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.

In 2015, Mission Housing and BRIDGE Housing were given the nod to build 165 apartments at 1950 Mission.

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.

Community impacts

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

READ MORE: 490 South Van Ness: Transit-oriented design to activate dormant corner

READ MORE: Balboa Park Upper Yard: Site for Outer Mission/Excelsior housing

Mission Housing organizes affordable housing training

People representing several California nonprofits and government agencies in the affordable housing industry participated in a three-day training offered by Mission Housing Development Corporation, in collaboration with NeighborWorks. Photo by Tony Bear!

Regional affordable housing managers converge at Valencia Gardens for NeighborWorks three day training, certification

Three days of intense training for people in the affordable housing industry kicked-off November 14, 2016.

Mission Housing Development Corporation collaborated with NeighborWorks to make an important professional growth opportunity available in San Francisco.

NeighborWorks is a network of more than 240 nonprofit organizations offering technical assistance, grants and training for more than 12,000 professionals in the affordable housing and community development field.

The Consortium for Housing and Asset Management, also known as CHAM, is a collaboration of leaders in the fields of nonprofit affordable housing production and community development. CHAM enables community-based organizations and others in the nonprofit housing industry to responsibly own and professionally manage affordable rental housing. CHAM training helps community development organizations overcome the challenges of managing aging properties and increasingly complex portfolios.

The training encompassed two CHAM courses: Asset Management Fundamentals, and, Financial Fundamentals for Asset Managers. At the end of the training, attendees can test to obtain Asset Management Specialist designation, a certification that they have learned the basic principles of asset management and mastered the tools required to manage property and fulfill the owners’ goals.

Twenty-nine people representing several Bay Area nonprofits and government agencies participated in the training. People from agencies in the cities of Chico and Ventura, California also attended.

“Mission Housing is deeply committed to helping all San Franciscans have access to affordable housing. This training is our way of giving back to the community of professionals who have the same commitment. We all want to add to the long term sustainability and financial viability of affordable housing,” said Sam Moss, Executive Director of Mission Housing.

“Training like this is rarely held in the Bay Area,” said Julie Sontag, an Asset Manager for Mission Housing, and the organizer of the training event. “When we put the word out that the courses would be available here, the community responded very quickly and positively. We look forward to working with our affordable housing partners to offer other courses.”

Mission Housing is providing the Valencia Gardens community room as the site for the training, rent-free. Mission Housing also contributed the staff time needed to organize the event, including daily logistics such as check-ins, catering and staging.

“Our community-serving space at Valencia Gardens is a perfect venue for this training, and a great showcase of what the Mission has to offer,” said Marcía Contreras, Director of Operations and Resident Services at Mission Housing. “Our team is very focused on making sure everyone who attends an event there has a great experience, because it is a reflection on the organization and on our neighborhood.”

The trainers:

Katherine Fleming, since 2014, has been Vice President of Portfolio at BRIDGE Housing. Katherine leads the BRIDGE team that maintains high quality assets and directs short- and long-term portfolio strategies. She also oversees the long term financial, operational and physical health of BRIDGE properties.

Katherine has worked in affordable housing since 1998. Previously, Katherine served seven years as Vice President, Development Risk Manager for RBC Capital Markets Tax Credit Equity Group.

Judy Weber, a principal of VIVA Consulting, has worked in the management and administration of affordable housing since 1986. Judy provides affordable property management services to profit and not-for-profit organizations. She also is a certified instructor in property and asset management, and has provided technical assistance and research in various national studies on the operations of affordable housing.

Judy is a frequent instructor and lecturer on affordable housing management topics at universities, public housing authorities and training institutes. She is a Certified Property Manager® and teaches for the Institute of Real Estate Management.

Information from NeighborWorks.org and CHAM.us contributed to this post