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Committee forwards 833 Bryant permanent supportive housing lease and financing plan
Summary
The committee recommended forwarding a master lease and sublease for 145 permanent supportive housing units at 833 Bryant Street (SoMa); the project uses private financing, tax credits and a city lease payment capped near $2.0M annually and includes an option for the city to acquire land for $1 after 30 years.
Department of Homelessness and Supportive Housing officials presented a master lease resolution for 833 Bryant Street, a new construction permanent supportive housing (PSH) project that will provide 145 studio units plus a manager's unit.
Emily Cohen and Gigi Whitley said the project is an innovative public‑private partnership that leverages philanthropic…
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