Excess State Land Program on Track to Create 5,550 Homes
The LGMG awards include $10 million to MidPen Housing for the development of a 75-unit affordable housing project located in San Francisco. The project has received more than $20 million in local funding, including an Educator Housing loan from the San Francisco Mayor’s Office of Housing and Community Development. The project will be affordable to households earning between 30% and 120% of the Area Median Income (AMI) and have an occupancy preference for employees of the San Francisco Unified School District or San Francisco Community College District.
California Strategic Growth Council Approves $750M for Affordable Housing
$31.9M awarded to MidPen for 92 affordable homes in San Francisco.