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Old Posted Apr 29, 2021, 12:39 AM
timbad timbad is offline
heavy user of walkability
 
Join Date: May 2008
Location: Mission Bay, San Francisco
Posts: 3,150
Quote:
Originally Posted by timbad View Post
...

this is the southern-most parcel of the project, which I think is to be affordable. directly behind where the first pic above was taken from. (and with 30 Otis visible in the background)

just came across this talking about that affordable component at 35 Colton



Quote:
project that will create 96 affordable and supportive efficiency studio apartments for formerly homeless adults, which is expected to be complete in 2022. All of the units will be reserved as part of the Coordinated Entry System that assesses, prioritizes and matches individuals experiencing homelessness with housing opportunities.

... the AFL-CIO Housing Investment Trust... launched a $1B initiative in September to fuel jobs and housing creation in the Bay Area in response to the economic downturn caused by the coronavirus pandemic. Over the next five years, the fund is geared to invest $500M in multifamily projects in the region. HIT will invest $19.1M in the 53 Colton project, one of the first to be funded by the initiative.
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