Housing unaffordability is a direct threat to maintaining the diversity and prosperity of the City of San Francisco. Average rent for a one-bedroom apartment is $3,200. Housing is unaffordable for 73% of San Francisco residents.
The SFHAF invests in the preservation and expansion of quality affordable housing and community facilities for the economically disadvantaged households, individuals and communities of San Francisco.
In one year, the SFHAF has invested $33 million and raised $46 million to benefit xx families in San Francisco.
units of existing housing preserved
properties in neighborhoods at high-risk of displacement
residents enabled to stay in their homes
high displacement risk households preserved
Learn more about our impact here.
Invest with the SFHAF
Our tiered capital structure enables us to provide critical capital to affordable housing developers in San Francisco.
Loans from commercial banks
Low-Interest Loans from Mission-Motivated Sources
0% Interest Loan from the City
GRANTS/ EQUITY/RETAINED EARNINGS
Expands Fund's Operating Base
SFHAF’s senior secured revolving facility finances between 65-80% of the Fund’s loans.
SFHAF raises senior, unsecured term capital to diversify and expand capital available for lending from its balance sheet.
SFHAF’s low-cost, long-term mezzanine debt increases the Fund’s leverage, expands its balance sheet, and further engages additional senior capital providers.
The City of San Francisco’s $10 million, long-term subordinate loan to the Fund, as well as the several philanthropic start-up grants the Fund has received, have helped to fund its operations while growing its programs and impact.