Community Real Estate

CRE units

Small Sites Units
RAD Units
New Construction
Nonprofit Center Units
TOTAL UNITSPipeline: Preserved/Produced

WHO WE ARE AND WHAT WE DO

MEDA’s Community Real Estate (CRE) program was launched in summer 2014 as an urgent response to stem the displacement happening to low-income and working-class families in the Mission District. A detailed report showcasing the issue.

San Francisco’s Mission District has always been a supportive place for low-income and immigrant Latinos, but it’s now one of the most unaffordable neighborhoods in the country. Between 2000 and 2019, the Latino population of the Mission fell by over 9,000 residents. That amounts to nearly one in three Latino residents in 2000 leaving, whether forcibly or voluntarily, over the next two decades. MEDA is using our years of experience to keep Latinos and working families in the Mission District and help them thrive.

(Read front-page story in San Francisco Chronicle and blogs on our work.)

Community Real Estate creates sustainable community assets through real estate solutions.

MEDA’s CRE program develops real estate from site identification to asset management, with the Mission District in San Francisco as our primary geography. Preserving and producing real estate is our means to stabilizing and strengthening our community. In the development and asset management process, this program:

  • Establishes the vision for the Mission District.
  • Incorporates green and financially sustainable elements of long-term operations.
  • Integrates asset building programs into its properties to ensure pathways to family economic success.

”MEDA is often on the front lines of the neighborhood’s development battles.”
San Francisco Business Times

STRATEGIES

Small Sites
MEDA is keeping households in San Francisco through the purchase and rehabilitation of buildings where long-term, vulnerable tenants might otherwise be evicted. Long-term financing for the purchase and rehabilitation is from the City and County of San Francisco’s Small Sites Program. 

Portfolio to date:
Vivienda Adelante – 380 San Jose (4 units)
Vivienda Adelante – 642 Guerrero (4 units)
Vivienda Adelante – 344 Precita (4 units)
Vivienda Adelante – 3840 Folsom (4 units)
Vivienda Adelante – 1500 Cortland (4 units)
Vivienda Adelante – 3329 20th (10 units)
Vivienda Adelante – 3800 Mission (6 units)
Vivienda Adelante – 269 Richland (6 units)
Vivienda Adelante – 63 Lapidge (6 units)
Vivienda Adelante – 3198 24th (13 units)
Vivienda Adelante – 2217 Mission (9 units)
Vivienda Adelante – 1015 Shotwell (10 units)
Vivienda Adelante – 1411 Florida (7 units)
Vivienda Adelante – 19 Precita (3 units)
Vivienda Adelante – 35 Fair (4 units)
Vivienda Adelante – 305 San Carlos (14 units)
Vivienda Adelante – 3353 26th (11 units)
Vivienda Adelante – 60 28th (6 units)
Vivienda Adelante – 2093 Mission (17 units)
Vivienda Adelante – 65 Woodward (6 units)
Vivienda Adelante – 654 Capp (6 units)
Vivienda Adelante – 4830 Mission (26 units) – in Excelsior
Vivienda Adelante – 520 Shrader (7 units)(co-developer) – in Haight
Vivienda Adelante – 3544 Taraval (6 units) – in Sunset
Vivienda Adelante – 3156 Mission (9 units)
Vivienda Adelante – 369 3rd Ave. (13 units) – in Richmond
Vivienda Adelante – 239 Clayton St. (8 units) – in NoPa
Vivienda Adelante – 2260 Mission (7 units)
Vivienda Adelante – 3225 24th (6 units)
Vivienda Adelante – 3254 23rd (11 units)
Vivienda Adelante – 1382 30th Ave. (4 units) – in Sunset
Vivienda Adelante – 566 Natoma (5 units) – in SoMa
Vivienda Adelante – 2676 Folsom (8 units)
Vivienda Adelante – 1353 Stevenson (7 units)
Vivienda Adelante – 168 Sickles (12 units)(co-developer) – in Outer Mission

”You saved our home. We are eternally grateful. Thank you, MEDA!” 
Gigi Amos, Small Sites Program resident

Rental Assistance Demonstration (RAD)
The RAD federal program, via HUD, enables us to preserve and manage San Francisco Public Housing complexes that have deferred maintenance issues.

Portfolio to date:
Casa Adelante – 462 Duboce (42 units)
Casa Adelante – 25 Sanchez (90 units)
Casa Adelante – 1855 15th/Mission Dolores (91 units)
Casa Adelante – 3850 18th (107 units)
Casa Adelante – 255 Woodside (109 units)

”I feel blessed to be in my building. I am glad that MEDA is part of the RAD program!” 
John Britt, RAD program 

Affordable Housing: New Construction
We join with trusted community partners to leverage their expertise and produce affordable housing developments in the Mission.

Portfolio to date:
Casa Adelante – 1296 Shotwell senior affordable-housing development (94 units; completed 2019)
Casa Adelante – 2060 Folsom affordable-housing development (127 units; completed 2020)
Casa Adelante – 1990 Folsom affordable-housing development (143 units; completed 2020)
Casa Adelante – 681 Florida (was 2070 Bryant) affordable-housing development (130 units; estimated move-in date Q2/2023 )
Casa Adelante – 2205 Mission affordable-housing development (63 units; estimated move-in date TBD; below-market-rate condos to be built on top of existing structure)

”We need low-income housing for older people like me.” 
Mission senior Clara Luz Quezada, 1296 Shotwell new construction 

Commercial Space
We strive to preserve affordable commercial space to keep community-serving legacy businesses, arts organizations and nonprofits in place with our small-business strategies and advocacy work, plus produce new space for budding entrepreneurs.

TIMELINE

Community Crisis Reactive

  • 1973: MEDA starts providing free asset-building services in the Mission District of San Francisco
  • December 2012: MEDA, as lead agency, wins MPN grant
  • Fall 2013: Our Mission No Eviction/Plaza 16 Coalition – participated in marches and protests & MEDA helps to form Plaza 16 Coalition
  • February 2014: MEDA awarded 400 RAD properties to launch CRE portfolio
  • March 2014: Housing town halls spearhead development of housing-stability plan
  • Late 2014 to Early 2015: Mission Promise Neighborhood housing report outlines trend lines in the Mission and what we need to achieve to stem the displacement

Community Crisis Proactive

  • August 2015: MEDA awarded the right to co-develop 2060 Folsom
  • November 2015: MEDA awarded the right to co-develop 1296 Shotwell (senior affordable housing)
  • December 2015: MEDA/MPN provided asset-building services to 6,800 clients 
  • 2016: MEDA to start integration of financial asset-building services to residents
  • 2019: MEDA/MPN provided asset-building services to 8,700 clients 
  • 2020: Affordable-housing work continues during COVID-19 pandemic
  • 2021 on: Equitable recovery for our community post-pandemic

If you have questions about Community Real Estate or want to inquire if your building could be purchased under San Francisco’s Small Sites program, please contact us: (415) 282-3334 ext. 101; cre@medasf.org.