City Seeking More Diverse Local Feedback For Balboa Reservoir Redevelopment

on Mar 17 2017 - 4:30pm

By: Hoodline The future housing development is currently a parking lot for San Francisco City College. | Photos: Will Carruthers/Hoodline Wed. March 15, 2017, 5:36pm City officials and the community advisory board for the Balboa Reservoir redevelopment project hope to involve a wider cross-section of the community in an upcoming meeting in which developers will present proposals for the site. On March 9th, the San Francisco Public Utilities Commission announced the three developer teams chosen through a request for qualifications to submit proposals for a 50 percent affordable housing development on the 17-acre PUC-owned lot. San Francisco City College is currently using the site, located off Ocean and Phelan avenues in Balboa Park, as a parking lot. The three competing developer teams are: AvalonBay Communities and BRIDGE Housing with Mission Housing, Pacific Union Development Company, and Habitat for Humanity of Greater San Francisco Emerald Fund...

Read More

2070 Bryant Street Affordable Family Housing in the Mission

on Mar 14 2017 - 9:50am

By MEDA RISING IN THE FACE OF A HOUSING CRISIS San Francisco’s Mission District has always been a supportive place for low-income and immigrant Latinos, but it’s now one of the most unaffordable neighborhoods in the country. In fact, 8,000 Latinos have been forced from their homes in the last decade — that’s over 25 percent of this community. MEDA is using our 40+ years of experience to keep Latinos and working families 
in the Mission District and help them thrive. The proposed 2070 Bryant development, designed by Mithun architects, calls for 130 affordable apartment rentals for families. Forty-two percent of units will be two bedrooms or larger, with 30 percent of apartments set aside for formerly homeless families. VISION MEDA and Tenderloin Neighborhood Development Corporation (TNDC) were selected as the joint-venture nonprofit developers of 2070 Bryant by the San Francisco Mayor’s Office of Housing and Community Development (MOHCD). Three key goals for 2070 Bryant are: Fostering...

Read More

Price of Renting a Room in SF Has Dropped 12% from Peak

on Mar 13 2017 - 11:26am

By SocketSite With the weighted average asking price of renting an apartment in San Francisco having now dropped over 8 percent since peaking in the fourth quarter of 2015, which brings us back to late 2014 prices, we thought we’d slice the data in a different way. And in fact, if we look at the trend in San Francisco rents on a “per room” basis, the decline in cost would appear to be closer to 12 percent since late 2015 and climbing. For the purposes of our analysis, we considered a studio to be a single room, a one-bedroom two, a two-bedroom three, and so on and so forth, as have plenty of roommates over the past couple of years. And while the cost per room hasn’t declined as much in Oakland, it has been declining since the beginning of the year and is currently running around 6 percent.

Read More

How to Buy A Home In SF - While Not Being Filthy Rich

on Mar 10 2017 - 10:02am

  By Sarah C Brady         It’s common knowledge that you need a bizillion dollars to buy a home in San Francisco. A slightly less known (and less fictional) fact is that homeownership is an actual possibility for us thousand-aire residents of the SF. The city of San Francisco, like some other metropolitan centers in the U.S., offers a program to help us plebeians buy decent homes within city limits. The majority of us here in the 7x7 potentially qualify but just don’t know about the option.   What is This Magical Program?   It’s called the Below Market Rate Inclusionary Housing Program (BMR). The BMR program exists because the city of San Francisco requires developers to set aside 12% of their newly developed units for sale as affordable housing. These BMR units are just like other brand new units, except that they’re specially priced to be affordable for low-to-mid-income residents.  Fun Fact: I used...

Read More

Stakeholders get questions answered at Navy's February Community Meeting Open House

on Mar 6 2017 - 11:36am

By SFHDC Stakeholders get questions answered at Navy's February Community Meeting Open House More than 200 community members attended the Navy's Community Meeting Open House for Hunters Point Naval Shipyard (HPNS) on Wednesday, February 8, 2017. The meeting was held in the City of San Francisco's Office of Community Investment and Infrastructure (OCII) community room next to The Storehouse on Galvez Avenue, just outside of the HPNS main gate. Information on the meeting topic, Radiological Cleanup at HPNS, was offered in an open house format to allow participants the ability to visit a series of nine stations, including seven posters, at their own pace and address questions directly to subject matter experts from the Navy, the City of San Francisco, and state and federal regulatory agencies. In addition, participants were able to view a pre-recorded presentation on the topic. This meeting gave the Navy the opportunity to meet many new community members and...

Read More

News Archive

Real Estate Tax Questions And Answers

on Feb 16 2017 - 10:13am

Bay Area Senior Condo Housing Options

on Sep 26 2016 - 6:36pm

The Gateway - 11A Candlestick Point

on Aug 19 2016 - 4:20pm

San Francisco Financial Planning Day

on Oct 30 2015 - 10:20am

SF Moves to Keep Teachers in City

on Oct 26 2015 - 11:53am

1400 Mission St. is here!!!

on Jun 3 2015 - 4:28pm

2014 Housing Expo

on May 16 2014 - 10:05am

Register Now for the 2014 Housing Expo

on Feb 22 2014 - 7:57pm

Affordable Housing Bus Tour

on Sep 27 2013 - 10:01am

Check 'n Go settles suit with refunds

on Dec 31 2012 - 11:28am

The Transition Assistance Program (TAPP

on Sep 20 2012 - 1:01pm

Asset Building: Now More Than Ever

on Sep 17 2012 - 7:47am

Homeowners See Benefits in Bank Plan

on Aug 31 2012 - 10:41am

The Asset Agenda

on Jul 12 2012 - 1:33pm

SF Mayor's Office Launches 16 New Units!

on Jun 12 2012 - 11:35am

Realtors Speak Up for Home Ownership

on May 18 2012 - 9:18am

Affordable Housing in High Demand

on May 15 2012 - 6:43am

Hamp Gets a Revamp

on Feb 2 2012 - 12:50pm