Stalled S.F. housing project receives grant to jump-start $2.3 billion plan

Stalled S.F. housing project receives grant to jump-start $2.3 billion plan

April 16, 2025

San Francisco Chronicle: Stalled S.F. housing project receives grant to jump-start $2.3 billion plan

The Crankstart Foundation is the latest investor seeking to jump-start the long-planned remake of San Francisco’s largest and oldest housing cooperative into a truly mixed-income community featuring new affordable housing alongside thousands of market-rate homes.

[…] Other key investors in the project include the Low Income Investment Fund, the San Francisco Foundation, Menorah Park, the Housing Accelerator Fund and Common Spirit Health, a Catholic nonprofit health system which contributed $5 million in 2023.

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