San Francisco Housing Accelerator Fund
Mercy Housing Opens 145-Unit 1633 Valencia Senior Housing in San Francisco at Roughly Half the Typical Cost
Mercy Housing California and its partners cut the ribbon on 1633 Valencia, a 145-unit permanent supportive housing community for formerly homeless seniors that...
San Francisco Advisory Committee Recommends Slashing Inclusionary Housing Rate to 5% as Construction Stalls
The proposed two-thirds reduction from the current 15 percent requirement aims to revive a frozen development pipeline, but the Board of Supervisors must...
Sobrato Opens First 100% Affordable Housing Project in Redwood City, 120-Unit The Millton
The Sobrato Organization’s 120-unit The Millton apartments signal a broader strategic pivot for the family-owned firm, which has spent decades building corporate campuses...
Oakland Fund for Public Innovation Acquires 33-Unit Idora Apartments in Temescal for $12.6MM
Nonprofit’s purchase from St. Regis Properties at $381,818 per unit marks a rare mission-driven acquisition in a distressed Oakland multifamily market Oakland’s multifamily...
Mercy Housing’s 146-Unit Senior Housing Development in San Francisco Nears Completion
The six-story building at the Mission-Bernal Heights border delivers permanently affordable studios for low-income seniors, with rents capped at 30 percent of residents’...
Mayor Lurie’s Latest Affordable Housing Play: Kill the Rules That Kill the Projects
Proposed ordinance introduced by Mayor Lurie would exempt nonprofit builders from ground floor commercial mandates, expand temporary use authorizations, and streamline conversion of...
SFHAC Lists for Sale 36,900 SQFT Historic Office Building in Downtown Oakland
A 36,962-square-foot office building located at 304 12th Street in Downtown Oakland has been listed for sale, with pricing guidance currently undisclosed. The...
Apple and Sobratos Back $50MM Fund for Affordable Bay Area Housing Developments
In a move to address the escalating housing crisis in the Bay Area, tech giant Apple and Silicon Valley billionaire philanthropist John Sobrato...
San Francisco Housing Accelerator Fund Secures $100MM Commitment from First Republic Bank to Finance Affordable Housing
Major commitment from First Republic will help nonprofit lender preserve and produce more than 2000 affordable homes in San Francisco over the next...
