Nonprofit Wants $12 Million In City Funds To Build Teacher Housing In Mission

San Francisco CA

24 February, 2022

5:34 AM

Description

By Annika Hom, Mission Local February 23, 2022 A Mission District nonprofit is asking the city for $12 million to build housing for teachers at 18th and Mission streets. The Mission Economic Development Agency is one of several community organizations vying for funds from Proposition I, a voter-approved measure that doubled the transfer tax on certain real estate transactions. Prop. I sets aside millions of dollars each year for publicly owned "social housing." According to the city controller, the measure is expected to generate $170 million in each of the next four fiscal years. To read the full article, click here. Mission Local covers San Francisco from the vantage point of the Mission, a neighborhood with all of the promise and problems of a major city. You can support Mission Local here.