San Francisco’s mayor announces purchase of new affordable family housing in the Mission

By KRON – excerpt

SAN FRANCISCO (KRON) — On Wednesday morning, June 8, 2015, San Francisco Mayor Edwin M. Lee announced a new affordable family housing site in the Mission district of San Francisco. He introduced an $18.5 million purchase and sale agreement to the Board of Supervisors to allow the City to acquire a previously entitled market-rate parcel at 490 South Van Ness Avenue at 16th Street. The plan is to convert the site to permanently affordable family rental housing. The City plans to construct a 90, 947 square foot, 7-story affordable housing development with ground floor retail and at least 72 family-sized permanently affordable housing rental apartments…

“This represents another victory for the people of the Mission who have called upon the City to prioritize the limited land left in the Mission for affordable housing,” said Supervisor David Campos. “I want to thank the Mayor for purchasing this site and look forward to continuing to work with him to secure additional sites so we can truly preserve the diversity of people and families in this neighborhood.”… 

This will be the fourth new, multi-family affordable housing development in the Mission neighborhood to get underway this year. Other sites in progress include: 1950 Mission Street with over 120 units of family rental housing that MOHCD just concluded the developer selection process; 17th and Folsom Streets, which will add another 100 units of family transition-aged youth housing to the neighborhood for which MOHCD recently received development proposals; and 1296 Shotwell Street, which will house at least 50 low-income and homeless seniors, for which MOHCD issued an RFP on July 3rd. MOHCD is working with Mission Neighborhood Center on a site at 24th and Harrison Streets for the development of approximately 35 affordable senior housing apartments… (more)

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