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Digital Subscriptions > > San Francisco to invest US$8.8 million in affordable housing

San Francisco to invest US$8.8 million in affordable housing


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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