Big picture
San Francisco secured about $93 million in state funding through California’s Affordable Housing and Sustainable Communities program. The money will go toward two 100 percent affordable housing developments and related transit and infrastructure improvements. One project at 1939 Market Street will build 187 deeply affordable homes for LGBTQ-plus elders, long-term HIV/AIDS survivors, formerly unhoused seniors and low-income veterans, including transit upgrades and streetscape work around the site. Another on Treasure Island (Parcel IC4.3) will create 150 permanently affordable rental homes for low-income households with community services and improvements to local transit access. Combined, the projects will deliver more than 330 new affordable homes and help upgrade nearby transit and active-transportation facilities.
Why this matters
San Francisco faces a long-standing affordable housing shortage and a transit system that needs investment. This state funding helps push two major developments from plan toward reality, placing homes near transit, services and jobs. The focus on equity — especially housing for underserved groups such as LGBTQ+ seniors and people coming out of homelessness — responds to gaps in the local housing market. Pairing housing with transit improvements also supports better mobility, safety and sustainability in neighborhoods that have struggled with access and affordability. Getting this funding now is a concrete step forward for housing production and connected communities in the city.