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Committee endorses state AHSC awards for 1950 Mission and 2060 Folsom affordable projects
Summary
The committee recommended accepting $15M for 1950 Mission and $14M for 2060 Folsom through the state Affordable Housing and Sustainable Communities program to fund two 100% affordable housing projects (157 and 127 units respectively) and related transit improvements; construction is expected to start in December.
The Budget and Finance Committee voted to forward two resolutions to the full Board to accept state Affordable Housing and Sustainable Communities (AHSC) awards for two Mission District projects.
Amy Chan of the Mayor’s Office of Housing and Community Development described item 2 as authorization to accept $15 million for 1950 Mission — $10 million for…
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