Associate Director of Marketing and Communications
Mission Economic Development Agency (MEDA)
(415) 282-3334 ext. 152
FOR IMMEDIATE RELEASE
Oct. 11, 2019
Mayor London Breed Tours 100 Percent Affordable Senior Housing at Casa Adelante – 1296 Shotwell to Advocate for Prop A Passage
Prop A will fund hundreds more homes for San Francisco seniors
San Francisco — Mayor London Breed joined community partners today at the first public look at affordable senior housing funded by the 2015 housing bond. This November, Prop A provides $600 million for affordable housing, including $150 million for senior homes.
“It’s a thrill to visit for the first time these award-winning homes for our seniors,” said Mayor Breed. “The 2015 housing bond was instrumental in making this project possible and now our seniors need us to keep working to create many more affordable homes by passing Prop A.”
“Our seniors on a fixed income have struggled to stay in San Francisco and the Mission. Casa Adelante – 1296 Shotwell — the first 100 percent affordable housing development in the Mission in a decade — will provide high-quality housing for our seniors to age in place with dignity in the community they built,” said MEDA CEO Luis Granados.
“In 2015, San Francisco voters made affordable housing their priority and thanks to their votes, Casa Adelante – 1296 Shotwell is now a reality,” said Chinatown Community Development Center (CCDC) Executive Director Rev. Norman Fong. “Now, we need voters to once again stand with seniors, teachers, working families and the most vulnerable in our community to support Prop A so we can do even more.”
Casa Adelante – 1296 Shotwell received $22.2 million in funding from the 2015 housing bond – nearly half of the total project cost of $55.8 million. The nearly completed building will provide 93 studio and one-bedroom affordable units for San Francisco seniors with 23 perent of the units for formerly homeless seniors. It is designed to allow seniors to age in place and includes space for activities geared to seniors.
Seniors will begin to move in this December with full lease up by April 2020.
This year’s Prop A builds on the highly successful 2015 measure by continuing to invest in affordable housing creation – without raising taxes. In addition to funding for senior homes, the measure includes $220 million for housing for low-income residents, $150 million to repair and rebuild distressed public housing, $20 million for educator housing, and $60 million to acquire and rehab rental housing, as well as help middle-income residents with affordable home ownership or rental options.
Prop A has been endorsed by Mayor Breed, every member of the Board of Supervisors, San Francisco Chronicle, San Francisco Examiner, San Francisco Democratic County Central Committee, Sierra Club, Chamber of Commerce and dozens of community leaders and organizations, including MEDA and Chinatown CDC.
About Mission Economic Development Agency (MEDA)
Rooted in the Mission and focused on San Francisco, MEDA’s mission is to strengthen low- and moderate-income Latino families by promoting economic equity and social justice through asset building and community development.