Affordable Housing for Veterans and Families Exiting Homelessness Breaks Ground in San Francisco

Affordable Housing for Veterans and Families Exiting Homelessness Breaks Ground in San Francisco

September 6, 2024

The City and County of San Francisco has broken ground on a new affordable housing development, moving the needle on the goal to break ground on almost 3,000 units this year. 2550 Irving Street will be a 100-percent affordable housing development in San Francisco's Sunset neighborhood, providing 90 new affordable homes for households earning up to 75 percent of Area Median Income. Thirty-seven of those units are designated for formerly homeless families and veterans.

This new development, a Tenderloin Neighborhood Development Corporation project, was made possible by funding from both the Mayor's Office of Housing and Community Development and HCD's Multi-Family Housing Program (MHP). The project also received an Infill Infrastructure Grant, bringing HCD's contribution to more than $36 million.

"Projects like 2550 Irving meet HCD's goals of helping families remain-and thrive-in high-resource neighborhoods while reducing emissions by connecting residents to jobs and opportunity through proximity to transit," said HCD Director Gustavo Velasquez. "With so many units dedicated to our deserving veterans and to families who had faced homelessness in the Sunset District, this development with its communal outdoor spaces will provide a true sense of home and community for residents."

2550 Irving Street will include 2,250 square feet of ground floor community-focused space, supporting neighborhood activities and providing office space for exclusive use by the Sunset Chinese Cultural District. The site is one block from Golden Gate Park and close to libraries, schools, transit opportunities, and the Veterans Administration hospital.

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