$155M Worth Of STEAM
In this week’s newsletter, we chronicle the christening of City College's new $155 million facility and more.
The $84 million Scattered Sites project rehabilitated 66 affordable and three management units across five buildings.
A former public housing development on Randolph Street was one of five to be fixed up through City Hall’s Scattered Sites project.
The $84 million project was designed to preserve a total of 69 units of affordable housing across the city in areas where new housing has been scarce, according to a news release from the mayor’s office.
“Preservation of existing housing affordable for lower-income and vulnerable residents is a key priority in the City’s Housing Element, which sets out a plan for San Francisco to create over 82,000 new homes in the next eight years,” according to the news release. “The plan calls for additional funding for affordable housing production and preservation like the investments in these homes.”
The San Francisco Housing Authority and contracts celebrated the project completion at the grand opening of 363 Noe St., one of the five projects earlier this month.
“I am proud of our collaborative work to ensure San Francisco is a place that provides vulnerable populations the opportunity to access housing in neighborhoods across the City,” Mayor London Breed said in a statement.
The $84 million Scattered Sites project, which rehabilitated 66 affordable and three management units, was supported by $7.4 million from MOHCD and $32 million in tax credits through the California Debt Limit Allocation Committee.
The building locations are:
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