Budget committee advances $14.3 million loan for 2550 Irving affordable housing amid contamination concerns

The San Francisco Budget & Finance Committee on July 14 voted to forward to the full Board a $14.3 million loan to the Tenderloin Neighborhood Development Corporation to acquire the site for a 98‑unit, 100% affordable family housing project at 2550 Irving Street.

Supervisor Gordon Mar, who represents District 4 and led public questioning, described the project as "a historic moment" for affordable family housing on the West Side but pressed MOHCD and the project sponsor on high per‑unit costs and an ongoing environmental review. Jacob Noonan of the Mayor's Office of Housing and Community Development said the $14.3 million loan would come from Proposition A bond funds reserved for acquisition and predevelopment and that the project aims to serve families, with 25% of units set aside for formerly homeless households.

Much of the committee’s discussion focused on reports of perchloroethylene (PCE) soil vapor at the site. Katie Lamont, speaking for the project sponsor, said the Department of Toxic Substances Control (DTSC) had preliminarily approved a draft response plan that includes an engineered vapor intrusion mitigation system under the building, utility corridor plugs, confirmation…