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California  + Bay Area  + Apartments  | 
Nobell Foods is relocating its headquarters to San Francisco

SF Housing Advocates Score with New, Affordable Projects

The goal of increasing access to affordable housing is getting a boost in San Francisco with the city, developers, realtors and housing advocates all hoping for an all-around win on this front. 

Mayor London Breed’s office and the SF Board of Supervisors have closed a deal with Maximus Real Estate Partners and Crescent Heights, a development firm, to add 330 low-income units at 1979 Mission Street.

The land sale to Crescent Heights comes in at $42 million, with the rider that the firm fulfill a prior obligation to add a 55-story residential tower at 10 South Van Ness Ave.

The Chronicle reports that the Office of Housing and Community Development is now seeking a nonprofit to build the affordable housing units.

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Crescent Heights

About Jason Middleton

  • 15111 Katy Fwy

    Houston, TXTexas + Hospitality
    Listing Status:Available
    Listing Type:Call for offers
    Price:$5,250,000
    No. of Units:80
    Year Built:1997
    Lot Size:1.766 Acres
    Opportunity Zone:No
    Price per unit:$65,625
    Learn More
  • PINEWOOD LANE APARTMENTS – 4-PLEX

    Hudson, WIChicago & Midwest
    Listing Status:Available
    Listing Type:Call for offers
    Price:$699,000
    No. of Units:4
    Cap Rate:6.0
    GRM/GIM:14
    Year Built:1987
    Year Renovated:2010
    Building Size:3800 Sq ft
    Lot Size:0.31 Acres
    No. of Stories:2
    APN:236-1764-03-000
    Zoning Code:Multi-Family
    No. of Parking Spots:4
    Buildable Sq ft Min:3800 Sq ft
    Buildable Sq ft Max:3800 Sq ft
    Opportunity Zone:No
    Buy Side Fee:$2
    Price per unit:$174,750
    Learn More
  • North Wayne Road

    Westland, MIChicago & Midwest + Land/Development
    Listing Status:Available
    Listing Type:Call for offers
    Lot Size:2.256 Acres
    Opportunity Zone:No
    Learn More
  • ◦Development
  • ◦Financing
  • ◦Policy/Gov't
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