News
Checking in on BMR Units Coming to 1600 Market Street
on May 23 2013 - 12:55pmChecking in on BMR Units Coming to 1600 Market Street Tuesday, May 21, 2013, by Michael Conrad http://sf.curbed.com/archives/2013/05/21/checking_in_on_bmr_units_coming... While not nearly as alluring as previous designs for this 5,200 sq. ft. parcel near the corner of Market and Franklin streets, 1600 Market has risen to its full height and general shape. The Hayes Valley project will feature 24 below market rate units (satisfying requirements for the also under construction 1960 Market Street) and over 3,600 sq. ft. of retail. No parking will be built for this property, as it's adjacent to Muni's Market Street subway tunnel and several bus lines. Completion of the building is expected later this year, and there's no word yet on pricing.
Read MoreVanishing City- Cover Story in the SF Bay Guardian
on May 22 2013 - 10:52amVanishing City Up against intense market pressure, longtime residents and community projects fade from SF 05.21.13 - 8:34 pm | Rebecca Bowe | rebecca@sfbg.com http://www.sfbg.com/2013/05/21/vanishing-city?page=0,4 On a recent Tuesday night, some of the city's most influential developers, architects, and land-use lawyers gathered in a conference room at the ritzy W Hotel for a panel discussion, titled, "San Francisco's Housing Crisis: Can the Tech Boom Help Us?" It was a provocative question by any measure, but equally intriguing was the lack of even a hint of objection to the dead-serious framing of increasing unaffordability as a "crisis." Even among well-heeled property brokers at the event, which was hosted by San Francisco Magazine and the San Francisco Housing Action Coalition, there appears to be universal acceptance that the city stands at a crossroads. "The question asks itself: Who gets to live in San Francisco?" Tim Colen, HAC's executive director, stated by way of...
Read MoreAttorney General Kamala D. Harris Announces $9.4 Million in California Homeowner Assistance Grants
on Apr 25 2013 - 12:24pmApril 19, 2013 by RealEstateRama Category: News || Foreclosures, Grants, Homeless & Crisis Assistance SAN FRANCISCO, CA – April 19, 2013 – (RealEstateRama) — Attorney General Kamala D. Harris today announced California’s National Mortgage Settlement Grant Program has awarded $9.4 million to 21 organizations in order to assist Californians affected by the state’s foreclosure crisis. “The foreclosure crisis has inflicted wide-ranging and deep harm to California homeowners and communities,” said Attorney General Harris. “These grants will give homeowners and families the financial and legal tools they need to recover.” The grants will benefit many of the state’s neediest homeowners and families by providing or expanding access to free legal assistance and representation, foreclosure intervention aid, homeowner education and financial literacy clinics, blight remediation services, fraud prevention education and employment support services. Many of the organizations receiving grants...
Read MoreAttorney General Kamala D. Harris Announces Arrests in ‘We Kill Your Mortgage’ Scheme; Seizure of Fraudulent Websites
Posted by Shannon Way, Program Manager from HomeownershipSF on Jan 28 2013 - 11:04amAttorney General Kamala D. Harris Announces Arrests in ‘We Kill Your Mortgage’ Scheme; Seizure of Fraudulent Websites SANTA ROSA -- Attorney General Kamala D. Harris today announced the arrest of three suspects who have been charged in a mortgage fraud scheme targeting struggling Northern California homeowners. Six websites allegedly used by the suspects to advertise their scheme have been intercepted and redirected to a resource page on the California Attorney General’s website. The felony complaint alleges that Ronald Vernon Cupp, 58, of Santa Rosa, deceived homeowners by falsely advertising a way to “kill” their mortgage debt on six websites including www.wekillyourmortgage.com. Cupp was assisted by Randall Gilbert Heyden, 69, of San Rafael, and Angelle Wertz, 38, of Santa Rosa, a public notary who allegedly certified phony legal documents. Cupp allegedly recorded fraudulent documents, which would only delay a foreclosure, not actually satisfy the...
Read MoreBank of America Awards $22 Million to Address Immediate Needs
Posted by Shannon Way, Program Manager from HomeownershipSF on Jan 24 2013 - 11:54amThe Bank of America Charitable Foundation has announced grants totaling nearly $22 million to more than a thousand nonprofits working to address critical needs in communities across the United States. The majority of grants will support nonprofits serving low-income communities that have been disproportionately affected by the economic downturn, with more than half the funding going to efforts to meet growing demand for food and shelter. Grant recipients include Feeding America and its network of more than two hundred local foodbanks and food rescue organizations nationwide. Other grants — including more than $7 million awarded to over a hundred and twenty local United Way organizations — will be used to address longer-term needs, connecting people to benefits, financial assistance and credit repair programs, budget counseling, and income tax-filing assistance. In addition, the foundation is accepting grant applications from nonprofits working in the areas of workforce...
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