Purchase 758 Pacific Avenue for affordable housing
The City authorizes the purchase of 758 Pacific Avenue for $2,178,786.
What's happening
- The City authorizes the purchase of 758 Pacific Avenue for $2,178,786.
- The property will be placed under the Mayor’s Office of Housing and Community Development to build affordable housing, financed with a loan amendment up to $13,666,153.
Why it matters
It adds new affordable housing units, helping low‑income residents find stable homes.
Who is affected
How to act
Attend: Attend the Budget and Finance Committee meeting at City Hall, Legislative Chamber, Room 250, on July 22, 2026 at 10:00 AM.
Email: brent.jalipa@sfgov.org
Submit comment: Not listed in the source document.
Decision update
Amended in committee
The committee amended the resolution authorizing acquisition of 758 Pacific Avenue for affordable housing, including a loan amendment and a residential ground lease with a $100 annual base rent.
Decided Jul 22, 2026.