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Board OKs Homekey purchase of Granada Hotel for permanent supportive housing

3006327 · April 16, 2025
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Summary

The Board of Supervisors unanimously authorized $49 million in Homekey funds to Episcopal Community Services to acquire the Granada Hotel at 1000 Sutter Street and committed up to $33 million in local match and operational subsidies over five years; the board also affirmed the CEQA determination.

The San Francisco Board of Supervisors on Dec. 8 unanimously approved a resolution authorizing the Department of Homelessness and Supportive Housing to accept and expend up to $49,000,000 in Homekey grant funds for Episcopal Community Services to acquire the Granada Hotel at 1000 Sutter Street for conversion to permanent supportive housing.

The board also approved HSH’s commitment of up to $33,000,000 for project expenses and additional operational subsidies over five years to satisfy the local match requirement, and affirmed the project’s environmental determination under the California…

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