Dual Diagnosis care facility on the top floors and the ground level conversion into transitional housing for at-risk youths. Pacific SFO LLC is the property owner.

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1979 Mission Street property outlined approximately according to site map, image via Google Satellite

Developers Can Apply to Partner with City for 1979 Mission Street, Mission District

The Mayor’s Office of Housing and Community Development has announced an official Request for Qualifications, seeking potential development partners to build at 1979 Mission Street in San Francisco’s Mission District. The property had previously seen the ‘Monster in the Mission’ proposal, a contentious ten-story apartment by Maximus. Now, the city-owned lot will become 100% affordable housing thanks to an agreement with Crescent Heights, the developer behind a 55-story proposal in The Hub.

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