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Committee forwards $54.8M Homekey award to acquire 1321 Mission for supportive housing
Summary
The committee recommended Board approval to accept up to $54.8 million in Homekey funds and commit $16 million in matching Prop C funds for acquisition and at least five years of operations at 1321 Mission Street, a 160‑unit permanent supportive housing project.
The Budget & Finance Committee voted to forward to the full Board a resolution allowing the Department of Homelessness and Supportive Housing (HSH) to accept and expend up to $54,800,000 in Homekey grant funds for the acquisition and operations of 1321 Mission Street.
Emily Cohen, Deputy Director for Communications and Legislative Affairs at HSH, told the committee the property…
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