Articles Recently Tagged: Affordable Housing

(42 posts)

New Law Could Radically Alter Who Gets Affordable Housing In S.F.

As it currently stands, affordable or ‘Below Market Rate’ housing units in San Francisco are allocated by lottery with preferences given to households that hold a rare Certificate of Preference or tenants who have recently been evicted by way of the Ellis Act.  And being a resident in the... Read More »

The Budget And Renderings For 120 Affordable Transbay Units

The Budget And Renderings For 120 Affordable Transbay Units

With the cost of lumber spiking, the proposed structural design for the below market rate (BMR) building to rise on Transbay Block 7 – stretching from Fremont to Beale along Clementina, behind Golub’s 32-story tower dubbed “Solaire” rising at Fremont and Folsom on Transbay Block 6 – was changed from primarily wood... Read More »

Affordable Housing Bond Cost Analysis

According to San Francisco’s Controller, if the proposed $310 million Affordable Housing Bonds measure, Proposition A, is passed this November, the estimated average cost for the bonds, collected in the form of a property tax surcharge, will be $8.09 per $100,000 of assessed property value through 2039. The benefits... Read More »

Refined Designs And Timing For Development Fronting Fourth

Refined Designs And Timing For Development Fronting Fourth

The designs for the mixed-use development to rise at 1300 Fourth Street (a.k.a. Mission Bay Block 6 East), with 142 affordable apartments and a managers unit over up to seven ground-floor commercial spaces fronting the Fourth Street corridor, have been refined and newly rendered. As designed by Mithun Solomon... Read More »

Purchase Of Land To Build $889K Affordable Apartments Approved

Purchase Of Land To Build $889K Affordable Apartments Approved

San Francisco’s Board of Supervisors has unanimously approved the City’s $18.5 million purchase of the corner parcel at 490 South Van Ness Avenue and 16th Street in the Mission, a site which is approved for the development of a 72-unit building. The City intends to build permanently affordable apartments... Read More »

Budget To Build 72 Affordable Units In The Mission: $888,889 Each

Budget To Build 72 Affordable Units In The Mission: $888,889 Each

According to a Project Manager at the Mayor’s Office of Housing, the total project cost for the 72-unit building which the City is planning to develop at 490 South Van Ness Avenue and 16th Street in the Mission has been estimated at $64 million or roughly $888,889 per unit.... Read More »

Mission District Site For 165 Affordable Units Awarded To Developers

Mission District Site For 165 Affordable Units Awarded To Developers

The development rights for the former Phoenix Continuation High School site at 1950 Mission Street, a half-block from the contentious 330-unit building proposed to rise at Mission and 16th, have been awarded to Mission Housing Development Corporation and BRIDGE Housing.  The team plans to build 165 apartments for low-income... Read More »

UPDATE: Surplus Land Ballot Measure Withdrawn But Returning

The proposed measure sponsored by Supervisors Kim, Avalos, Campos and Mar to prioritize the use of surplus and underutilized city-owned land in San Francisco for the development of “100% permanently affordable housing, including ground floor retail and community facilities and open space” has been withdrawn from the November ballot, but... Read More »

City Preparing RFP For Contentious Affordable Development

City Preparing RFP For Contentious Affordable Development

Identified by the Port of San Francisco as “the greatest affordable housing development opportunity among the Port’s seawall lots in the northeastern waterfront,” the Mayor’s Office of Housing has been working on plans for 115 units of affordable housing to rise up to 65-feet in height on Seawall Lot... Read More »

Housing Policy Hypocrisy In San Francisco?

Housing Policy Hypocrisy In San Francisco?

While the Mayor’s Office has agreed to spend a potential record-setting amount to purchase a Mission District development site in order to build 72 units of affordable housing, the City is poised to approve the development of a 550-foot office tower on Transbay Block 5 at the corner of... Read More »