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- EIN 01-0716217
- (415) 663-6938
- 244 Kearny St 5th Floor San Francisco CA 94108-4526 USA
- www.sfhaf.org
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Nonprofit Overview
Causes: Homeless & Housing, Housing Development, Construction & Management
Mission: The corporation's specific purpose is to supports affordable housing, community development and economic development of the city and county of san francisco's economically disadvantaged individuals and communities, by lending to, investing in, and directly acquiring such affordable housing and related community development real estate assets.
Programs: Sfhaf closed a loan to bridge housing corporation for a vacant site at 4840 mission street in san francisco. The loan was closed on june 7, 2017 and totaled $9. 0m. The loan proceeds will be used for 175 new affordable housing units and a ground floor community health clinic. Without the fund, bridge's purchase agreement on this strategic site would have expired. Sfhaf closed a loan to mission economic development agency (meda) for acquisition and rehabilitation of a 6-unit property at 1411 florida street in san francisco. This loan was closed on may 24, 2017 and totaled $3. 5m. The loan proceeds will be used to rehabilitate and preserve 6 affordable housing units, and build an additional accessory dwelling unit (adu). The adu is a first for the city's small sites program, allowing longtime elderly tenants to age in place in a new ground floor apartment. Sfhaf closed its first round of capital in april, $37 million in total led by investments of $20 million from citi community capital, $10 million from the city of san francisco, and $6. 5 million philanthropic capital from dignity health, the san francisco foundation, and the hewlett foundation.