Affordable housing units created by providing nonprofits with loans to purchase buildings. The Small Sites Program (SSP) in San Francisco is a publicly funded loan program designed to create permanently affordable units, improve housing conditions, and stabilize housing for vulnerable populations. SSP offers financing for nonprofits to purchase and improve multi-family residential buildings, which are then maintained as permanently affordable units. For instance, the Mission Economic Development Agency has acquired and rehabilitated 177 units to become permanent affordable housing for tenants with low- to moderate-incomes. Learn more.

 

Photo: Ani Rivera in front of her apartment building purchased by the nonprofit MEDA through San Francisco's Small Sites program. Kevin N. Hume/S.F. Examiner

Monday, April 22, 2019