San Francisco Receives $37 Million for Affordable Housing

A man walks by a homeless tent in San Francisco, Calif., on March 7, 2024. (John Fredricks/The Epoch Times)

San Francisco will receive nearly $40 million to fund the creation of affordable housing thanks to a state program, city officials said this week.

“This funding unlocks our ability to move on building affordable housing units for families in San Francisco at a crucial time. We understand the level of need for more housing that is accessible, and like the state, the City continues to face a challenging budget cycle,” said Mayor London Breed in an April 30  press release.

The state’s Department of Housing and Community Development awarded $37.9 million through its Multifamily Housing Program, which will go toward completing a low-income project of 168 units in the city’s Mission District.

San Francisco Supervisor Hillary Ronen said the site in question—at 1515 South Van Ness Avenue—is temporarily being used for homeless related services and shelter and commended state housing officials for approving the recent funding.

“I am thrilled [the housing department] has recognized the value of this development, and we are finally ready to break ground,” she said in the same press release.

The site was purchased by the City and County of San Francisco in 2019 after sitting vacant for four years, officials said. The project is now expected to begin construction next year.

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When completed, the site will also include family-friendly amenities and ground floor community spaces, according to officials.