The acquisition of this hotel is part of Mayor Breed’s Homelessness Recovery Plan, which includes the largest one-time expansion of PSH in 20 years. Currently, there are 1,490 active units, and an additional 1,054 units are in the pipeline putting the plan at 99% towards Mayor Breed’s commitment to acquiring or leasing 1,500 new units of PSH.
The post PRESS ROOM: City Awarded $7.5 Million In Project Homekey State Funding to Acquire Building for Transitional Age Youth Housing first appeared on Post News Group.