Press Release: MEDA and TNDC Awarded 681 Florida Street Affordable-Housing Development

Christopher Gil
Senior Content Marketing Manager
Mission Economic Development Agency
(415) 282-3334 ext. 152
cgil@medasf.org

FOR IMMEDIATE RELEASE
Feb. 16, 2017

MEDA and TNDC Awarded 681 Florida Street Affordable-Housing Development
A 130-unit housing and arts project to further stabilize Mission District

San Francisco, Calif. — The Mayor’s Office of Housing and Community Development (MOHCD) has announced that the Mission Economic Development Agency (MEDA) and Tenderloin Neighborhood Development Center (TNDC) have been awarded the right to co-develop and manage a site for 100 percent affordable housing at 681 Florida Street (formerly 2070 Bryant Street), between 18th and 19th streets, in the Mission District.

The proposed development, designed by Mithun/Solomon, calls for 130 units of affordable apartment rentals for families. Forty-two percent of units will be two bedrooms or larger, with 30 percent of apartments set aside for formerly homeless families.

Three key goals for 681 Florida Street are:

  • Fostering a safe home for families and an inclusive environment that encourages community, while providing connections to the street, neighborhood and city beyond.
  • Resident and community amenities and on-site services that support all residents, especially formerly homeless households.
  • Creating an accessible, affordable place for arts-focused Production, Distribution and Repair (PDR) uses, providing a window of creativity from the street into a flexible and functional space.

“This is a big win for the Mission community, as MEDA worked with community partners to fight for this space as a community benefit from a market-rate developer. Our proposal for 681 Florida Street will keep and define our place in the neighborhood for arts/cultural groups and families,” states MEDA Director of Community Real Estate Karoleen Feng.

Explains TNDC CEO Don Falk, “TNDC is thrilled to be working with MEDA on another exciting project within the Mission. Our two organizations will have the ability to help stem the tide of displacement in this gentrifying neighborhood, provide high-quality, affordable housing and services for families, as well as provide valuable arts-related PDR space for community organizations.”

###

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. 
medasf.org

About Tenderloin Neighborhood Development Corporation (TNDC)
TNDC provides affordable housing and services for over 4,100 low-income residents in six San Francisco neighborhoods, building community and promoting equitable access to opportunity and resources.
tndc.org

Leave a reply

Your email address will not be published. Required fields are marked *