New Market-Rate & Low Income Housing Coming Up in Mission District
The Mission of late has been gentrified with up and coming professionals and more trendy retail and dining spots moving in, and with Latino Americans making it home and adding Hispanic neighborhood flavors. Yet the homes available are few and far between.
Now, according to a report from bizjournals.com, there are several developers (including nonprofit) set to go forward with some 1,000 home units in the Mission. Many will be market rate priced. This 1,000 new home figure matches the number of new home units approved in the Tenderloin.
One of the developers is the nonprofit Mission Economic Development Agency which has four construction projects building 500 home units for low income San Franciscans.
Check out the full story and slide show here.