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Project Homekey: committee backs acquisition of Hotel Diva at 440 Geary for 130 supportive-housing units

San Francisco Board of Supervisors Budget and Finance Committee · November 4, 2020
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Summary

The committee approved a resolution authorizing Project Homekey funding and local matching commitments to acquire and convert the Hotel Diva (440 Geary) into approximately 130 units of permanent supportive housing; the resolution includes CEQA clearance language and was advanced to the Board with a positive recommendation.

The Budget and Finance Committee voted to forward a resolution that authorizes the Department of Homelessness and Supportive Housing (HSH) to accept up to $30 million in State Homekey funds and commit roughly $27.4 million in local matching funds to acquire and rehabilitate the Hotel Diva at 440 Geary for conversion to 130…

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