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Board hears heated public concern over Midtown Park Apartments as supervisor outlines rent restructuring
Summary
Supervisor Kim told the Board of Supervisors that rent adjustments and a five-year phase-in are planned for Midtown Park Apartments to stabilize the complex; residents and advocates told the board they fear displacement and urged action to preserve long-standing affordable units.
Supervisor Kim told the San Francisco Board of Supervisors on Oct. 6 that Midtown Park Apartments, a city-owned, Mercy Housing–managed complex in the Western Addition, needs major rehabilitation and a rent restructuring aimed at stabilizing the property while keeping it affordable for current residents.
"No Midtown residents will be displaced, nor have they been during this process," Supervisor Kim said, describing an income recertification process and a five‑year phase-in for rent changes. He said the development has an estimated need of "over $40,000,000 in rehabilitation" and that the city has provided emergency capital, including $500,000 this year.
Kim pressed that the goal is to keep current residents in their homes while bringing project income in line with operating needs. He gave a breakdown…
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