San Francisco, CA — Mayor London N. Breed, Supervisor Matt Haney and community leaders today celebrated the grand opening of new 100 percent affordable housing at 1036 Mission Street for low-income families, with nearly half of the apartments set aside for those experiencing homelessness.

“Creating new affordable housing is critical to ensuring that our low-income residents can continue to live in San Francisco,” said Mayor Breed. “This project will not only create 43 new homes for low-income residents, it also creates 40 new exits for people experiencing homelessness. We need more housing of all types in our City, and I am committed to making sure that we continue to build housing like this throughout San Francisco.”

This new development provides 43 low-income families and 40 formerly homeless families with a safe, high-quality and permanently affordable place to call home. In addition, there are two on-site social workers funded by the Department of Homelessness and Supportive Housing.

“The need for affordable housing is immense, and the lasting impact it can have on the formerly homeless and their families is undeniable. We hope that more projects like this can happen across the city,” said Supervisor Haney.

“We are thrilled to celebrate the opening of this critical asset for the SoMa community. 1036 Mission Street is a beautifully-designed, transit-friendly and permanently affordable apartment building that offers vulnerable families the stability they need and deserve,” said Kate Hartley, Director of the Mayor’s Office of Housing and Community Development.

Building features include an outdoor courtyard, a rooftop vegetable garden, a community room and kitchen, disability-accessible units, bicycle storage, 24-hour desk clerk, and a public art installation by local artist Jim Campbell. Tenderloin Neighborhood Development Corporation is the owner, developer, service provider, and property manager for 1036 Mission Street.

“Delayed but not stymied by the Great Recession and ten years in the making, 1036 Mission Street is a testament to perseverance and an entire community’s coming together to support affordable housing. As a result, more than 80 families—half of whom are moving out of homelessness—have a place to call their own,” said Don Falk, Chief Executive Officer of Tenderloin Neighborhood Development Corporation.

The City invested over $19 million into this much-needed affordable housing. Additional funding was provided by the State of California Department of Housing and Community Development, CHASE Community Development Banking, Enterprise Community Partners, the Federal Home Loan Bank of San Francisco, and the U.S. Department of Housing and Urban Development.