Mission Housing developing 344 new affordable units throughout SF
Aerial views of the dormant corners being developed into affordable housing by Mission Housing – 490 South Van Ness (left) and Balboa Park Upper Yard. Photos: Google.
Mission Housing awarded two new contracts in as many months, to develop new 100% affordable housing throughout San Francisco; three separate multi-family rental complexes set to break ground in 2017 and 2018
November 3rd, 2016, the San Francisco Mayor’s Office of Housing and Community Development, also known as MOHCD, selected the team of Mission Housing Development Corporation and BRIDGE Housing to be the developers of 100 percent affordable housing at the corner of 16th Street and South Van Ness Avenue.
The development, known as 490 South Van Ness, will deliver upwards of 89 units of new family housing on a Mission District site acquired by the city in 2015. The residents will be low and very low income families, and formerly homeless families. Thanks to recent San Francisco legislation, many of the units will be dedicated to housing District 9 residents, or people living within one mile of the site.
Mission Housing on a roll
Now, with the award of the 490 South Van Ness contract, Mission Housing has three apartment complexes in the planning stages. In October 2016, Mission Housing and Related California won the development rights to erect at least 90 units of housing at the Balboa Park Station Upper Yard, currently two adjacent parking lots owned by the city and Bay Area Rapid Transit (BART). Public space improvements tied to the Upper Yard development are on an adjacent parcel owned by BART.
The 344 apartments on the drawing board at Mission Housing will be the most affordable housing units built in the Mission District and its neighbor, the Excelsior District, since 2006. The construction will be financed with a combination of city dollars (i.e.: the housing bond) and federal low-income housing tax credits that are sold to investors.
All of the units in the Mission Housing pipeline will be built using union labor. Once completed, Mission Housing will take the lead in delivering comprehensive supportive services to the residents and the surrounding communities. A variety of partner community agencies will have facilities and/or operations located on site. The goal: To help stabilize vulnerable residents, and propel them toward self-sufficiency.
“We’ve been entrusted with a valuable asset — land,” said Sam Moss, Executive Director of Mission Housing. “We are proud to have been chosen as the builder to activate some long-dormant spaces in San Francisco, providing jobs, housing and services where they are most needed.”
READ MORE: 1950 Mission breaks ground in 2017