Habitat for Humanity Greater San Francisco Turns Vacant Lot into Development of 28 Single-Family Homes

Completed development brings long-awaited affordable housing to San Francisco neighborhood

SAN FRANCISCO – January 28, 2017 – Habitat for Humanity Greater San Francisco announces the completion of Habitat Terrace, turning a vacant lot into an affordable housing development of 28 three-story single-family homes in San Francisco’s Ocean View neighborhood. Habitat Greater San Francisco will welcome home its newest homeowners on Saturday, January 28th at 10am at Habitat Terrace, located at 1 Capitol Avenue, San Francisco, CA 94112. Interviews will be available with Habitat families.

Habitat Terracewill bring much-needed affordable housing to San Francisco’s Ocean View neighborhood. Ocean View is one of the lowest-ranking districts in San Francisco for new affordable housing developments. Households in this neighborhood also have the highest percentage of families who pay at least half of their income on rent.

The incoming 11 Habitat homeowners all currently live in San Francisco and all within a few miles of Habitat Terrace. Many of the new homeowners are longtime San Franciscans who have been in the city from anywhere between 7 to 38 years. Habitat’s newest homeowners make up the backbone of our workforce most of whom work in the healthcare, hospitality, transportation, and construction industries and are elated to be able to remain in San Francisco – the city where they have built close-knit communities, grew their careers and where they school their children. Habitat families are expected to move in the final week of January.

“In the face of the housing crisis, affordable homeownership provides a long-term solution for families to actually remain in the Bay Area by giving them an opportunity to build equity and ensure generational stability,” said Maureen Sedonaen, chief executive officer of Habitat Greater San Francisco. “Homeownership is an incredibly important wealth-building strategy for low- and moderate-income Americans and in the Bay Area it has become increasingly difficult to participate in that American dream.”

In 2012, Habitat seized an opportunity to purchase an underutilized parcel of land at the bottom of the housing market. This one-acre plot of land later became Habitat Terrace. The land purchase signified a foray into uncharted territory for Habitat Greater San Francisco. Historically, Habitat acquired land through partnering with redevelopment agencies (RDAs), which would identify areas in need of affordable housing and help fund the acquisition. Due to cuts in state funding over the years, RDAs were eliminated. Now, affordable housing developers must not only identify, but purchase land to build.

In effort to stay relevant after RDAs dissolved, Habitat capitalized on purchasing land in the market downturn. In the post-RDA landscape, Habitat has since sought after more land and replicated this concept, creatively finding and purchasing land to build affordable housing. This can be seen in Novato at Mt. Burdell Place, which is under development, and also in Redwood City, where a future development will soon break ground.

Habitat Terrace would not be possible without the support of our generous volunteers and donors. Habitat’s biggest philanthropic partners for Habitat Terrace include: PG&E, Wells Fargo, Salesforce, Solid Rock Foundation, and Oracle. More than 234,000 volunteer hours went into making the Habitat Terracedevelopment possible. The development is also GreenPoint Rated through Build It Green and features key sustainable design elements, including: drought-tolerant landscaping, ENERGY STAR appliances, and rooftop solar panels, which is expected to generate a substantial amount of energy for Habitat Terrace families.

Habitat Greater San Francisco remains the only provider of affordable homeownership opportunities for households in the 40%-80% area median income range. All new homeowners have completed an extensive selection process, including a review of their financial status, job history, residency, and other qualifications. Habitat applicants must meet certain income guidelines, have good credit, a minimal level of debt, and be willing and able to perform the 500 hours of labor to build their own home.

Join Habitat Greater San Francisco on January 28th from 10am-noon as we welcome our newest families home in a public dedication and key passing ceremony at 1 Capitol Avenue, San Francisco, CA 94112. This brings the total number of homes built in San Francisco by Habitat to 235 homes built over the last 27 years.

Video assets and b-roll of the construction site, volunteers and families are available upon request. A full photo bank can be found online.

About Habitat for Humanity Greater San Francisco
Habitat for Humanity Greater San Francisco builds homes and community in partnership with thousands of annual volunteers, hard-working families, donors, civic leaders and other engaged community members in Marin, San Francisco and on the Peninsula. This combined community effort helps us provide a critical path to financial security for families who live and work here and strengthen neighborhoods across the Bay Area. Learn more atwww.habitatgsf.org.

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