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Home > Cities Today > Cities Today 20 > San Francisco to invest US$8.8 million in affordable housing

San Francisco to invest US$8.8 million in affordable housing

UNITED STATES

Edwin Lee, Mayor of San Francisco
Photo: Rikki Ward

San Francisco will be granted US$8.8 million to help fund two affordable housing projects in the Tenderloin and South of Market neighbourhood. Using proceeds from its cap-and-trade auction, the state will provide US$2.3 million for the Tenderloin Neighborhood Development Corporation Eddy and Taylor Family Housing project, which will develop 103 affordable housing units, and US$6.5 million for the Mercy Housing 222 Beale Street project that will provide 120 affordable residential units.

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Cities without borders How mayors are taking the lead on the migrant crisis - The new role of insurers in resilience planning - Which city will be first to carbon neutrality? -The need for global standards on urban data Cities Today is the only global magazine containing analysis, comment and best practices on sustainable urban development, connecting local governments with public and private sector solutions. With an expert editorial advisory board comprising the World Bank, UN-Habitat, UNEP, and city associations ICLEI, C40, UCLG ASPAC, UCLG Africa, UCLG MEWA, Sister Cities International and FLACMA, the publication highlights the challenges facing city leaders and local governments in mobility, finance, smart technology, health care, energy efficiency, water, sanitation, security and housing

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